🎉 A big round of applause for citrov, our winner in this week's raffle!
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🗓Note the date: The next drawing will conclude on September 10th. Keep enhancing your setup to boost your chances.
🎉 A big round of applause for citrov, our winner in this week's raffle!
🔑 You've earned an exclusive access key to our premium GoMiners Avatars, ready to elevate your mining game. Enhance your setup with these top-tier avatars for unmatched performance.
💎 Looking to boost your mining efficiency? Here's how you can join the raffle:
1) Haven't got a digital miner yet? Now's the time to get started;
2) Upgrade your digital miner with a minimum of $10 to enhance power and efficiency;
💡 Every $10 you invest in upgrades not only enhances your mining capabilities but also increases your chances of winning. This week's winner, citrov, had a winning probability of only 0.013%, demonstrating that anyone can emerge as a winner.
🗓Note the date: The next drawing will conclude on September 10th. Keep enhancing your setup to boost your chances.
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.
To pay the bills, Mr. Durov is issuing investors $1 billion to $1.5 billion of company debt, with the promise of discounted equity if the company eventually goes public, the people briefed on the plans said. He has also announced plans to start selling ads in public Telegram channels as soon as later this year, as well as offering other premium services for businesses and users.
