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Cadence


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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Autodesk Inc ADSK.OQ +5.0% Trade Desk Inc TTD.OQ +4.7% Intuit Inc INTU.OQ +4.1% Tesla Inc TSLA.OQ +4.1% Cadence Design Systems Inc CDNS.OQ +3.4% Bottom Performers Percent Change Exelon Corp EXC.OQ -3.8% Illumina Inc ILMN.OQ -3.3% T-Mobile US Inc TMUS.OQ -3.1% Warner Bros Discovery Inc WBD.OQ -3.0% Lululemon Athletica Inc LULU.OQ -3.0% The Nasdaq 100 .NDX gained 215.29 points, or 1
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Cadence Design Systems Files For Offering Of Up To 1.74 Mln Shares By Selling Stockholders

BRIEF-Cadence Design Systems Files For Offering Of Up To 1.74 Mln Shares By Selling Stockholders June 6 (Reuters) - Cadence Design Systems Inc CDNS.O : CADENCE DESIGN SYSTEMS INC FILES FOR OFFERING OF UP TO 1.74 MILLION SHARES BY THE SELLING STOCKHOLDERS - SEC FILING Source text for Eikon: [ID:n0000813672-24-000138] Further company coverage: CDNS.O
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Cadence Design Systems Files For Shelf Of Up To 1.7 Mln Shares Of Common Stock By Selling Stockholders

BRIEF-Cadence Design Systems Files For Shelf Of Up To 1.7 Mln Shares Of Common Stock By Selling Stockholders June 5 (Reuters) - Cadence Design Systems Inc CDNS.O : CADENCE DESIGN SYSTEMS INC FILES FOR SHELF OF UP TO 1.7 MILLION SHARES OF COMMON STOCK BY SELLING STOCKHOLDERS - SEC FILING Source text for Eikon: [ID:n0000813672-24-000131] Further comp
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U.S. Elevance Health, Wesco International, WW Grainger

U.S. RESEARCH ROUNDUP-Elevance Health, Wesco International, WW Grainger May 30 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.listed companies including Elevance Health, Wesco International and WW Grainger, on Thursday. HIGHLIGHTS * Cigna Group CI.N : JP Morgan raises target price to $435 from $432 * Elevance Health Inc ELV.N : JP Morgan raises target price to $631 from $628 * Uipath Inc PATH.N : TD Cowen cuts to hold from buy * Wesco Internati
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Micron-backed Silvaco rises in debut after top-end IPO pricing

BUZZ-Micron-backed Silvaco rises in debut after top-end IPO pricing ** Chip design software co Silvaco Group Inc SVCO.O rises >10% in Nasdaq debut on Thurs after IPO prices at high end of expectations ** SVCO opens at $21 vs $19 IPO price, rises as much as 13.6% to $21.59. Stock last up 4.5% at $19.85 ** Silvaco offered 6 mln shares after deal marketed at $17-$19 for $114 mln raise ** At IPO price, co valued at about $540 mln based on ~28.5 mln total shares outstanding cited in SEC prospectus fi
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Cadence And TSMC Collaborate On Wide-Ranging Innovations To Transform System And Semiconductor Design

BRIEF-Cadence And TSMC Collaborate On Wide-Ranging Innovations To Transform System And Semiconductor Design April 24 (Reuters) - Cadence Design Systems Inc CDNS.O : CADENCE AND TSMC COLLABORATE ON WIDE-RANGING INNOVATIONS TO TRANSFORM SYSTEM AND SEMICONDUCTOR DESIGN Source text for Eikon: ID:nBwc2nVjka Further company coverage: CDNS.O ( Reuters.Bri
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change MongoDB Inc MDB.OQ +6.0% Illumina Inc ILMN.OQ +4% Trade Desk Inc TTD.OQ +3.8% Datadog Inc DDOG.OQ +3.6% Microchip Technology Inc MCHP.OQ +3.4% Bottom Performers Percent Change PepsiCo Inc PEP.OQ -2.5% Cadence Design Systems Inc CDNS.OQ -2.1% Monster Beverage Corp MNST.OQ -0.6% Verisk Analytics Inc VRSK.OQ -0.4% Keurig Dr Pepper Inc KDP.OQ -0.3% The Nasdaq 100 .NDX gained 221.58 po
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Futures point to higher open as more earnings roll in

US STOCKS-Futures point to higher open as more earnings roll in For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. GM up on FY forecast raise, Q1 beat Nucor sinks after Q1 results miss Futures up: Dow 0.21%, S&P 0.27%, Nasdaq 0.28% Updated at 8:34 a.m. ET/1234 GMT By Shristi Achar A and Shashwat Chauhan April 23 (Reuters) - U.S.
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Futures tread higher as more earnings roll in

US STOCKS-Futures tread higher as more earnings roll in For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. GM up on FY forecast raise, Q1 beat Nucor sinks after Q1 results miss Futures up: Dow 0.24%, S&P 0.33%, Nasdaq 0.38% Updated at 7:06 a.m. ET/1106 GMT By Shristi Achar A and Shashwat Chauhan April 23 (Reuters) - U.S.
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Futures inch higher in run-up to corporate earnings

