diff --git a/ui/src/lib/panel/activity.svelte.ts b/ui/src/lib/panel/activity.svelte.ts
index 92dddad..422fa32 100644
--- a/ui/src/lib/panel/activity.svelte.ts
+++ b/ui/src/lib/panel/activity.svelte.ts
@@ -30,6 +30,8 @@ export interface Turn {
   // A tool call came between two pieces of text; the next piece starts a
   // paragraph, as the final message will show it.
   paused: boolean;
+  // What the model thought, when its thinking is reasoning and not progress.
+  reasoning: string;
   resultSubtype: string | null;
   roots: string[];
   says: string[];
@@ -223,25 +225,45 @@ export class ActivityModel {
     const turn = this.turnFor(turnId, ts, parent);
     const sdk = raw as Record<string, unknown>;
     if (sdk.type === "content_block_start") {
-      const block = sdk.content_block as Record<string, unknown> | undefined;
-      if (block?.type === "tool_use" && typeof block.id === "string") {
-        this.ensureNode(turn, block.id, str(block.name) ?? "?", parent, ts);
-      } else if (block?.type === "thinking" && parent === null) {
-        turn.thinking += 1;
+      this.onBlockStart(turn, sdk.content_block, parent, ts);
+    } else if (sdk.type === "content_block_delta" && parent === null) {
+      this.onDelta(turn, sdk.delta as Record<string, unknown> | undefined);
+    }
+  }
+
+  private onBlockStart(
+    turn: Turn,
+    raw: unknown,
+    parent: string | null,
+    ts: string
+  ): void {
+    const block = raw as Record<string, unknown> | undefined;
+    if (block?.type === "tool_use" && typeof block.id === "string") {
+      this.ensureNode(turn, block.id, str(block.name) ?? "?", parent, ts);
+    } else if (block?.type === "thinking" && parent === null) {
+      turn.thinking += 1;
+      if (turn.reasoning) {
+        turn.reasoning += "\n\n";
       }
+    }
+  }
+
+  private onDelta(
+    turn: Turn,
+    delta: Record<string, unknown> | undefined
+  ): void {
+    const thought = delta?.type === "thinking_delta" ? delta.thinking : null;
+    if (
+      typeof thought === "string" &&
+      this.conversation?.thinking_is_progress !== true
+    ) {
+      turn.reasoning += thought;
       return;
     }
-    if (sdk.type === "content_block_delta" && parent === null) {
-      const delta = sdk.delta as Record<string, unknown> | undefined;
-      const progress = this.conversation?.thinking_is_progress === true;
-      const text =
-        delta?.type === "thinking_delta" && progress
-          ? delta.thinking
-          : delta?.text;
-      if (typeof text === "string" && text) {
-        turn.text = joinText(turn.text, text, turn.paused);
-        turn.paused = false;
-      }
+    const text = thought ?? delta?.text;
+    if (typeof text === "string" && text) {
+      turn.text = joinText(turn.text, text, turn.paused);
+      turn.paused = false;
     }
   }
 
@@ -365,6 +387,7 @@ export class ActivityModel {
       nodes: {},
       origin: origin ?? "?",
       paused: false,
+      reasoning: "",
       resultSubtype: null,
       roots: [],
       says: [],
diff --git a/ui/src/lib/panel/chat-view.svelte b/ui/src/lib/panel/chat-view.svelte
index c5cff5d..01ce4c7 100644
--- a/ui/src/lib/panel/chat-view.svelte
+++ b/ui/src/lib/panel/chat-view.svelte
@@ -6,12 +6,16 @@
   import ErrorNote from "$lib/components/error-note.svelte";
   import { clip, fmtDateTime, fmtTime } from "$lib/format";
   import { cn } from "$lib/utils";
-  import type { ActivityModel } from "./activity.svelte";
-  import { isLive, summarizeInput, toolLabel } from "./activity.svelte";
+  import type { ActivityModel, ToolNode } from "./activity.svelte";
+  import { isLive } from "./activity.svelte";
   import { cacheableHistory, historyKey } from "./history-cache";
   import { usePanelHost } from "./host";
   import Markdown from "./markdown.svelte";
   import QuestionCard from "./question-card.svelte";
+  import Reasoning from "./reasoning.svelte";
+  import SayBubble from "./say-bubble.svelte";
+  import ServiceLine from "./service-line.svelte";
+  import ToolNodeView from "./tool-node.svelte";
   import TurnCard from "./turn-card.svelte";
 
   let {
@@ -26,25 +30,42 @@
     refreshKey?: number;
   } = $props();
 
