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Broadcom, RH, Evgo and Tesla rise premarket

Published 12/13/2024, 08:42 PM
© Reuters
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Investing.com -- US stock futures edged higher Friday, looking to end an eventful week on a positive note.

Here are some of the biggest premarket US stock movers today:

  • 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 which allows vehicles to autonomously drive from parking lots to a nearby location within the driver's vision.

  • Evgo (NASDAQ:EVGO) stock soared 8.7% after the EV fast charging network finalized a $1.25 billion loan facility backed by the US Department of Energy to expand its nationwide charging network.

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