Update event-loop-timers-and-nexttick.md

[slavamuravey]

I investigated libuv uv_run function and libuv Design overview section and I propose to correct Node.js documentation related with event loop phases order.
It is a common misconception to think that the timer phase is the first one. Actually, it is the last one within event loop iteration.

[vercel]

The latest updates on your projects. Learn more about Vercel for GitHub.

Project	Deployment	Actions	Updated (UTC)
nodejs-org	Ready	Preview	Mar 24, 2026 7:48am

[github-actions]

👋 Codeowner Review Request

The following codeowners have been identified for the changed files:

Team reviewers: @nodejs/nodejs-website

Please review the changes when you have a chance. Thank you! 🙏

[avivkeller]

cc @nodejs/timers

[avivkeller]

Bump @nodejs/timers

[avivkeller]

@slavamuravey please rebase

[slavamuravey]

@avivkeller Rebased

[codecov]

Codecov Report

✅ All modified and coverable lines are covered by tests.
✅ Project coverage is 75.28%. Comparing base (7ec1349) to head (2eff870).
⚠️ Report is 3 commits behind head on main.
✅ All tests successful. No failed tests found.

Additional details and impacted files

@@            Coverage Diff             @@
##             main    #8611      +/-   ##
==========================================
+ Coverage   75.27%   75.28%   +0.01%     
==========================================
  Files         105      105              
  Lines        9242     9242              
  Branches      326      326              
==========================================
+ Hits         6957     6958       +1     
+ Misses       2283     2282       -1     
  Partials        2        2              

☔ View full report in Codecov by Sentry.
📢 Have feedback on the report? Share it here.

[araujogui]

@slavamuravey Quality check failed. Could you format the files with pnpm prettier:fix?

[slavamuravey]

@araujogui pnpm prettier:fix done

[araujogui]

@nodejs/collaborators @nodejs/timers can you also take a look here?