Pro Weekly: Soaring Optimism About Tech Companies
What a difference a month makes. Respondents to our September survey were markedly more optimistic than in August about 13 of the 14 big tech companies we regularly ask them about. The exception was Coinbase, where reader sentiment was essentially unchanged.
The results mirrored a surge in optimism among readers compared with last month about the broader technology sector, as tech stocks recovered from a sharp drop in August. Readers who said conditions for tech companies will improve over the coming six months outnumbered respondents who said conditions will worsen by a ratio of more than 5 to 1.