Fundamentals are definitely improving. Especially for my paradigm changers: all four of them managed to beat estimates in the last quarter. Not only they beat on profits, but what's more important, on revenue as well.
Google (GOOG), Intuitive Surgical (ISRG), Netflix (NFLX), VmWare (VMW) are all looking great!
So far, three stocks are up after earnings reports, only Google is going down. Looks like it's going down, first of all, because of quarrel with government of China. I don't see it as a big problem. As for rumored talks between Apple and Microsoft to replace Google on iPhone with Bing, these are just rumors. In any case, if Google drops more, I am a buyer.
Full disclosure: at the time of publication author had long positions in GOOG, ISRG, VMW and NFLX. Positions can change any time.