Welcome to Backlog Alpha. I’m looking for companies where: • Revenue is accelerating • Earnings are inflecting • Backlog or demand visibility is strong • Valuation still leaves upside • A catalyst can change the narrative No blind pumping. Every thesis needs a bull case, a bear case and a price where the risk/reward makes sense. Let’s find the next leg before everyone else does.

BREAKING: 🇺🇸 President Trump has rejected Iran's proposal for a 7 day ceasefire. This is bad news for markets.

If the stock market closed for 10 years tomorrow… Which ONE company would you feel most comfortable owning the entire time? $AAPL — Consumer Tech $MSFT — AI + Cloud $AMZN — AWS + E-commerce $GOOGL — AI + Search $META — AI + Advertising $AMD — Semiconductors $NFLX — Streaming $JPM — Banking $COST — Consumer $LLY — Healthcare No trading. No checking the price. Just buy it today and open your portfolio again in 2036. What’s your pick? 👇 Follow @BacklogAlpha for stocks, growth stories, backlogs and the companies building the future. #Stocks #Investing #StockMarket #GrowthStocks #LongTermInvesting

Everyone is watching Waymo because autonomous driving feels like the future. I’m looking at what investors are already paying for that future. $UBER — ~$142B valuation Waymo — ~$126B private valuation Now look at the scale: $UBER — 13.6 BILLION trips in 2025 Waymo — 15 MILLION rides That’s roughly 900x more reported volume for Uber. And Uber also generated: $9.8 BILLION in free cash flow. Yet Uber’s equity valuation is only about 13% higher. I understand the excitement around owning the technology behind driverless cars. But a $126B valuation already prices in A LOT of what Waymo could eventually become. Meanwhile Uber already has: Massive global scale. Billions of annual trips. Strong cash generation. A huge mobility network. A growing delivery ecosystem. Sometimes the interesting opportunity isn’t the company promising the future. It’s the company already operating at massive scale today. $UBER #Stocks #Investing #StockMarket #Uber #AutonomousDriving #GrowthStocks #TechStocks

Nuclear stocks are becoming a power backlog story. ☢️⚡ The market is focused on AI chips. But AI’s next bottleneck may be much simpler: Electricity. And that’s putting nuclear back at the center of the energy conversation. Here’s the thesis 👇 ⚛️ U.S. Nuclear Renaissance The U.S. is targeting a major expansion in nuclear capacity over the coming decades. 💰 Government Funding Billions are being directed toward rebuilding domestic uranium enrichment and nuclear-fuel supply chains. 🤖 AI Power Demand Data centers are consuming enormous amounts of electricity — and demand is expected to rise dramatically through 2030. ⚡ 24/7 Power AI infrastructure doesn’t just need electricity when the sun shines or the wind blows. It needs reliable power around the clock. 🏗️ SMR Deployment Advanced reactors and SMRs could create another leg of nuclear infrastructure investment. ⏳ Scarcity Value New nuclear capacity takes years to develop. Power demand is growing much faster. That mismatch matters. 🇺🇸 Energy Security Uranium, enrichment and nuclear-fuel production are increasingly being treated as strategic domestic infrastructure. Meanwhile, many nuclear-related stocks have pulled significantly off their highs: $BWXT — ~27x Fwd P/E | ~41% below ATH $LEU — ~$3B market cap | ~66% below ATH $CCJ — ~65x Fwd P/E | ~34% below ATH $UUUU — ~$2.8B market cap | ~59% below ATH $OKLO — ~$7B market cap | ~80% below ATH $SMR — ~$3.6B market cap | ~84% below ATH $CEG — ~21x Fwd P/E | ~35% below ATH $VST — ~13x Fwd P/E | ~36% below ATH The stocks have changed. The nuclear thesis hasn’t. Policy support. Energy security. Government funding. Advanced reactors. AI-driven electricity demand. Growing investment in the grid. Everyone is watching the companies building the AI. I’m watching the companies that could power it. Don’t just follow the GPUs. Follow the gigawatts. Follow the power backlog. ☢️ $BWXT $LEU $CCJ $UUUU $OKLO $SMR $CEG $VST #Nuclear #NuclearEnergy #AI #Energy #Stocks #Investing #DataCenters #Power #Uranium #StockMarket

