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Two days after Russia invaded Ukraine, an account on the Telegram messaging platform posing as President Volodymyr Zelenskiy urged his armed forces to surrender. Messages are not fully encrypted by default. That means the company could, in theory, access the content of the messages, or be forced to hand over the data at the request of a government. In February 2014, the Ukrainian people ousted pro-Russian president Viktor Yanukovych, prompting Russia to invade and annex the Crimean peninsula. By the start of April, Pavel Durov had given his notice, with TechCrunch saying at the time that the CEO had resisted pressure to suppress pages criticizing the Russian government. The picture was mixed overseas. Hong Kong’s Hang Seng Index fell 1.6%, under pressure from U.S. regulatory scrutiny on New York-listed Chinese companies. Stocks were more buoyant in Europe, where Frankfurt’s DAX surged 1.4%. That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future.
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oXx𝖳𝗁𝖾 𝗐𝗈𝗋𝗅𝖽 𝗂𝗌 #G𝗈𝗇𝗇𝖺 𝗃𝗎𝖽𝗀𝖾 𝗒𝗈𝗎 𝗇𝗈 #M𝖺𝗍𝗍𝖾𝗋 𝗐𝗁𝖺𝗍 𝗒𝗈𝗎 𝖽𝗈 , 𝗌𝗈 𝗅𝗈𝗏𝖾 𝗒𝗈𝗎𝗋 𝗅𝗂𝖿𝖾 𝗍𝗁𝖾 𝗐𝖺𝗒 𝗒𝗈𝗎 𝗐𝖺𝗇𝗍 𝗍𝗈 .
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