Tech Five: Comcast rises as NBC invests in Vox Media

NBCUniversal announced plans to make a $200 million investment in Vox Media— the owner of several websites that are quite popular among the young folk. Shares of Comcast, which owns NBCUniversal, were slightly up Thursday morning.

Let's take a look at the tech stocks to watch Thursday:

Comcast (CMCSA): Vox Media is made up of eight websites focused on topics ranging from food to technology, and these sites have gained significant traction among the younger generation. Comcast already owned roughly 14% of Vox Media through its venture capital arm and various other units, and it plans to increase its holdings while remaining a minority investor, according toThe Wall Street Journal.

Cisco (CSCO): Chuck Robbins had some good news to deliver during his first earnings report as CEO. Shares of Cisco climbed up nearly 4% in after hours trading Wednesday after the technology company reported earnings that beat Wall Street's expectations. Revenue for the fiscal fourth quarter rose 4% to $12.8 billion, and the company reported a bright outlook for the current quarter. Company shares were up more than 4% during morning trading.

Alibaba (BABA): Shares of Alibaba are back in green after experiencing quite the bruising on Wednesday's earnings report. The e-commerce giant reported first-quarter revenue that fell short of Wall Street estimates, as well as the slowest year-over-year revenue growth since the company became public last September. Shares fell 5% to $73.38, hitting an intraday low of $71.03 after the earnings report. Shares of Alibaba, which is in the midst of a international expansion, were up more than 1% during morning trading.

Yahoo (YHOO): Shares of Yahoo (which owns a stake in Alibaba) were pulled down nearly 6% Wednesday by Alibaba's grim earnings report. On Thursday morning, as Alibaba climbed back up to green — so did Yahoo. Company shares were up more than 1% during morning trading.

AT&T (T): AT&T has high hopes for the future. Company CEO Randall Stephenson said Wednesday that the company's recent acquisition of DirecTV, which was completed last month, will bring the company double-digit consolidated revenue growth this year, as well as increased growth over the next three years. Company shares were slightly up Thursday morning.

Follow Paste BN reporter Trisha Thadani on Twitter: @TrishaThadani