Facebook, Apple, HP: Tech Premarket

NEW YORK ( TheStreet) -- Facebook ( FB) 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.

In a 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) 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 China Mobile ( CHL).

The iPhone maker was another active pre-market Nasdaq stock on share volume of 62,038.

Tesla ( TSLA), which received the U.S. Government's highest safety award this week, gained 0.37% to reach $150.13.

BlackBerry ( BBRY) crept up 0.09% to $10.55.

Shares of HP ( HPQ), 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.

>To submit a news tip, send an email to: tips@thestreet.com.

More from Technology

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

Trump Puts Tech in Trade War Crosshairs With Planned Curb on China Investment

Trump Puts Tech in Trade War Crosshairs With Planned Curb on China Investment

These 5 Tech Giants Still Aren't That Expensive

These 5 Tech Giants Still Aren't That Expensive

Intel CEO Brian Krzanich's Ouster Proves CEOs Aren't Above the Rules

Intel CEO Brian Krzanich's Ouster Proves CEOs Aren't Above the Rules

Amazon, Microsoft and Google Face Backlash over ICE, Military Deals

Amazon, Microsoft and Google Face Backlash over ICE, Military Deals