-  const RESULT_CLIP = 600;
-  // Markdown for the last few screens renders at once; the rest waits
-  // until scrolled near, so a long thread paints as fast as a short one.
-  const EAGER_MARKDOWN = 40;
+  interface Step {
+    block: ContentBlock;
+    eager: boolean;
+    key: string;
+    stampedAt: string | null;
+  }
+
+  type Row =
+    | { day: string; key: string; kind: "day" }
+    | { key: string; kind: "system"; text: string; ts: string | null }
+    | {
+        eager: boolean;
+        key: string;
+        kind: "user";
+        service: string | null;
+        texts: string[];
+        ts: string | null;
+      }
+    | { key: string; kind: "agent"; steps: Step[] };
+
+  const RESULT_CLIP = 20_000;
+  const RENDERED_AT_ONCE = 40;
   const host = usePanelHost();
-  const NEAR_BOTTOM_PX = 120;
+  const AT_BOTTOM_PX = 8;
   const TICK_MS = 1000;
+  const NO_NODES: Record<string, ToolNode> = {};
 
   let messages = $state<HistoryMessage[] | null>(null);
   let failure = $state<string | null>(null);
-  let showResults = $state(false);
   let loadedAt = $state(new Date(0).toISOString());
   let scroller = $state<HTMLDivElement | null>(null);
   let body = $state<HTMLDivElement | null>(null);
-  const SETTLE_MS = 2500;
-  const SETTLE_STEP_MS = 120;
-  let settleUntil = 0;
   let now = $state(Date.now());
   let pinned = true;
+  let readerRow: { node: Element; top: number } | null = null;
+  let ownScroll = false;
 
   const tail = $derived(
     model.turns
@@ -53,7 +74,11 @@
   );
   const tailSize = $derived(
     tail.reduce(
-      (n, turn) => n + turn.text.length + Object.keys(turn.nodes).length,
+      (n, turn) =>
+        n +
+        turn.text.length +
+        turn.reasoning.length +
+        Object.keys(turn.nodes).length,
       0
     )
   );
@@ -71,46 +96,61 @@
     try {
       ({ messages } = await client.history(conversationId));
       loadedAt = new Date().toISOString();
-      settle();
       host.cache?.set(historyKey(conversationId), cacheableHistory(messages));
     } catch (cause) {
       failure = cause instanceof Error ? cause.message : String(cause);
     }
   }
 
-  // The scroller is column-reverse: its origin is the bottom, scrollTop is
-  // zero there and goes negative upward, and the browser keeps the view at
-  // the bottom while content grows - no matter how late markdown lands.
-  function nearBottom(): boolean {
-    return !scroller || Math.abs(scroller.scrollTop) < NEAR_BOTTOM_PX;
-  }
-
   function toBottom() {
     if (scroller) {
       scroller.scrollTop = 0;
     }
   }
 
