Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.20 | +0.44 | +0.30 | +0.54 | +0.38 | +0.10 | +0.20 | +0.20 | +0.38 | +0.20 | +0.20 | +0.20 |
The tech sector is feeling buoyant this month, underpinned by Facebook’s $1 billion acquisition of Instagram—a move signaling strong confidence in social media innovation and platform scalability. This high-profile deal has reinforced investor appetite for growth-stage tech assets, contributing to a broadly positive sector sentiment. The broader market backdrop supports risk-taking, but the deal itself is the primary driver of the upbeat tone.
How this mood is scored ▾
Facebook has acquired photo-sharing app Instagram for $1 billion in cash and stock, preserving its standalone brand while integrating engineering resources. The move counters a growing competitor with 27 million iOS users and rising Android momentum, securing Facebook's dominance in mobile photo sharing. The acquisition signals strategic flexibility for Facebook, with market implications for social media competition and startup valuation trends.
Facebook's highly anticipated IPO faced a 30-minute delay due to technical glitches on Nasdaq, disrupting order placement and changes. The incident embarrassed Nasdaq, which had prepared extensively, though record trading volume of over 460 million shares suggests limited market impact despite the rocky start.
Apple's stock reached $700, valuing the company at $656 billion, the highest market valuation ever recorded. This surge follows strong demand for the iPhone 5, with over 2 million pre-orders in 24 hours. The overwhelming demand signals robust consumer interest, reinforcing Apple's dominance in the tech sector and influencing investor confidence.