HP and Dell results failed to spark a rally in tech stocks.
Intel plans to acquire security vendor McAfee in a cash deal valued at about $7.68 billion.
Despite increasing profit and sales in the tech sector, investors are still anxious about long-term economic recovery.
Revenue from chip sales and mobile services remains a bright spot, as concerns about the economy continue to dampen share prices for IT vendors.
A court-appointed special master has rejected class-action status in an antitrust lawsuit against Intel.
The Dell SEC case serves as a cautionary tale in an earnings season where good results are expected.
A wave of tech vendor quarterly reports from bellwethers this week have gone a long way to bolster confidence in a continued recovery for the IT sector.
Technology stocks, battered by doubts about the global economy, appear to be recovering a bit this week.
Uncertainty about the global economy has put a damper on tech vendor share prices, which ended the first half Wednesday in negative territory for the year.
The VC market is opening up to social networking and cloud security.
A strong rise in major U.S. indexes this week shows that IT is playing an important part in helping investors stay hopeful for the rest of the year.
Upbeat reports offer yet more evidence that economic recovery has already spurred a worldwide resurgence in spending on hardware.
Confidence in IT stays strong as tech companies lead market gains.
Fueled by strong sales reports from Lenovo and NetApp, tech stocks led a broad market rally Thursday.
Though economic concerns continue to roil the markets, vendors such as Hewlett-Packard and Dell continue to report strong quarterly sales.