-  async function scrollToBottom() {
-    await tick();
-    toBottom();
-  }
-
-  // A fresh thread keeps growing after it is on screen: markdown renders
-  // late, embeds load, fonts land. Hold the bottom for a while after a load.
-  function settle() {
-    settleUntil = Date.now() + SETTLE_MS;
-    const step = () => {
-      if (!pinned || Date.now() > settleUntil) {
-        return;
+  function topRow(): { node: Element; top: number } | null {
+    if (!(scroller && body)) {
+      return null;
+    }
+    const edge = scroller.getBoundingClientRect().top;
+    const rows = body.children;
+    let low = 0;
+    let high = rows.length - 1;
+    while (low < high) {
+      const middle = Math.floor((low + high) / 2);
+      if (rows[middle].getBoundingClientRect().bottom > edge) {
+        high = middle;
+      } else {
+        low = middle + 1;
       }
+    }
+    const node = rows[low];
+    return node ? { node, top: node.getBoundingClientRect().top } : null;
+  }
+
+  function trackReader() {
+    if (ownScroll) {
+      ownScroll = false;
+      return;
+    }
+    pinned = !scroller || Math.abs(scroller.scrollTop) < AT_BOTTOM_PX;
+    readerRow = pinned ? null : topRow();
+  }
+
+  function keepReaderRowInPlace() {
+    if (pinned) {
       toBottom();
-      setTimeout(step, SETTLE_STEP_MS);
-    };
-    step();
+      return;
+    }
+    if (!(scroller && readerRow?.node.isConnected)) {
+      return;
+    }
+    const drift = readerRow.node.getBoundingClientRect().top - readerRow.top;
+    const before = scroller.scrollTop;
+    scroller.scrollTop += drift;
+    ownScroll = scroller.scrollTop !== before;
   }
 
-  // The date changes rarely; say it once, then only the time.
   function dayOf(iso: string | null | undefined): string {
     return iso ? iso.slice(0, 10) : "";
   }
@@ -121,7 +161,6 @@
 
   $effect(() => {
     if (refreshKey >= 0) {
-      pinned = true;
       untrack(() => load());
     }
   });
@@ -129,21 +168,15 @@
   $effect(() => {
     const count = (messages?.length ?? 0) + tailSize;
     if (pinned && count >= 0) {
-      scrollToBottom();
+      tick().then(toBottom);
     }
   });
 
-  // Markdown lands asynchronously (Obsidian renders after the DOM exists),
-  // so follow the content's height, not just the message count.
   $effect(() => {
     if (!(scroller && body)) {
       return;
     }
-    const observer = new ResizeObserver(() => {
-      if (pinned && scroller) {
-        scroller.scrollTop = scroller.scrollHeight;
-      }
-    });
+    const observer = new ResizeObserver(keepReaderRowInPlace);
     observer.observe(body);
     return () => observer.disconnect();
   });
@@ -157,36 +190,13 @@
     return () => clearInterval(timer);
   });
 
-  // Text the gateway or the CLI put in the user's seat: an inject header,
-  // an envelope, a subagent's report.
   const SYSTEM_HEAD = /^(\[[^\]\n]+\]|<task-notification>)/;
   const SECONDS = /:\d{2}$/;
   const DAY_TIME = /,?\s*\d{2}:\d{2}$/;
-  let openSystem = $state<Set<number>>(new Set());
 
-  function systemText(message: HistoryMessage): string | null {
-    if (message.role !== "user" || typeof message.content !== "string") {
-      return null;
-    }
-    return SYSTEM_HEAD.test(message.content.trimStart())
-      ? message.content
-      : null;
-  }
-
-  function toggleSystem(index: number) {
-    const next = new Set(openSystem);
-    if (next.has(index)) {
-      next.delete(index);
-    } else {
-      next.add(index);
-    }
-    openSystem = next;
-  }
-
-  // Keys count from the end: when the network copy grows the head past
-  // what the cache held, the tail keeps its nodes and its rendered markdown.
   function keyOf(message: HistoryMessage, index: number, total: number) {
-    return `${index - total}:${message.role}:${message.ts ?? ""}`;
+    const fromEnd = `${index - total}:${message.role}:${message.ts ?? ""}`;
+    return message.id ?? fromEnd;
   }
 
