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⏳ All the best CSP25 [ 25-05-25] ⏳89 days left CSM25 [ 22-08-25]
⏳364 days left CSP26 [ 24-05-26] ⏳453 days left CSM26 [ 21-08-26]
⏳15 days left ESE Prelims ⏳23 days left RAS mains 17 june ⏳35 days left UPPSC mains 29 June ⏳63 days UPPSC RO ARO 27 July ⏳140 days left UPPSC prelims 12 Oct
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BY CSE EXAM ( UPSC prelims mains) CAPF
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Mr. Durov launched Telegram in late 2013 with his brother, Nikolai, just months before he was pushed out of VK, the Russian social-media platform he founded. Mr. Durov pitched his new app—funded with the proceeds from the VK sale—less as a business than as a way for people to send messages while avoiding government surveillance and censorship.
Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year.
A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
