We've already received 131 applications for KaiCode'25, our open-source festival. This year, the total prize pool is $4,096. You still have a few days to submit your project — the deadline has been extended to June 9. To win, your project must demonstrate development discipline. We don’t care about popularity or purpose — only how well the project is maintained. Submit your GitHub repository by filling out this form — participation is free.
P.S. Want to join the jury or become a sponsor? Just text me. (image by Sora)
We've already received 131 applications for KaiCode'25, our open-source festival. This year, the total prize pool is $4,096. You still have a few days to submit your project — the deadline has been extended to June 9. To win, your project must demonstrate development discipline. We don’t care about popularity or purpose — only how well the project is maintained. Submit your GitHub repository by filling out this form — participation is free.
P.S. Want to join the jury or become a sponsor? Just text me. (image by Sora)
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.
