Earnings Season Heats Up: Costco and Broadcom Beat, Lululemon’s Mixed Results and CEO Transition, Markets Close Mixed

Key TakeawaysCostco (COST) and Broadcom (AVGO) both reported strong quarterly earnings that surpassed analyst expectations, with Broadcom also providing an optimistic Q1 revenue outlook.Lululemon (LULU) delivered a Q3 earnings beat on revenue and EPS, but its Q4 guidance fell below estimates, overshadowed by the announcement of CEO Calvin McDonald's departure.U.S. equity markets closed mixed, with the Dow Jones Industrial Average surging over 650 points (1.35%), while the Nasdaq Composite saw a slight decli ...