The biggest market catalyst NO ONE saw coming Iran “peace deal” hopes just exploded: Oil crashed 5% 10Y yield dropped hard Stocks screaming higher Everyone’s celebrating like it’s signed. But here’s the truth they’re ignoring: This “deal” hasn’t been signed. Rubio says “good signs” Trump says “final stages” Iran calls it “fabricated bullshit” Market is pricing in a fairy tale. Winners if it holds: 1.Airlines (cheap fuel) 2.Consumer stocks (more spending) 3.Tech (lower yields = higher multiples) Biggest risk? One tweet saying “talks collapsed” → oil rips 10% overnight and everything reverses. This is classic hope-driven rally on NOTHING concrete. I’m watching, not chasing. Opportunist, not Maximalist. You buying this “peace rally” or waiting for the next headline bomb? 👇

10 stocks. 1 decade. Millionaire potential. 2036 target: $IONQ — $48 Must buy — Commercial quantum leader, $470M RPO backlog, DARPA Space Dev Agency contracts locked in $ASTS — $86 Must buy — FCC authorized for US commercial service, 45 satellites by year-end, $1.2B committed backlog $TEM — $45 Must buy — AI drug discovery platform, $1.1B milestone payments secured, Nvidia Lilly collaboration $LRCX — $268 Must buy — 2nm lithography enabler, record WFE spend, every AI chip runs through Lam $NU — $12 Must buy — 135M customers, $5B quarterly revenue, AI-driven lending with 29% ROE $QS — $7.1 Must buy — Solid-state battery breakthrough, PowerCo JV scaling, AI data center backup demand surging AI Quantum | Space 5G | AI Pharma | Semi Equipment | Digital Banking | Solid State Battery Which 2 are you loading up on for the next decade? NFA

MUST READ 🚨 Micron’s CEO is on Trump’s China trip. That’s a bigger deal than most people realize. Here’s why $MU could be the most asymmetric bet on the summit ↓ The backstory: 2023: China banned Micron chips from critical infrastructure. Result: MU’s China revenue collapsed from 34% to ~7%. They lost access to the world’s largest memory market — just as the AI boom exploded. 🇨🇳 Now: CEO Sanjay Mehrotra is in Beijing with Trump. Why this matters: Even a partial rollback of the ban would be a HUGE positive. Wall Street currently prices ZERO probability of resolution. So the risk/reward is wildly asymmetric: → If nothing changes: stock holds on AI fundamentals → If ban lifts: massive upside re-rating The numbers: Current price: ~$767 FY26 EPS consensus: $58.11 → P/E of 13x FY27 EPS consensus: $101.78 → P/E of just 7x And that’s WITHOUT China reopening. Analysts are already bullish: 38 of 45 rate Buy. Price targets: $600 (median) to $1,000 (bull case). The $1,000 target assumes full China recovery AI memory supercycle. Two risks: 1. The ban stays. Stock doesn’t crash — but the $1,000 dream fades. 2. “Buy the rumor, sell the news.” If expectations get too high, a “no deal” could trigger profit-taking. But here’s the key: MU’s AI-driven memory demand is real. HBM. Data center. Tight supply. China is an OPTION on top of an already strong base. So the question isn’t “will the ban lift?” It’s: are you willing to pay current prices for the AI story, with China as a free lottery ticket? What’s your move on $MU into the summit? 👇

The 2036 Watchlist (Parts 1-3) is absolutely COOKING today 🔥 Here’s how our long-term infrastructure plays performed: • $MU 8.26% ← strongest of the day, HBM memory demand going parabolic • $CEG 4.43% • $VST 4.02% • $ANET 2.72% • $SMCI 4.47% • $PLTR 2.46% • $GEV 2.33% • $LRCX 1.87% • $PWR 1.58% • $HUBB 1.49% • $TSM 1.45% • $ETN 1.43% • $AMZN 1.05% • $KLAC 1.01% My observation? This is exactly what we’ve been saying — when the AI buildout theme rotates back in, the real enablers (memory, power, networking, servers, equipment) move together. Not random. Not hype. Just the actual infrastructure getting paid. No lottery tickets. These are the names that have to get built. Which one from the lists is up the most in your portfolio today? Or which one are you adding more of on this strength?

Part 2 — Another 10 stocks I’d hold until 2036 (after seeing all the comments on yesterday’s list 🔥) 1. $AVGO – Broadcom (AI networking custom ASICs backbone) 2. $SMCI – Super Micro (AI server hardware king) 3. $MU – Micron (HBM memory powering the entire AI stack) 4. $TSM – TSMC (the foundry that makes the chips everyone needs) 5. $GEV – GE Vernova (power generation & grid modernization) 6. $SMR – NuScale Power (small modular nuclear reactors) 7. $VST – Vistra (clean nuclear power scale play) 8. $ARM – Arm Holdings (chip architecture for AI/edge devices) 9. $ETN – Eaton (already in yesterday’s list but doubling down — power management) 10. $FIX – Comfort Systems (data center construction & HVAC infra) No hype. No lottery tickets. Just the real infrastructure, power, chips, and buildout plays that have to get built over the next decade. My observation? The comments yesterday showed everyone’s laser-focused on the same bottlenecks — power, cooling, memory, and actual manufacturing scale. These names sit right in the middle of it. What would you add or remove from this Part 2 list?

