Pro Weekly: A Less Optimistic Outlook for Big Tech
The Information’s readers have cooled on their outlook for the technology sector. In our April survey, 33% of readers said they expect conditions to improve and 17% said they expect conditions to worsen. That’s markedly less optimistic than earlier in the year. In February, those expecting conditions to improve outnumbered those expecting them to worsen by 62% to 11%.
Sentiment about 14 big tech companies generally followed the same pattern. Pessimism increased for eight of the companies, some by large amounts. (See The Information’s Tech Sentiment Tracker for historical details.)