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Macro

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tech · sector mood
2004
year mood +0.20 · +0.09 to +0.30 across 12 mo
Monthly mood
bearish −1 +1 bullish
-0.5 -0.25 0 +0.25 +0.5 Jan +0.30 Feb +0.09 Mar Apr May Jun Jul Aug Sep Oct Nov Dec
month values ▾
JanFebMarAprMayJunJulAugSepOctNovDec
+0.30+0.09+0.20+0.20+0.20+0.20+0.20+0.16+0.30+0.20+0.20+0.20

A solid growth year under still-cheap capital; Google's August Dutch-auction IPO rekindled tech optimism (and Facebook was quietly founded in February).

How this mood is scored ▾
Each day the model reads that day's news for the sector and asks, as someone who owns assets or makes their living in it: how am I feeling this month, and why? The month's mood is that running answer, tied to the specific events driving it (the story shown above). It leans on trusted, higher-impact reporting, and on the prior month when a month is quiet, so one loud headline can't swing it. The read updates daily through the month; once a month ends, its mood is locked. This year is read live from the news the pipeline actually collected (hover a bar for its story count). · last computed Jul 06, 2026
Top tech stories of 2004
Feb
Facebook launches from a Harvard dorm room thecrimson.com →

Mark Zuckerberg and co-founders launched Thefacebook, a social networking site initially limited to Harvard students, from their dormitory. The site expanded rapidly to other universities within months, part of a wave of social media startups following the internet sector's recovery. It would grow into one of the largest technology companies in the world.

Aug
Google surges 18% in unconventional IPO debut nbcnews.com →

Google's shares rose 18% on their Nasdaq debut at $100.34, following a Dutch auction IPO priced at $85, raising $1.67 billion. Founders Brin and Page became paper billionaires, and the company achieved a $23.1 billion valuation, signaling strong market confidence despite regulatory scrutiny and Wall Street skepticism. The unconventional offering bypassed traditional underwriting, attracting retail and institutional investors post-launch.