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Tech Five: Baidu shares rise off earnings


Shares of Chinese search giant Baidu are trading higher Friday, while daily deals service Groupon reached a key milestone.

Let's look at tech stocks to watch:

Baidu. During the fourth quarter, Baidu raked in $2.887 billion in revenue, surging 33% year-over-year beating Wall Street forecasts. Shares jumped nearly 10% in morning trading. Meanwhile, monthly active users of its mobile search rose 21%.

Alibaba. Shares of the e-commerce giant were up off a Wall Street Journal report the company was in talks with banks on a loan for up to $4 billion to use toward an expansion, which could include acquisitions.

Groupon. The daily deals site announced Friday it sold its one billionth Groupon, credited to a pizzeria in St. Louis. To celebrate the milestone, Groupon is hosting a large sale on its website.

Apple. The tech giant is reportedly planning to launch a smaller iPad Pro model during an event next month. The device will boast a similar screen size to the iPad Air. During the same event, Apple is also expected to reveal a smaller iPhone.

Facebook. Android smartphone users will be able to host live videos through the social network. Facebook Live, which is already available on iOS, will roll out to Android next week.

Follow Brett Molina on Twitter: @brettmolina23.