$SBUX might finally be showing signs that the turnaround is working. Look underneath the headline numbers: • Revenue: $9.3B • Global comparable sales: +7.9% • Global transactions: +4.2% • U.S. comparable sales: +7.9% • U.S. transactions: +4.2% • North America revenue: $7.4B (+7%) • North America operating income: $1.0B (+10%) • Non-GAAP operating margin: 14.4% Here's what matters: Customers are coming back. Starbucks has now delivered FOUR consecutive quarters of comparable-store sales growth. And management raised 2026 guidance. The company now expects: • U.S. comparable sales: slightly above +6% • Global comparable sales: nearly +6% • Non-GAAP EPS: $2.55–$2.65 • 600–650 net new stores Starbucks already has 41,304 locations. If traffic keeps recovering while margins improve, this becomes much more than a coffee story. It becomes a global turnaround story. $SBUX Follow @BacklogAlpha. Follow the numbers. Follow the turnaround. ☕📈 #Stocks #Investing

$NKE could be one of the biggest turnaround stories to watch. The numbers aren't perfect yet. But there are signs of improvement. Latest quarter: • Revenue: $11.0B (-1% YoY) • Wholesale revenue: $6.6B (+4%) • NIKE Direct: $4.1B (-7%) • Gross margin: 49.2% • Net income: $1.1B • EPS: $0.72 Full-year revenue: $46.4 BILLION. Here's what I'm watching: Wholesale is growing again. FY2026 wholesale revenue reached $27.5B — up 6%. But NIKE Direct fell 6% for the year and Nike Brand Digital dropped 12% in Q4. That's the turnaround. Nike doesn't need to become the next hot brand. It needs to make the world's most recognizable sports brand GROW again. If product innovation + wholesale recovery + stronger digital execution come together… $NKE gets very interesting. $NKE Follow @BacklogAlpha. Follow the numbers. Follow the turnaround. 📈 #Stocks #Investing

$DIS isn't just a streaming company. And it isn't just theme parks. It's one giant IP flywheel. Latest quarter: • Revenue: $25.25B (+7% YoY) • Segment operating income: $5.56B (+21%) • Adjusted EPS: $2.06 (+28%) • Experiences revenue: $9.97B (+10%) • Experiences operating income: $3.02B (+20%) • Entertainment operating income: $1.68B (+64%) But here's what caught my attention: Disney's streaming business is becoming a REAL profit engine. Entertainment SVOD operating income: $712M — more than DOUBLE last year. And SVOD revenue grew 11%. Disney creates the story once. Then monetizes it through: Movies. Disney+. Hulu. Theme parks. Cruises. Merchandise. Licensing. That's the flywheel. Great IP doesn't have one revenue stream. It can have 10. $DIS Follow @BacklogAlpha. Follow the numbers. Follow the opportunity. 📈 #Stocks #Investing

If you’re in your 20s, invest. If you’re in your 30s, invest. If you’re in your 40s, invest. If you’re in your 50s, invest. If you’re in your 60s, invest. The strategy changes. The time horizon changes. The risk tolerance changes. But the principle doesn’t. Own productive assets. Let compounding work. Build future cash flow. Give your money a job. The best time to start was years ago. The next best time is now. 📈 Build the portfolio. Build the backlog. Build the future. #Investing #Stocks #StockMarket #Wealth #LongTermInvesting #BacklogAlpha

