Broadcom, Costco, EVgo, Candel Therapeutics Bi Investing.com

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Broadcom (NASDAQ: ) rose 2.5% after reporting strong fourth-quarter results, along with first-quarter revenue guidance that matched Wall Street’s ambitious estimates. AI revenue grew 220% year over year.

Costco (NASDAQ: ) rose slightly after announcing its first-quarter results. First-quarter net sales rose 7.5% to $60.99 billion from $56.72 billion last year.

RH (NISE:) rose 16% after raising full-year revenue guidance. He sees full-year revenue growth of 6.8% to 7.2%, up from 5% to 7% previously.

EVgo (NASDAQ: ) rose 10% after announcing the closing of its $1.25 billion guaranteed loan from the U.S. Department of Energy’s Office of Loan Programs under its Clean Energy Financing Program 17 to support EVgo’s upcoming efforts to build public charging infrastructure.

Candle Therapeutics ( CADL ) fell 11% after announcing the initiation of an initial public offering of $80 million of its common stock and, in lieu of common stock to certain investors, pre-funded warrants to purchase shares of its common stock.