   function blocks(message: HistoryMessage): ContentBlock[] {
@@ -222,28 +232,127 @@
     }
     return "";
   }
+
+  const results = $derived.by(() => {
+    const found = new Map<string, { failed: boolean; text: string }>();
+    for (const message of messages ?? []) {
+      if (typeof message.content === "string") {
+        continue;
+      }
+      for (const block of message.content) {
+        if (block.type === "tool_result" && block.tool_use_id) {
+          found.set(block.tool_use_id, {
+            failed: block.is_error === true,
+            text: clip(resultText(block), RESULT_CLIP),
+          });
+        }
+      }
+    }
+    return found;
+  });
+
+  function nodeOf(block: ContentBlock): ToolNode {
+    const result = block.id ? results.get(block.id) : undefined;
+    let status: ToolNode["status"] = "aborted";
+    if (result) {
+      status = result.failed ? "error" : "done";
+    }
+    return {
+      children: [],
+      endedAt: null,
+      id: block.id ?? "",
+      input: block.input ?? null,
+      name: block.name ?? "?",
+      parent: null,
+      result: result?.text ?? "",
+      startedAt: "",
+      status,
+    };
+  }
+
+  function said(block: ContentBlock): string | null {
+    const text = (block.input as { text?: unknown } | null | undefined)?.text;
+    return block.name?.endsWith("__say") && typeof text === "string"
+      ? text
+      : null;
+  }
+
+  function userRow(
+    message: HistoryMessage,
+    parts: ContentBlock[],
+    key: string,
+    eager: boolean
+  ): Row {
+    const ts = message.ts ?? null;
+    const texts = parts.flatMap((b) =>
+      b.type === "text" && b.text ? [b.text] : []
+    );
+    if (!message.service && SYSTEM_HEAD.test(texts[0]?.trimStart() ?? "")) {
+      return { key, kind: "system", text: texts.join("\n"), ts };
+    }
+    const service = message.service ?? null;
+    return { eager, key, kind: "user", service, texts, ts };
+  }
+
+  function stepsOf(
+    message: HistoryMessage,
+    parts: ContentBlock[],
+    key: string,
+    eager: boolean,
+    minute: string
+  ): Step[] {
+    const ts = message.ts ?? null;
+    const stamped =
+      minuteOf(ts) !== minute ||
+      parts.some((b) => b.type === "text" && Boolean(b.text));
+    return parts.map((block, at) => ({
+      block,
+      eager,
+      key: `${key}:${at}`,
+      stampedAt: stamped && at === 0 ? ts : null,
+    }));
+  }
+
+  const rows = $derived.by(() => {
+    const out: Row[] = [];
+    const list = messages ?? [];
+    let run: Step[] | null = null;
+    let day = "";
+    let minute = "";
+    for (const [index, message] of list.entries()) {
+      const parts = blocks(message);
+      if (parts.every((b) => b.type === "tool_result")) {
+        continue;
+      }
+      const key = keyOf(message, index, list.length);
+      const eager = index >= list.length - RENDERED_AT_ONCE;
+      if (message.ts && dayOf(message.ts) !== day) {
+        day = dayOf(message.ts);
+        const label = fmtDateTime(message.ts).replace(DAY_TIME, "");
+        out.push({ day: label, key, kind: "day" });
+        run = null;
+      }
+      if (message.role === "user") {
+        out.push(userRow(message, parts, key, eager));
+        run = null;
+      } else if (run === null) {
+        run = stepsOf(message, parts, key, eager, minute);
+        out.push({ key, kind: "agent", steps: run });
+      } else {
+        run.push(...stepsOf(message, parts, key, eager, minute));
+      }
+      minute = message.ts ? minuteOf(message.ts) : minute;
+    }
+    return out;
+  });
 </script>
 