🇺🇸🇨🇳 THE TRUMP–XI STATE DINNER GUEST LIST LOOKED LIKE A WHO’S WHO OF GLOBAL BUSINESS. Some of the biggest public companies on Earth were represented at the White House 👇 $NVDA — NVIDIA | Jensen Huang $AAPL — Apple | Tim Cook $GOOGL — Alphabet | Sundar Pichai + Sergey Brin $MSFT — Microsoft | Satya Nadella $AMZN — Amazon | Jeff Bezos $META — Meta | Mark Zuckerberg $MU — Micron | Sanjay Mehrotra $TSLA — Tesla | Elon Musk $AMD — AMD | Lisa Su $JPM — JPMorgan Chase | Jamie Dimon $V — Visa | Ryan McInerney $XOM — ExxonMobil | Darren Woods $MA — Mastercard | Michael Miebach $DELL — Dell Technologies | Michael Dell $GE — GE Aerospace | Larry Culp $GS — Goldman Sachs | David Solomon $C — Citigroup | Jane Fraser $QCOM — Qualcomm | Cristiano Amon $BLK — BlackRock | Larry Fink $PFE — Pfizer | Albert Bourla $BA — Boeing | Kelly Ortberg $BX — Blackstone | Stephen Schwarzman $LMT — Lockheed Martin | Jim Taiclet $ICE — Intercontinental Exchange | Jeff Sprecher $GM — General Motors | Mary Barra $ZM — Zoom | Eric Yuan $LVS — Las Vegas Sands | Miriam Adelson $MC.PA — LVMH | Bernard Arnault $PSKY — Paramount Skydance | David Ellison Semiconductors. AI. Cloud. Banking. Payments. Energy. Defense. Aerospace. Media. Basically every major pillar of the global economy in one room. When Washington and Beijing sit down, corporate America is paying VERY close attention. The guest list tells you exactly which industries are strategically important in the U.S.–China relationship. Watch the capital. Watch the policy. Watch the backlogs. 👀📈 #Stocks #Investing #StockMarket #AI #Semiconductors #Technology #BacklogAlpha

Everyone talks about $NVDA, $AMD and the AI winners. But someone has to actually MAKE the chips. That's $TSM . Latest quarter: • Revenue: $40.2B (+33.7% YoY) • Net income: NT$706.6B (+77.4%) • ADR EPS: $4.31 • Gross margin: 67.7% • Operating margin: 60.3% • Net margin: 55.6% And here's the number I'm watching: 77% of wafer revenue came from advanced nodes of 7nm and below. 3nm: 30% 5nm: 33% 2nm: already 3% Now TSMC expects Q3 revenue of: $44.6B–$45.8B. AI companies can design incredible chips. But somebody still has to manufacture them at scale. TSMC sits at the center of that bottleneck. $TSM Follow @BacklogAlpha. Follow the numbers. Follow the opportunity. 📈 #Stocks #AI

🚨 THE AI INFRASTRUCTURE RACE IS LITERALLY LEAVING EARTH. Elon Musk wants AI compute in space. Jeff Bezos believes gigawatt-scale data centers could eventually operate in space. $GOOG is already working on Project Suncatcher — putting AI compute and TPUs into orbit. Everyone is debating who wins the space race… I’m looking at the companies selling the picks and shovels. 👀 Because whether the data center is in: 🌎 Texas 🇪🇺 Europe 🌊 Offshore 🚀 ORBIT …it still needs COMPUTE. Chips. Networking. Accelerators. Interconnects. One name worth watching: $AVGO Broadcom is already deeply involved in custom AI accelerators + networking and is working with Google on future generations of its AI chips. Sometimes you don’t need to predict which billionaire wins. Just own the infrastructure they all need. $AVGO 👀 NFA. #AVGO #GOOG #AIStocks #Semiconductors #DataCenters #Space #Investing #BacklogAlpha

