Tech Stocks This Week: IBM and PayPal Jump, and Alphabet Invests in Lyft
With earnings season in full swing, two tech companies' earnings reports stood out this week: IBM (NYSE: IBM) and PayPal (NASDAQ: PYPL). But the most interesting stories in tech from the week weren't all earnings related. Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) investment in Lyft also turned heads.
Here's a look at these three stories, and why investors should care.
IBM's z14 security mainframe helped drive higher-than-expected revenue. Image source: IBM.
Source: Fool.com
International Business Machines Corp Stock
€176.70
-0.340%
We see a rather positive sentiment for International Business Machines Corp with 16 Buy predictions and 1 Sell predictions.
With a target price of 183 € there is a slightly positive potential of 3.57% for International Business Machines Corp compared to the current price of 176.7 €.