 <div
   class="flex min-h-0 flex-1 flex-col-reverse overflow-y-auto overflow-x-hidden px-3 py-3 [overflow-anchor:none] @md:px-6"
-  onscroll={() => {
-    if (Date.now() > settleUntil) {
-      pinned = nearBottom();
-    }
-  }}
+  onscroll={trackReader}
   bind:this={scroller}
 >
   <div class="flex min-w-0 max-w-full flex-col gap-3" bind:this={body}>
-    <button
-      class="rule-word self-end text-xs"
-      data-active={showResults}
-      onclick={() => {
-        showResults = !showResults;
-      }}
-      type="button"
-    >
-      {showResults ? "hide tool results" : "show tool results"}
-    </button>
     {#if failure}
       <ErrorNote message={failure} retry={load} />
     {:else if messages === null}
@@ -256,97 +365,72 @@
         title="Empty conversation"
       />
     {:else}
-      {#each messages as message, index (keyOf(message, index, messages.length))}
-        {@const parts = blocks(message)}
-        {@const isResultOnly = parts.every((b) => b.type === "tool_result")}
-        {@const system = systemText(message)}
-        {@const newDay =
-          message.ts && dayOf(message.ts) !== dayOf(messages[index - 1]?.ts)}
-        {@const newMinute =
-          message.ts &&
-          minuteOf(message.ts) !== minuteOf(messages[index - 1]?.ts)}
-        {@const spoken =
-          message.role === "user" ||
-          parts.some((b) => b.type === "text" && Boolean(b.text))}
-        {#if newDay}
-          <p class="label-quiet self-center pt-2">
-            {fmtDateTime(message.ts).replace(DAY_TIME, "")}
-          </p>
-        {/if}
-        {#if system}
+      {#each rows as row (`${row.kind}:${row.key}`)}
+        {#if row.kind === "day"}
+          <p class="label-quiet self-center pt-2">{row.day}</p>
+        {:else if row.kind === "system"}
           <div class="flex min-w-0 items-start justify-center gap-2">
-            {#if message.ts}
+            {#if row.ts}
               <span
                 class="tabular shrink-0 py-1 text-[11px] text-muted-foreground opacity-60"
-                title={fmtDateTime(message.ts)}
+                title={fmtDateTime(row.ts)}
               >
-                {minuteOf(message.ts)}
+                {minuteOf(row.ts)}
               </span>
             {/if}
-            <button
-              aria-expanded={openSystem.has(index)}
-              class="@md:max-w-[75ch] min-w-0 max-w-full rounded-md px-2 py-1 text-left font-mono text-muted-foreground text-xs hover:bg-accent"
-              onclick={() => toggleSystem(index)}
-              type="button"
-            >
-              {#if openSystem.has(index)}
-                <span class="whitespace-pre-wrap break-words">{system}</span>
-              {:else}
-                <span class="block truncate"
-                  >{clip(system.split("\n")[0], 120)}</span
-                >
-              {/if}
-            </button>
+            <ServiceLine text={row.text} />
           </div>
-        {:else if parts.length > 0 && !(isResultOnly && !showResults)}
-          <div
-            class={cn(
-            "group flex min-w-0 max-w-full flex-col gap-1.5",
-            message.role === "user" && !isResultOnly && "items-end"
-          )}
-          >
-            {#if message.ts && (newMinute || spoken) && !isResultOnly}
+        {:else if row.kind === "user"}
+          <div class="group flex min-w-0 max-w-full flex-col items-end gap-1.5">
+            {#if row.ts}
               <span
                 class="tabular px-1 text-[11px] text-muted-foreground opacity-60 transition-opacity group-hover:opacity-100"
-                title={fmtDateTime(message.ts)}
+                title={fmtDateTime(row.ts)}
               >
-                {minuteOf(message.ts)}
+                {minuteOf(row.ts)}
               </span>
             {/if}
-            {#each parts as block, blockIndex (blockIndex)}
+            {#each row.texts as text, index (index)}
+              <Markdown
+                class="min-w-0 @md:max-w-[75ch] max-w-full rounded-2xl rounded-br-md bg-primary/10 px-3.5 py-2"
+                eager={row.eager}
+                inert
+                {text}
+              />
+            {/each}
+            {#if row.service}
+              <ServiceLine text={row.service} />
+            {/if}
+          </div>
+        {:else}
+          <div class="group flex min-w-0 max-w-full flex-col">
+            {#each row.steps as step (step.key)}
