The chip industry is expected to lead the tech sector to a comparatively strong Q2 performance as PCs rebound and mobile gadget sales remain strong. Tech’s Q2 will start coming into focus on Tuesday, when Intel (INTC) and Yahoo (YHOO) get the earnings season into full gear by posting their results after the market close. The tech sector is expected to show the strongest growth in earnings per share among the 10 industry sectors in the S&P 500,
The IPO market is on a trajectory not seen since the heady days of the dot-com bubble — which then proceeded to bomb. There likely will be more initial public offerings this year than any year since 2000, but there’s a big difference between then and now, analysts say. The IPO class of 2014 has had valuations nowhere near the extreme levels of the bubble. As an example of the dot-com exuberance, an IPO record was set in December 1999 when VA Linux
You can say this about Uber Technologies, the ride-hiring service: Amid all the protests by taxi drivers, hand-wringing by politicians and fretting over an industry threatened by technological disruption, it has hooked devoted customers. Eric Siegel, a network-security sales executive in Silicon Valley who travels a lot, has replaced taxis with Uber as his ground transportation of choice. Sometimes, he even uses Uber rather than renting a car. “I