3 Imminent $IREN Catalysts Not many companies have as much going for them right now as $IREN does. While management has been relatively quiet since the last earnings call, I believe we're standing right before a wave of major, thesis defining announcements. 1) Australia Expansion Given that Australia is where $IREN was incorporated, one might expect the company to already be operational there. Yet as of today, Australia remains merely the home of its HQ. That will likely change very soon... Just a couple of months ago, $IREN announced a sponsorship of the Sydney Swans, a prominent AFL team. As an isolated event, I wouldn't have thought much of it. The company's CEO is an Australian Football coach himself, so it could have simply been management paying homage to the company's roots. However, this sponsorship was accompanied by a sweeping marketing campaign across Australia. $IREN has seemingly gone all out on visual ad spend, plastering full trams with the company's logo and tagline across multiple Australian states, while also putting up new billboards outside Sydney's airport and other notables places. Knowing how cost disciplined management is, I seriously doubt they're burning all this money on nothing. I strongly believe the company is close to unveiling a major expansion into Australia. Currently, there are rumors that $IREN has at least two new data center sites lined up: one in South Australia, and one in New South Wales. With how aggressive the regional ad spend has been, I'd expect any new site announcement to be accompanied by large-scale customer contracts. If I had to speculate on who $IREN's first major customer in Australia might be, I'd wager on Anthropic, who recently announced plans to open an office in Sydney. 2) Sweetwater 1 Energization Deal $IREN is likely just days or weeks away from energizing its largest site to date; the massive 1.4 GW Sweetwater 1 campus. With data center projects across the industry missing delivery timelines, largely due to an inability to secure reliable power, Sweetwater 1 stands out as a true unicorn. Having this much grid connected power concentrated at a single site is virtually unheard of, and positions Sweetwater as one of the most valuable assets in the sector. Successful energization will undoubtedly elevate $IREN's standing among operators industry wide, putting its execution capabilities on full display while competitors face severe delays and outright project cancellations. Management is also aggressively hiring for the Sweetwater campus, including night shift positions, a strong signal that the company is gearing up to develop new data centers at rapid speed around the clock, 24/7. This tells me we're likely nearing the signing of a new large-scale anchor client deal, possibly with another hyperscaler or frontier AI lab. My expectation is that the first tranche of the Sweetwater build-out will be designed entirely for liquid-cooled Rubins, with commissioning likely sometime in H1 2027. 3) Childress Expansion While Sweetwater is currently getting all the attention, we shouldn't overlook $IREN's first Texas campus; the 750 MW large Childress site. So far, $IREN has contracted 40% of the site's total capacity to Microsoft, 300 MW gross across 4 tranches (Horizon 1 to 4). That leaves 450 MW still up for grabs. With management clearly signaling its intention to fully convert the remainder of Childress into an air-cooled AI cloud campus, the runway potential remains enormous. Over the coming weeks, I'm expecting one of two things: either $IREN announces a new multi-hundred MW cloud contract for Childress, or management lays out a concrete plan to convert the remaining 450 MW into a large-scale cloud hub for multiple enterprise clients. Either way, the conversion of Childress's remaining capacity is likely to begin very soon. As with Sweetwater, the company is also actively hiring night shift HSE advisors for Childress construction, once again signaling an intent to scale development rapidly (night shift = 24/7 construction). On a side note, I'm also expecting the successful delivery of Horizon 1 this quarter to act as a meaningful catalyst for the company's competitive standing in the market. General Thoughts While I've covered each of these topics in depth in previous Substack reports, I believe the time has now come for this wave of catalysts to materialize. It's also worth pointing out that most Wall Street analysts fail to see around the corner when it comes to $IREN's cloud expansion. For the most part, they simply react to what's directly in front of them. That means $IREN is one of the rare stocks where retail investors can front run institutional capital, getting positioned before the catalysts materialize and before Wall Street prices them in accordingly. The irony is that over the past few weeks, retail has been doing the exact opposite: panic selling right before what I expect to be a major re-rate of the stock. Earlier this month I also heard many investors claim that $IREN couldn't move up before new large-scale deals or other catalysts materialized… That's a very dangerous way to think. Markets are inherently illogical. Trying to rationalize them is a mistake not only retail investors, but institutional ones too tend to make. Last year, $IREN's share price increased by over 1,000% from its April lows, purely on the expectation of a deal being close. If you'd waited for the actual announcement, you would have entered around $70… In any case, with these 3 major catalysts in front of us, I'm very much looking forward to the weeks ahead and especially to the Q1 earnings call. NFA, but I wouldn't be surprised if the stock cracks $100 in May. Images S/O: @FransBakker9812, @tempocap2

Travengers Q1 Picnic and Recognition! It was great getting to see everyone and Celebrate some amazing performance! @JayremF @hevalenti @tommieoneeye @AbdullahKarain @DionePerkins3 @SNeveils @JR441E @LeonDuarte19 @One_FLA @LuisSilvaOneFLA

The Travengers had an awesome manager meeting today! Even had a guest appearance from our DOS @LeonDuarte19! Also shoutout to @ToniBraxton222 for the Telephone game idea! @hevalenti @tommieoneeye @SNeveils @DionePerkins3 @AbdullahKarain @JR441E @JayremF @LuisSilvaOneFLA @One_FLA

Shout out to @JayremF and Team Ocoee for leading the way in Q4 for the TrailBlazers!!! #LetsGOcoee!