US STOCKS-Futures inch higher in run-up to corporate earnings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: Dow 0.08%, S&P 0.10%, Nasdaq 0.16% April 23 (Reuters) - U.S. stock index futures rose marginally on Tuesday as some growth and chip stocks gained, while market participants geared up for a busy week of quarterly earnings that could help gauge the health of America's corporates.
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Chip design software firm Cadence forecasts sales below expectations, shares fall

Chip design software firm Cadence forecasts sales below expectations, shares fall By Arsheeya Bajwa and Stephen Nellis April 22 (Reuters) - Cadence Design Systems CDNS.O forecast second-quarter revenue below analysts' estimates on Monday, as the chip design software maker faces intense competition from its primary rival Synopsys SNPS.O . Cadence expects revenue to be between $1.03 billion to $1.05 billion for the quarter, a range that was lower than analysts' average estimate of $1.11 billion, a
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Cadence Design Systems Inc reports results for the quarter ended in March - Earnings Summary

Cadence Design Systems Inc reports results for the quarter ended in March - Earnings Summary Cadence Design Systems Inc CDNS.OQ reported quarterly adjusted earnings of $1.17​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of $1.29. The mean expectation of eleven analysts for the quarter was for earnings of $1.13 per share.
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Cadence Design Systems falls on weak Q2 revenue outlook

BUZZ-Cadence Design Systems falls on weak Q2 revenue outlook ** Shares of software company Cadence Design Systems CDNS.O fall 9.23% to $257.82 in extended trading ** CDNS expects Q2 rev in range of $1.03 bln to $1.05 bln vs. average est. of $1.11 bln - LSEG ** Company expects FY 2024 rev between $4.56 bln and $4.62 bln vs est. $4.59 bln ** Posts Q1 rev in line with est.
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Cadence Design Systems Q1 Revenue USD 1,009 Million Vs. IBES Estimate USD 1,002 Million

BRIEF-Cadence Design Systems Q1 Revenue USD 1,009 Million Vs. IBES Estimate USD 1,002 Million Apr 22 (Reuters) - Cadence Design Systems Q1 EBIT margin 25%. Q1 adjusted EBIT margin 38% Q1 EPS USD 0.91 outlook Q2 adjusted EBIT margin 38.5-39.5% outlook Q2 revenue USD 1,030-1,050 million
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Big Tech swoons as Q1s lurk, Nvidia decimated

MORNING BID AMERICAS-Big Tech swoons as Q1s lurk, Nvidia decimated A look at the day ahead in U.S. and global markets from Mike Dolan The so-called 'Magnificent 7' of U.S. megacap tech stocks has retreated sharply as first-quarter earnings updates kick off this week, with AI-chip star Nvidia NVDA.O swooning 10% on Friday after a nervy week for the sector.
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Cadence Design Systems Inc <CDNS.OQ> expected to post earnings of $1.13 a share - Earnings Preview

Cadence Design Systems Inc expected to post earnings of $1.13 a share - Earnings Preview Cadence Design Systems Inc CDNS.OQ CDNS.O is expected to show a fall in quarterly revenue when it reports results on April 22 for the period ending March 31 2024 The San Jose California-based company is expected to report a 0.8% decrease in revenue to $1.014 billion from $1.02 billion a year ago, according to the mean estimate from 11 analysts, based on LSEG data.The company's guidance on February 12 2024, f
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Schneider Electric confirms Bentley Systems talks

UPDATE 2-Schneider Electric confirms Bentley Systems talks Adds detail and analyst comment, paragraphs 3-5, 10-11 PARIS, April 19 (Reuters) - Schneider Electric SCHN.PA is in talks with U.S. engineering software producer Bentley Systems BSY.O over a potential "strategic transaction", it said on Friday without elaborating, sending the French company's shares down 2%.
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Bentley Systems explores options amid takeover interest, sources say

EXCLUSIVE-Bentley Systems explores options amid takeover interest, sources say Adds more background on Bentley in paragraphs 7-13, share movement By Milana Vinn and Anirban Sen April 18 (Reuters) - Bentley Systems BSY.O , an engineering software company with a market value of nearly $16 billion, is exploring options that include a sale after attracting acquisition interest, according to people familiar with the matter.
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Bentley Systems explores options amid takeover interest, sources say

EXCLUSIVE-Bentley Systems explores options amid takeover interest, sources say By Milana Vinn and Anirban Sen April 18 (Reuters) - Bentley Systems BSY.O , an engineering software company with a market value of about $15 billion, is exploring options that include a sale after attracting acquisition interest, according to people familiar with the matter.
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New Cadence supercomputers aim to speed creation of chips, software

New Cadence supercomputers aim to speed creation of chips, software By Stephen Nellis April 17 (Reuters) - Cadence Design Systems CDNS.O on Wednesday introduced the latest version of supercomputer based around a custom computing chip designed to speed up the creation of other computing chips and the software that will run on them. Cadence makes software that Nvidia NVDA.O , Apple AAPL.O and many other companies use to design chips with billions of transistors, the tiny on-off switches that make
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