+              {@const block = step.block}
+              {#if step.stampedAt}
+                <span
+                  class="tabular px-1 pt-1.5 text-[11px] text-muted-foreground opacity-60 transition-opacity group-hover:opacity-100"
+                  title={fmtDateTime(step.stampedAt)}
+                >
+                  {minuteOf(step.stampedAt)}
+                </span>
+              {/if}
               {#if block.type === "text" && block.text}
                 <Markdown
-                  class={cn(
-                    "min-w-0 @md:max-w-[75ch] max-w-full",
-                    message.role === "user"
-                      ? "rounded-2xl rounded-br-md bg-primary/10 px-3.5 py-2"
-                      : "px-1 py-1"
-                  )}
-                  eager={index >= messages.length - EAGER_MARKDOWN}
+                  class="min-w-0 @md:max-w-[75ch] max-w-full px-1 py-1"
+                  eager={step.eager}
                   text={block.text}
                 />
               {:else if block.type === "tool_use"}
-                <p
-                  class="flex min-w-0 max-w-full items-baseline gap-2 px-1 text-xs"
-                >
-                  <span class="shrink-0 font-medium"
-                    >{toolLabel(block.name ?? "?")}</span
-                  >
-                  <span class="min-w-0 truncate text-muted-foreground">
-                    {clip(summarizeInput(block.name ?? "", block.input), 160)}
-                  </span>
-                </p>
-              {:else if block.type === "tool_result" && showResults}
-                <pre
-                  class={cn(
-                  "max-h-48 max-w-full overflow-auto whitespace-pre-wrap break-all rounded-md p-2 text-xs",
-                  block.is_error
-                    ? "bg-destructive/8 text-destructive"
-                    : "bg-muted/40"
-                )}
-                >{clip(resultText(block), RESULT_CLIP)}</pre>
+                {@const spoken = said(block)}
+                {#if spoken}
+                  <div class="py-1"><SayBubble text={spoken} /></div>
+                {:else}
+                  <ToolNodeView node={nodeOf(block)} nodes={NO_NODES} now={0} />
+                {/if}
+              {:else if block.type === "thinking" && block.thinking?.trim()}
+                <Reasoning text={block.thinking} />
               {:else if block.type === "thinking"}
-                <p class="px-1 text-kind-deep text-xs">thinking</p>
+                <p class="px-1.5 py-1 text-kind-deep text-xs">thinking</p>
               {/if}
             {/each}
           </div>
diff --git a/ui/src/lib/panel/fences.ts b/ui/src/lib/panel/fences.ts
new file mode 100644
index 0000000..383690c
--- /dev/null
+++ b/ui/src/lib/panel/fences.ts
@@ -0,0 +1,18 @@
+const FENCE_HEAD =
+  /^((?:\s*(?:[-+*]|\d+[.)])\s+|\s*>)*\s*)(`{3,}|~{3,})[ \t]*([^\s`]+)(.*)$/gm;
+
+export function inertFences(
+  text: string,
+  runs: (language: string) => boolean
+): string {
+  return text.replace(
+    FENCE_HEAD,
+    (
+      line: string,
+      lead: string,
+      fence: string,
+      language: string,
+      rest: string
+    ) => (runs(language.toLowerCase()) ? `${lead}${fence}text${rest}` : line)
+  );
+}
diff --git a/ui/src/lib/panel/host.ts b/ui/src/lib/panel/host.ts
index eac9242..29ba18d 100644
--- a/ui/src/lib/panel/host.ts
+++ b/ui/src/lib/panel/host.ts
@@ -11,7 +11,11 @@ export interface PanelHost {
   // Where the index and the last threads persist between opens.
   cache?: PanelCache;
   // Renders ``text`` into ``node``; returns the cleanup. Absent: marked + DOMPurify.
-  markdown?: (node: HTMLElement, text: string) => (() => void) | undefined;
+  markdown?: (
+    node: HTMLElement,
+    text: string,
+    options?: { inert?: boolean }
+  ) => (() => void) | undefined;
   name: "browser" | "obsidian";
   openLink: (target: string, kind: LinkKind) => void;
   // Opens the note a conversation lives in (its markdown binding).
diff --git a/ui/src/lib/panel/markdown.svelte b/ui/src/lib/panel/markdown.svelte
index d194e99..3bb3da1 100644
--- a/ui/src/lib/panel/markdown.svelte
+++ b/ui/src/lib/panel/markdown.svelte
@@ -7,7 +7,13 @@
     text,
     class: className = "",
     eager = true,
-  }: { text: string; class?: string; eager?: boolean } = $props();
+    inert = false,
+  }: {
+    text: string;
+    class?: string;
+    eager?: boolean;
+    inert?: boolean;
+  } = $props();
 
