PCs and servers slump but software, components for mobile devices and good economic news generate optimism
With a lull in major tech earnings news this week, Intel's investor day and Salesforce.com's Dreamforce developer and partner conference gave market watchers plenty to mull over.
Smartphones, as usual, were the stars of the tech arena while Cisco disappointed Wall Street.
With its new-found focus on IP networking and fast broadband access, Alcatel-Lucent is poised to take advantage of a worldwide explosion in mobile devices and the rush of service providers and operators to the cloud, company executives said at the networking vendor's tech symposium this week.
Even a banner week like this week does not necessarily indicate a bubble.
Good news: there has been enough positive news in tech earnings to help fuel share prices for the sector.
Microsoft shares hit a six-year high, as strong earnings news from Internet and IT vendors are boosting tech stocks.
With PC sales flagging, the underlying confidence in tech is mostly due to growth in the the software arena and tablets.
The tech sector appears to be going about business as usual in the face of the U.S. federal government shutdown, but some industry insiders are nervous about a long-term stoppage or, even worse, the possibility of a debt default if a political compromise on the budget is not reached.
Here's a look back at a strong week for tech initial public offerings and mergers and acquisitions.
Oracle and Tibco report quarterly financial results that were mixed, but more solid than last quarter.
Even before Twitter's initial public offering announcement grabbed the spotlight Thursday, the market for tech IPOs had been heating up thanks to a general rise in stocks.
Microsoft's deal with Nokia and the Verizon-Vodafone buyout dominate the tech industry's financial news this week.
Heading into the heart of hurricane season 10 months after Sandy slammed the New York metropolitan area, Wall Street has had time to reassess and revamp backup plans.
Though earnings from some tech vendors brightened up a week of tepid market reports, shares of IT companies broadly declined Friday along with the rest of the market.
Articles by Marc FerrantiNext Page