Tech Five: Amazon's smartphone, T-Mobile's new plans

Did Amazon's new smartphone catch "Fire" with Wall Street? Let's take a look at the technology stocks to watch Thursday:

Amazon^[1]. Shares of the online retailing giant are quiet following the company's unveiling of the Amazon Fire smartphone^[2]. Amazon stock did earn a bump of 2.69% to close markets Wednesday. The Fire introduces interesting features such as Firefly, which can identify millions of items such as songs and phone numbers, as well as Dynamic Perspective that adds a 3-D effect. The phone ships next month.

T-Mobile^[3]. The wireless carrier will soon let customers take home an iPhone 5s for free^[4]. It's part of a trial service called Test Drive, where a user can try out T-Mobile's network for seven days. If they like, they keep the phone. If not, they bring the phone back. Also, the carrier announced its customers will be able to stream music from services including Pandora, iHeartRadio and Spotify for free.

Facebook^[5]. A global outage^[6] shut down the social network for a brief period early Thursday morning. Users in countries such as the U.S., United Kingdom and Israel were receiving error messages for about a half hour before Facebook was restored.

BlackBerry^[7]. Shares surged more than 10%^[8] after the company reported first-quarter earnings that topped forecasts. The company reported first quarter revenue of $966 million and net income of $23 million.

Sony^[9]. The electronics giant's CEO Kazuo Hirai apologized to investors during the company's annual meeting in Tokyo after forecasting a sixth loss in seven years, Bloomberg reports^[10]. Under Hirai, Sony has lost $831 million.

Follow Brett Molina on Twitter: @brettmolina23^[11].

Read or Share this story: http://usat.ly/1iogKgK