   const NEAR = "1200px";
 
@@ -50,7 +56,7 @@
     const now = (next: string) => {
       dispose?.();
       node.classList.remove("whitespace-pre-wrap");
-      dispose = host.markdown?.(node, next);
+      dispose = host.markdown?.(node, next, { inert });
     };
     const later = (next: string) => {
       pending = next;
diff --git a/ui/src/lib/panel/reasoning.svelte b/ui/src/lib/panel/reasoning.svelte
new file mode 100644
index 0000000..ed0ec44
--- /dev/null
+++ b/ui/src/lib/panel/reasoning.svelte
@@ -0,0 +1,49 @@
+<script lang="ts">
+  import ChevronRightIcon from "@lucide/svelte/icons/chevron-right";
+  import { cn } from "$lib/utils";
+
+  let { text, live = false }: { text: string; live?: boolean } = $props();
+
+  const PREVIEW = 400;
+  const SPACES = /\s+/g;
+  let expanded = $state(false);
+  const flat = $derived(text.replace(SPACES, " ").trim());
+</script>
+
+<div class="flex min-w-0 max-w-full flex-col">
+  <button
+    aria-expanded={expanded}
+    class="row-hover ledger-grid grid-cols-[auto_auto_minmax(0,1fr)] rounded-md px-1.5 py-1 text-left text-sm"
+    onclick={() => {
+      expanded = !expanded;
+    }}
+    type="button"
+  >
+    <ChevronRightIcon
+      class={cn(
+        "size-3.5 text-icon transition-transform duration-150",
+        expanded && "rotate-90"
+      )}
+    />
+    <span class="size-2 rounded-full bg-kind-deep"></span>
+    <span class="flex min-w-0 items-baseline gap-2">
+      <span class="shrink-0 font-medium text-kind-deep">reasoning</span>
+      {#if live && !expanded}
+        <span class="truncate text-left text-muted-foreground" dir="rtl">
+          <bdi dir="ltr">{flat.slice(-PREVIEW)}</bdi>
+        </span>
+      {:else if !expanded}
+        <span class="truncate text-muted-foreground"
+          >{flat.slice(0, PREVIEW)}</span
+        >
+      {/if}
+    </span>
+  </button>
+  {#if expanded}
+    <p
+      class="mb-1 ml-7 @md:max-w-[75ch] whitespace-pre-wrap break-words text-muted-foreground text-sm"
+    >
+      {text.trim()}
+    </p>
+  {/if}
+</div>
diff --git a/ui/src/lib/panel/say-bubble.svelte b/ui/src/lib/panel/say-bubble.svelte
new file mode 100644
index 0000000..6634125
--- /dev/null
+++ b/ui/src/lib/panel/say-bubble.svelte
@@ -0,0 +1,11 @@
+<script lang="ts">
+  import MessageSquareIcon from "@lucide/svelte/icons/message-square";
+  import Markdown from "./markdown.svelte";
+
+  let { text }: { text: string } = $props();
+</script>
+
+<div class="mx-1 flex gap-2 rounded-md bg-primary/8 px-2.5 py-1.5">
+  <MessageSquareIcon class="mt-1 size-3.5 shrink-0 text-link" />
+  <Markdown class="min-w-0 flex-1" {text} />
+</div>
diff --git a/ui/src/lib/panel/service-line.svelte b/ui/src/lib/panel/service-line.svelte
new file mode 100644
index 0000000..5c68ff5
--- /dev/null
+++ b/ui/src/lib/panel/service-line.svelte
@@ -0,0 +1,28 @@
+<script lang="ts">
+  import { clip } from "$lib/format";
+  import { cn } from "$lib/utils";
+
+  let { text, class: className = "" }: { text: string; class?: string } =
+    $props();
+
+  const HEAD_CLIP = 120;
+  let expanded = $state(false);
+</script>
+
+<button
+  aria-expanded={expanded}
+  class={cn(
+    "min-w-0 @md:max-w-[75ch] max-w-full rounded-md px-2 py-1 text-left font-mono text-muted-foreground text-xs hover:bg-accent",
+    className
+  )}
+  onclick={() => {
+    expanded = !expanded;
+  }}
+  type="button"
+>
+  {#if expanded}
+    <span class="whitespace-pre-wrap break-words">{text}</span>
+  {:else}
+    <span class="block truncate">{clip(text.split("\n")[0], HEAD_CLIP)}</span>
+  {/if}
+</button>
diff --git a/ui/src/lib/panel/tool-node.svelte b/ui/src/lib/panel/tool-node.svelte
index 7e46a9c..1414a18 100644
--- a/ui/src/lib/panel/tool-node.svelte
+++ b/ui/src/lib/panel/tool-node.svelte
@@ -33,6 +33,11 @@
     running: "bg-signal animate-pulse-dot",
   };
   const SHOW_DURATION_AFTER_MS = 2000;
+  const timed = $derived(
+    node.status === "running"
+      ? duration >= SHOW_DURATION_AFTER_MS
+      : node.endedAt !== null
+  );
 </script>
 
