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.