Tech Five: AOL rises off quarterly results

Another active tech earnings bonanza has finally closed with Friday's AOL report. Let's take a look at the tech stocks to watch as we wrap up the week.

AOL. Shares of the media giant surged more than 5% in pre-market trading after topping Wall Street estimates with its first quarter earnings. The company reported revenue of $625 million, well above forecasts of $595 million. Meanwhile, AOL earnings reached 34 cents. Forecasts predicted first-quarter earnings of 32 cents.

Nokia. The telecommuncation firm's mapping service is quite popular. The New York Times reports Uber submitted a bid for Nokia's Here service for as much as $3 billion. An earlier report from The Wall Street Journal claims three German auto makers are making a bid for the mapping unit.

Alibaba. Fresh off the introducing of a new CEO, the e-commerce giant's stock price climbed 1.2% in pre-market trading Friday. Daniel Zhang, who had previously served as Alibaba's chief operating officer, will take over the top executive role.

Yelp. Activity for the online recommendations service quieted down Friday following a report the day before that the company was exploring a sale. Shares of Yelp closed up 23% Thursday.

Microsoft. Will Windows 10 be the last version of the operating system? Sort of. According to The Verge, Microsoft says they will treat Windows more as a service with incremental updates instead of the standard numeric version launching every couple years.

Follow Brett Molina on Twitter: @brettmolina23.