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.
Though Cisco earnings indicate that vendors are enjoying a recovery, market volatility shows that IT investors are still nervous about the future.
Macroeconomic clouds darkened the horizon for IT investors this week, even though financial results suggest technology is on the road to recovery.
Though the bulk of tech vendors have already reported results, there was plenty of earnings news to keep IT investors excited.
The torrent of quarterly earnings reports continued to pour in this week, with results that for the most part are well above a year ago.
Strong quarterly results plus optimistic market-research reports are leading to a growing sense of confidence in the tech sector.
An uptick in sales for bellwether vendors and rosy forecasts for the rest of 2010 have continued to fuel the recovery in technology stocks.
Financial reports and earnings forecasts this week indicate that sales across a range of technology products are recovering from the Great Recession.
Growing confidence has pushed the value of IT company shares up to levels not seen in a year-and-a-half.