Among the other tech stocks making news last week:
Akamai Technologies, Inc. (NASDAQ:AKAM) soared as much as 21% as the leading content delivery network served more online media traffic than expected. Both revenue and earnings easily topped estimates.
Informatica Corporation (NASDAQ:INFA) also saw its shares jump after exceeding Q1 revenue targets, a nice switch for a company that had suffered stalling sales in the wake of the European debt crisis. During the quarter, the company signed 19 deals with more than $1 million.
Fusion-IO, Inc. (NYSE:FIO) also rallied more than 20% after crushing revenue and profit targets. More importantly, CFO Dennis Wolf says customers are once more increasing order sizes.
Finally, mark your calendars: Riverbed Technology, Inc. (NASDAQ:RVBD) reports earnings after the bell tomorrow. Investors are expecting heady revenue growth from the company, which recently named co-founder David Wu chief technology officer.
What else caught your eye in the tech world last week? Do you believe Apple Inc. (NASDAQ:AAPL) stock will rally from here? Let us know what you think in the comments box below.
The article Apple Stock Finally Rallies, but Not Enough to Save My Portfolio originally appeared on Fool.com and is written by Tim Beyers.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Apple, Google, Rackspace Hosting, Riverbed Technology, and Salesforce.com at the time of publication. Check out Tim’s Web home and portfolio holdings, or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends Apple, Google, Informatica, Rackspace Hosting, Riverbed Technology, and salesforce.com and owns shares of Apple, Google, and Riverbed Technology.
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