The Latest Breaking News from CDNS

Cadence Design Systems beat expectations for the fourth quarter and guided higher for the current quarter and full year.

Moving averages coming together put CDNS stock on our radar.

Cadence Design Systems topped Wall Street’s targets for the September quarter but provided mixed guidance for the current period.

As the market shows signs of a rebound, Vertex, Enphase and Shockwave Medical are among 25 stocks to watch.

Cadence Design Systems and Synopsys should benefit from continued strong demand for their chip design tools for years to come, an analyst says.

The market rally has revived, but watch out for Treasury yields. Elon Musk made a new move vs. Twitter. Warren Buffett bought more OXY stock.

Aspen Technology (NASDAQ: AZPN) reported fourth-quarter fiscal 2022 non-GAAP earnings of $2.43 per share, beating the Zacks Consensus Estimate by 13%. The company reported non-GAAP earnings of 38 cents per share in the year-ago quarter.

CDNS stock is poised to benefit as more tech firms seek to design their chips in-house. Shares formed a handle entry after a 24% gain in July.

Cadence Design Systems, a maker of electronic systems design software, late Monday beat Wall Street's targets for the second quarter.

The Federal Reserve’s upcoming interest rate hikes to combat high inflation are expected to affect the tech industry significantly. However, given the growing reliance on software and continued investments in this space, the industry is poised for a solid rebound. Quality software stocks Veeva Systems (VEEV) and Cadence Design Systems…

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years by 25.91% on an annualized basis producing an average annual return of 35.93%. Currently, Cadence Design Sys has a market capitalization of $42.85 billion.