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.
Tech stocks had an upbeat week as industry watchers appear to be looking at the positive side of earnings from Internet, consumer electronics and networking companies.
Tech earnings this week highlighted the importance of mobile communications to IT, as companies including Apple, Samsung, Facebook, AT&T and Texas Instruments reported mixed results for the quarter ending in June.
Though software sales provided a ray of light in otherwise mixed results this week, gloom settled over the tech sector Friday in the wake of bellwether IT quarterly earnings reports.
A rebound for IBM failed to materialize in the second quarter, as profit and sales declined along with a slump in revenue from hardware and services.