Tech Five: Tesla shares up amid array of expansion plans

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Tesla Motors announced plans to ramp up the amount of charging stations in Manhattan, while the company also announced plans Thursday to raise $500 million through the sale of additional shares of common stock. Company shares were up nearly 2% in pre-market trading.

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

Tesla (TSLA): Tesla shares reacted positively to Thursday's news, finishing the trading day up nearly 2%. The electric automaker had a rough ride last week after it reported second-quarter loss that nearly tripled compared to the same quarter last year. The company attributed this loss to expansion costs. Company shares were up more than 1% Friday morning.

Cisco (CSCO): As company shares move slightly in morning trading, Cisco is clearly still basking in Wednesday's bright earnings report, The tech company reported earnings earlier this week that beat Wall Street estimates, as well as reported revenue for the fiscal fourth quarter that rose 4% to $12.8 billion.

Google (GOOG): Initial investor excitement over the advent Alphabet seems to have come to a bit of a slow down. Company shares spiked Monday after Google announced it created Alphabet, a new parent company, but shares toggled between red and green for the rest of the week. Company shares were slightly down in pre-market trading.

Alibaba (BABA): Shares of Alibaba have rebounded since taking a big hit on Wednesday's earnings report. Alibaba reported earnings that missed Wall Street expectations, as well as indicated the slowest revenue growth that it has experienced since it went public last September. Shares Yahoo, which owns a stake in the Chinese e-commerce giant, also toppled due to Alibaba's grim earnings — but have also since rebounded. Shares of Alibaba were flat in morning trading.

Apple (AAPL): It was a tough week for the tech giant. As China's economy took a hit earlier this week, Apple really felt the pain. Apple's stock slid more than 5% after China (the company's biggest revenue source after America) devalued its currency. Shares of Apple's have been volatile since they fell into correction territory last week, and were down slightly pre-market trading.

Follow Paste BN reporter Trisha Thadani on Twitter: @TrishaThadani