Tech Five: AMD revenue slips in third quarter

Quarterly losses continue to plague chip maker Advanced Micro Devices. The Silicon Valley company also reported a dip in revenue during its third quarter.

Let's check out tech stocks to watch Friday:

AMD. Shares of the chip maker are up slightly in pre-market trading after reporting dips in third quarter revenue and earnings. The company generated $1.06 billion in revenue, edging past analyst estimates but down 26% compared to last year. AMD also reported a non-GAAP loss of 17 cents a share.

Alibaba. The e-commerce giant announced it will scoop up all remaining shares in Chinese entertainment service Youku Tudou. Youku founder Victor Koo will stay on as chairman and CEO.

First Data. Shares rose slightly in Friday morning, one day after making its Wall Street debut. The payment processing company's stock closed Thursday down 1.5%. First Data trades on the New York Stock Exchange under the ticker symbol "FDC."

Netflix. Shares of the streaming giant continue to slide after the company reported weak U.S. subscriber growth during the third quarter. Netflix says it added 880,000 subscribers in the U.S., down from their forecast of 1.15 million. Netflix CEO Reed Hastings cites the switch to chip-based debit and credit cards, as many users forgot to update their accounts.

Apple. The tech giant's suite of office software now supports all the new features of iOS 9 and the iPhone 6S, reports 9to5Mac. It includes support for 3D Touch and multitasking on the iPad.

Follow Brett Molina on Twitter: @brettmolina23.