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Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices.

Zynga posted first quarter 2013 earnings that beat analysts expectations, but shares are trading down after-hours on future outlook.

Yahoo said its profit rose 36% as the struggling Internet pioneer showed signs of continuing its slow but steady rebound under Mayer. But its shares fell after-hours on signs of decay in sales of display ads.

LinkedIn reported fourth quarter 2012 earnings that beat Street expectations, sending shares soaring in late trading.

Zynga reports a sharp drop in its losses in the last three months of 2012, as revenues at the designer of games including Farmville stabilised.

The China-based search engine Baidu this afternoon reported Q4 results that were a smidgen ahead of the Street consensus estimates.

Facebook has faced a few controversies in the past few months, including controversies over privacy policies on its own site and on its photo-sharing site, Instagram. Still, the company has bolstered investor confidence with a series of moves that seem to lay the groundwork for Facebook to make more advertising dollars, particularly in the all-important mobile space.

Amazon.com Inc shares hit a record on Tuesday after it reported better-than-expected quarterly profit, fueled by the growth of higher-margin businesses during the fiercely competitive holiday quarter.

Netflix stock is on its way to its biggest one-day gain since the video subscription service went public more than a decade ago. The stock had climbed $38.40, or 37 percent, to $141.66 in early afternoon trading Thursday as investors celebrated a fourth-quarter earnings report that Netflix Inc. released late Wednesday. Earlier in the session, the shares hit a new 52-week high of $149.17.

EBay Inc reported holiday quarter results that just beat Wall Street expectations, but the e-commerce company also gave a cautious forecast for 2013. EBay shares climbed 1.7 percent to $53.80 in after-hours trading following the announcement. Expectations were high ahead of the results because sales data from outside sources suggested strong sales growth from eBay's online marketplace and a solid increase in transactions processed by the company's PayPal payments business.