The Latest Breaking News from CDNS

Cadence Design Systems Inc (NASDAQ:CDNS) reported financial results for the second quarter after the market close on Monday. Here’s a look at the key details from the quarter.

CDNS is outperforming ahead of tonight's earnings report, which means the bar is high for the semiconductor stock to beat Wall Street's estimates.

Cadence Design is slated to report its fiscal second-quarter earnings later this month, with analysts forecasting a double-digit increase in profits.

Cadence Design Systems, Inc. (NASDAQ:CDNS) shares are lower Monday. They have found resistance around $325 again.

Ahead of the Fourth of July Holiday weekend, U.S. stock markets closed higher on Thursday, with the Dow Jones Industrial Average climbing 0.8% to 44,828.53 and the SP 500 also advancing 0.8% to 6,279.35. The Nasdaq posted a nearly 1% gain, finishing at 20,601.10.These are the top stocks that gained…

Cadence shares rally as the US lifts restrictions from export of chip-design software to China. But Wall Street no longer sees meaningful upside in CDNS stock.

Shares of chip design firms Cadence Design Systems Inc (NASDAQ:CDNS) and Synopsys Inc (NASDAQ:SNPS) are rising Thursday after the U.S. Department of Commerce rescinded China export restrictions.

Despite Cadence Design Systems’ underperformance relative to the broader market over the past year, Wall Street analysts maintain a highly optimistic outlook on the stock’s prospects.

Cadence Design Systems is all set to release its fiscal first-quarter earnings later this month, and analysts project a double-digit earnings growth.

Despite Cadence Design Systems’ recent underperformance relative to its broader sector, Wall Street analysts remain highly optimistic on the stock’s prospects.

Despite Cadence Design Systems' underperformance relative to the broader market over the past year, Wall Street analysts maintain a strongly optimistic outlook about the stock’s prospects.