Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.40 | +0.40 | +0.40 | +0.48 | +0.56 | +0.57 | +0.40 | +0.40 | +0.40 | +0.40 | +0.30 | +0.30 |
The tech sector is feeling optimistic this month, buoyed by Compaq’s $3 billion acquisition of Tandem Computers, a move signaling confidence in high-availability computing and enterprise expansion. This strategic consolidation reflects growing strength in core infrastructure plays, reinforcing a positive near-term outlook for the sector. The broader market backdrop supports this tone, but the momentum is clearly driven by decisive corporate action within tech itself.
How this mood is scored ▾
Amazon.com launched its IPO on May 14, 1997, offering 3 million shares at $18 each, with underwriting led by Deutsche Morgan Grenfell. The move was slightly overshadowed by a lawsuit from Barnes & Noble alleging false advertising, though market sentiment remained largely positive. As Amazon transitions to a publicly traded company, investor focus centers on its growth potential despite ongoing legal scrutiny.
The U.S. Justice Department accused Microsoft of violating antitrust rules by bundling Internet Explorer with Windows, stifling competition from Netscape and Sun. The move could reshape browser market dynamics and set a precedent for tech industry regulation, despite Microsoft's strong financial performance.