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Broadcom, RH, Evgo and Tesla rise premarket

investing.com 13/12/2024 - 12:40 PM

US Stock Futures Higher

US stock futures edged higher Friday, looking to end an eventful week on a positive note.

Biggest Premarket US Stock Movers

  • Broadcom (NASDAQ:AVGO) stock rose 18% after the chipmaker forecast higher-than-expected revenue for the current quarter, citing increased chip demand from growing interest in artificial intelligence.
  • RH (NYSE:RH) stock rose 17% after the home furnishings company raised its outlook for the fourth quarter and full year, citing accelerating demand growth.
  • Costco (NASDAQ:COST) stock rose 0.2% after the membership-based warehouse retailer beat quarterly earnings and sales estimates, as e-commerce sales jumped.
  • Salesforce (NYSE:CRM) stock rose 1.7% after KeyBanc upgraded its stance on the cloud software seller to "overweight" from "sector weight", expressing optimism about its emerging Agentforce AI platform.
  • Uber (NYSE:UBER) stock rose 0.9% after Goldman Sachs called the ride-hailing firm a top pick moving into 2025, seeing more than 50% upside.
  • Tesla (NASDAQ:TSLA) stock rose 1.2% after the EV manufacturer launched the "Actually Smart Summon" feature in China, an autonomous driving feature allowing vehicles to drive autonomously from parking lots.
  • Evgo (NASDAQ:EVGO) stock soared 8.7% after finalizing a $1.25 billion loan facility backed by the US Department of Energy to expand its nationwide charging network.



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