🚨 129 S&P 500 STOCKS ARE NOW WITHIN 10% OF THEIR 52-WEEK LOWS. But being down doesn’t automatically mean being cheap. These are the names that stand out to me 👇 🔥 $APP — Explosive earnings growth + massive cash generation 🔥 $UBER — Profitable growth continues to accelerate 🔥 $INTU — High-quality compounder getting pulled toward its lows 🔥 $VST — One of the strongest AI + power demand plays 🔥 $COST — Elite business finally seeing some valuation compression Also watching: 👀 $AMT — Digital infrastructure + recurring cash flow 👀 $FIS — Free cash flow recovery + deleveraging story 👀 $NKE — High-risk/high-upside turnaround 👀 $ZTS — Quality business after a major reset 👀 $AXP — Premium consumer franchise at a much better entry point The market is creating a very interesting setup: Some stocks are near 52-week lows because the business is deteriorating. Others are near 52-week lows while the underlying business is STILL executing. That’s where the opportunities get interesting. Which one are you buying? 👀 $APP $UBER $INTU $VST $COST $AMT $FIS $NKE $ZTS $AXP #Stocks #Investing #StockMarket #SP500 #BacklogAlpha

$GS just had a monster quarter. And the deal pipeline is getting BIGGER. Latest numbers: • Revenue: $20.34B (+39% YoY) • Net earnings: $6.63B • EPS: $20.98 • ROE: 23.5% • Global Banking & Markets: $15.52B (+53%) • Investment banking fees: $3.40B (+55%) • Equities revenue: $7.42B (+72%) • FICC revenue: $4.59B (+32%) But here's what I'm watching: Goldman's investment-banking fee BACKLOG increased again. More M&A. More IPOs. More underwriting. More capital formation. And the environment is already heating up. Global M&A volume reached $3.28 TRILLION in the first half of 2026 — surpassing the previous 2021 record. Goldman sits directly in the middle of that activity. When deal-making accelerates, the pipeline matters. $GS Follow @BacklogAlpha. Follow the numbers. Follow the backlog. 📈 #Stocks #Investing

$MCD isn't really a burger company. It's one of the largest franchise + real estate + loyalty machines in the world. Latest quarter: • Revenue: $7.10B (+4% YoY) • Systemwide sales: ~$37B (+5%) • Operating income: $3.34B (+3%) • Net income: $2.36B (+5%) • EPS: $3.32 (+6%) • Global comparable sales: +1.3% But here's the number I'm watching: ~220 MILLION active loyalty users. Sales to loyalty members exceeded $40 BILLION over the last 12 months — up more than 20%. That's powerful. More loyalty members. More digital orders. More customer data. More personalized offers. More repeat visits. And roughly 95% of McDonald's restaurants are operated by independent local franchisees. The burgers bring customers in. The franchise + digital ecosystem is what makes the business so interesting. $MCD Follow @BacklogAlpha. Follow the numbers. Follow the opportunity. 📈 #Stocks #Investing

$PEP isn't just Pepsi. It's one of the biggest food + beverage empires on Earth. Latest quarter: • Revenue: $24.18B (+6.4% YoY) • Organic revenue: +2.4% • Operating profit: $4.02B • Core operating profit: $4.07B (+4%) • GAAP EPS: $2.18 • Core EPS: $2.20 (+4%) The portfolio is enormous: Pepsi. Gatorade. Mountain Dew. Lay's. Doritos. Cheetos. Quaker. And PepsiCo products are consumed more than 1 BILLION times every day across 200+ countries and territories. That's the moat. Brands + distribution + scale. Management still expects 2–4% organic revenue growth this year and approximately $8.9B returned to shareholders. Not every compounder needs explosive growth. Sometimes owning the shelf is enough. $PEP Follow @BacklogAlpha. Follow the numbers. Follow the opportunity. 📈 #Stocks #Investing

🚨 THE AI CAPEX BOOM IS GETTING MASSIVE Wall Street estimates that $GOOGL, $AMZN, $META, $MSFT and $ORCL could spend roughly $4.2 TRILLION on capital expenditures through 2029. AI infrastructure spending is entering a completely different league. By 2027, annual CapEx across these hyperscalers is expected to push past $1 TRILLION. Where is that money going? • Data centers • GPUs + AI accelerators • Power infrastructure • Cooling systems • Networking • Cloud capacity • Transmission + grid upgrades And this is exactly why I keep following the backlog. The biggest AI winners may not only be the companies building the models. They may also be the companies building everything those models need to run. Follow the CapEx. Follow the infrastructure. Follow the backlog. $GOOGL $AMZN $META $MSFT $ORCL #Stocks #AI #StockMarket #Investing #DataCenters #Infrastructure #BacklogAlpha