 <div class={cn("flex flex-col", depth > 0 && "ml-3 border-l pl-2")}>
@@ -59,7 +64,7 @@
         <span class="truncate text-muted-foreground">{summary}</span>
       {/if}
     </span>
-    {#if node.status !== "running" || duration >= SHOW_DURATION_AFTER_MS}
+    {#if timed}
       <span class="tabular text-muted-foreground text-xs">
         {fmtDuration(duration)}
       </span>
diff --git a/ui/src/lib/panel/turn-card.svelte b/ui/src/lib/panel/turn-card.svelte
index 15042ef..9d0b4b0 100644
--- a/ui/src/lib/panel/turn-card.svelte
+++ b/ui/src/lib/panel/turn-card.svelte
@@ -1,5 +1,4 @@
 <script lang="ts">
-  import MessageSquareIcon from "@lucide/svelte/icons/message-square";
   import StatusPill from "$lib/components/status-pill.svelte";
   import {
     elapsedMs,
@@ -11,6 +10,8 @@
   import { cn } from "$lib/utils";
   import { isLive, ORIGIN_LABELS, type Turn } from "./activity.svelte";
   import Markdown from "./markdown.svelte";
+  import Reasoning from "./reasoning.svelte";
+  import SayBubble from "./say-bubble.svelte";
   import ToolNodeView from "./tool-node.svelte";
 
   let { turn, now }: { turn: Turn; now: number } = $props();
@@ -59,7 +60,7 @@
         tool {toolCount === 1 ? "call" : "calls"}
       </span>
     {/if}
-    {#if turn.thinking > 0 && turn.status === "running"}
+    {#if turn.thinking > 0 && turn.status === "running" && !turn.reasoning}
       <span class="text-kind-deep">thinking…</span>
     {/if}
     {#if turn.usage}
@@ -79,9 +80,13 @@
   {:else if turn.userText}
     <Markdown
       class="mx-1 rounded-md bg-muted/50 px-2.5 py-1.5"
+      inert
       text={turn.userText}
     />
   {/if}
+  {#if turn.reasoning.trim()}
+    <Reasoning live={turn.status === "running"} text={turn.reasoning} />
+  {/if}
   {#if turn.roots.length > 0}
     <div class="flex flex-col">
       {#each turn.roots as rootId (rootId)}
@@ -92,10 +97,7 @@
     </div>
   {/if}
   {#each turn.says as text, index (index)}
-    <div class="mx-1 flex gap-2 rounded-md bg-primary/8 px-2.5 py-1.5">
-      <MessageSquareIcon class="mt-1 size-3.5 shrink-0 text-link" />
-      <Markdown class="min-w-0 flex-1" {text} />
-    </div>
+    <SayBubble {text} />
   {/each}
   {#if turn.text}
     <Markdown class="mx-1 px-1" text={turn.text} />