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NEW YORK (
Facebook(FB - Get Report) shares gained 0.31% to reach $38.53 before market open after the social networking giant unveiled its plan to connect the entire world to the Internet.
blog posting on Tuesday, Facebook CEO Mark Zuckerberg outlined his proposal to connect another 5 billion people to the Internet.
The Menlo Park, Calif.-based firm was also one of the most active pre-market Nasdaq stocks on share volume of 247,340.
Apple(AAPL - Get Report) shares rose 0.51% to $503.64 as
rumors continue to swirl around a possible iPhone launch next month.
UBS analyst Steven Milunovich raised his price target to $560, after raising his earnings estimates on the potential for an iPhone 5C and a deal with
The iPhone maker was another active pre-market Nasdaq stock on share volume of 62,038.
Tesla(TSLA - Get Report), which
received the U.S. Government's highest safety award this week, gained 0.37% to reach $150.13.
BlackBerry(BBRY - Get Report) crept up 0.09% to $10.55.
HP(HPQ - Get Report), which reports its fiscal third-quarter results after market close, were up 0.04% to $25.85.
Analysts surveyed by
Thomson Reuters are looking for revenue of $27.29 billion and earnings of 86 cents a share.
The PC maker, which is in the throes of a
massive restructuring effort, closed down 0.15% at $25.84 during Tuesday trading.
--Written by James Rogers in New York.
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