$CRM has $66 BILLION of future contracted revenue sitting in RPO. But that's not even the most interesting number. Latest quarter: • Revenue: $11.3B (+11% YoY) • Subscription revenue: $10.8B (+12%) • Total RPO: $66.3B (+11%) • Current RPO: $33.5B (+14%) • Operating cash flow: $1.3B (+71%) • Free cash flow: $1.1B (+81%) Now look at AI: Agentforce + Data 360 ARR: ~$3.9B (+210%) Agentforce ARR alone: $1.5B+ (+240%) Salesforce already owns one of the largest enterprise software ecosystems in the world. Now it's trying to put AI agents directly inside it. Sales. Service. Marketing. Data. Slack. The AI hype is everywhere. I'm watching where companies are actually generating recurring AI revenue. $CRM Follow @BacklogAlpha. Follow the numbers. Follow the backlog. 📈 #Stocks #AI

🚨 2026 MEGA-CAP SCOREBOARD Stock performance gets the headlines. But follow the actual money 👇 $NVDA — +20.5% Revenue: $303.0B Net Income: $192.9B $AAPL — +24.6% Revenue: $466.8B Net Income: $128.9B $GOOGL — +10.1% Revenue: $445.9B Net Income: $244.1B $MSFT — +6.5% Revenue: $331.8B Net Income: $133.7B $AMZN — +8.0% Revenue: $775.7B Net Income: $135.3B $META — +13.8% Revenue: $228.2B Net Income: $68.1B $TSLA — -17.6% Revenue: $103.6B Net Income: $3.8B Seven of the most watched companies on Wall Street. Nearly $2.65 TRILLION in combined annualized revenue. The stock returns are all over the place. The underlying businesses are still printing enormous amounts of money. Price tells you what the market is doing. Revenue + profit tell you what the business is doing. Follow the fundamentals. $NVDA $AAPL $GOOGL $MSFT $AMZN $META $TSLA #Stocks #StockMarket #Investing #AI #TechStocks #WallStreet #BacklogAlpha

🚨 52-WEEK LOW WATCHLIST Every one of these stocks touched a new 52-week low at some point today. $NKE — Nike $DKNG — DraftKings $TTD — Trade Desk $FLUT — Flutter $CPNG — Coupang $ROL — Rollins $CPB — Campbell’s $PPL — PPL $WY — Weyerhaeuser $PEP — PepsiCo $EXC — Exelon $WIT — Wipro $XEL — Xcel Energy $XPEV — XPeng $TU — TELUS $SO — Southern Company $CNP — CenterPoint Energy $HRL — Hormel Foods $SARO — StandardAero $CMS — CMS Energy $DUK — Duke Energy $STWD — Starwood Property Trust $FE — FirstEnergy $ZTS — Zoetis $RYN — Rayonier $EFX — Equifax $LOW — Lowe’s $CCI — Crown Castle $TAP — Molson Coors $SFM — Sprouts Farmers Market $ES — Eversource Energy $PEG — Public Service Enterprise Group $WEC — WEC Energy Group $OTIS — Otis Worldwide $LI — Li Auto $SNY — Sanofi $RTO — Rentokil Initial $SRE — Sempra $GLPI — Gaming and Leisure Properties $CLX — Clorox $LNT — Alliant Energy A 52-week low doesn’t automatically mean cheap. But this is exactly where I start looking for: • Revenue still growing • Earnings holding up • Strong free cash flow • Manageable debt • Large backlog / contracted revenue • A temporary problem instead of a broken business Price weakness + improving fundamentals = where opportunities can start appearing. The market is throwing a lot of names into the discount aisle. Now the job is figuring out which ones actually deserve to be there. Which ticker on this list are you buying? #Stocks #StockMarket #Investing #GrowthStocks #ValueInvesting #WallStreet #BacklogAlpha