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Based in San Jose, CA, Cadence Design Systems Inc. (CDNS) offers products and tools that help customers to design electronic products. Through System Design Enablement (SDE) strategy the company offers software, hardware, services and reusable IC design blocks (IPs) to electronic systems and semiconductor customers. Cadence’s core electronic design automation (EDA) software and services enable engineers to develop different types of ICs. Its design IP’s are directly integrated into the ICs.
Seagate's (STX) New Exos X Solutions to Boost Data Management
by Zacks Equity Research
Seagate Technology (STX) adds three new storage solutions to its the Exos X systems' product line.
Cadence Design Systems (CDNS) Stock Moves 1.83%: What You Should Know
by Zacks Equity Research
In the latest trading session, Cadence Design Systems (CDNS) closed at $170.89, marking a +1.83% move from the previous day.
SONY's Renowned PlayStation Architect to Reportedly Retire
by Zacks Equity Research
SONY's chief engineer for PS4 and PS5 - Masayasu Ito - is set to retire by the end of September 2022.
Guidewire (GWRE) Q4 Earnings Top Estimates, Revenues Up Y/Y
by Zacks Equity Research
Guidewire's (GWRE) Q4 results gain from strength in subscription and support revenue.
Bet on These 3 Hot Tech Stocks Instead of NVIDIA (NVDA)
by Debdutta Sinha
We pick three technology stocks that are better buys than NVIDIA (NVDA), given its gloomy near-term prospects amid declining demand for gaming chips, supply-chain issues and restrictions on selling top AI chips to China.
The Zacks Analyst Blog Highlights Synopsys, Vishay Intertechnology, Cadence Design Systems, Pure Storage and Fortinet
by Zacks Equity Research
Synopsys, Vishay Intertechnology, Cadence Design Systems, Pure Storage and Fortinet are part of The Zacks top Analyst Blog.
Cadence Design Systems (CDNS) Stock Moves -0.21%: What You Should Know
by Zacks Equity Research
Cadence Design Systems (CDNS) closed the most recent trading day at $167.82, moving -0.21% from the previous trading session.
Europe's Energy Crunch in Focus: Global Week Ahead
by John Blank
A large policy rate hike could be in store from the ECB to combat soaring consumer price inflation. While seen globally, energy costs are adding even more oomph there.
Here's Why Investors Need to Keep an Eye on Plexus (PLXS) Stock
by Zacks Equity Research
Plexus' (PLXS) performance is gaining from an improving demand environment and new program ramps amid global supply chain disruptions.
5 Top-Ranked Tech Stocks With Solid Upside Potential to Buy Now
by Vasundhara Sawalka
Here we present five tech stocks - SNPS, VSH, CDNS, PSTG and FTNT - which are poised to perform well in the rest of 2022 despite a volatile market.
Iridium's (IRDM) GMDSS Solutions Utilized by Jan De Nul Group
by Zacks Equity Research
Iridium's (IRDM) GMDSS solutions are being leveraged by Jan De Nul Group to improve maritime safety.
Here's Why Investors Need to Watch for Pure Storage (PSTG)
by Zacks Equity Research
Pure Storage's (PSTG) performance is benefiting from its subscription services revenues and the growing clout of FlashArray solutions.
BCE Acquires Distributel to Boost Internet Services in Canada
by Zacks Equity Research
BCE announces the acquisition of Distributel to expand its reach in the Canadian markets.
Seagate's (STX) Lyve Cloud Services Offered by Climb Channel
by Zacks Equity Research
Lyve Cloud is Seagate's (STX) storage-as-a-service platform (only S3-compatible) designed to help businesses manage unstructured data growth
Ciena (CIEN) Q3 Earnings & Revenues Miss Estimates, Down Y/Y
by Zacks Equity Research
Ciena's (CIEN) Q3 revenues are affected by lingering supply chain issues.
Lumen (LUMN) Debuts New Solutions for Managing Enterprise SASE
by Zacks Equity Research
Lumen (LUMN) states that the combination of Lumen SASE Solutions and the Lumen SASE Manager will help customers to tighten cybersecurity and upgrade their network.
Seagate (STX) Slashes Q1 Outlook Amid Macroeconomic Weakness
by Zacks Equity Research
Seagate (STX) now expects revenues to be $2.1 billion (+/- $100 million) against the previous guidance of $2.5 billion (+/- $150 million) for the first quarter of fiscal 2023.
Pure Storage (PSTG) Q2 Earnings Beat, Revenues Rise Y/Y
by Zacks Equity Research
Pure Storage's (PSTG) Q2 results gain from strong subscription services and revenue growth in domestic and international segments amid a challenging macroeconomic backdrop.
Generac Holdings' (GNRC) DERMS Solution Used by Dominion Energy
by Zacks Equity Research
Generac Holdings (GNRC) Concerto platform leveraged by Dominion Energy Virginia to improve grid stability.
Cadence Design Systems (CDNS) Stock Moves -0.34%: What You Should Know
by Zacks Equity Research
Cadence Design Systems (CDNS) closed at $174.23 in the latest trading session, marking a -0.34% move from the prior day.
NetApp (NTAP) Extends Existing Partnership With VMware (VMW)
by Zacks Equity Research
NetApp (NTAP) collaborates with VMware (VMW) to help customers reduce the cost and risk of modernizing data-intensive workloads in multi-cloud environments.
SONY Plans to Tap Mobile Gaming Market With Savage Game Buyout
by Zacks Equity Research
Sony announces the acquisition of Savage Game Studios for an undisclosed amount to further bolster its mobile gaming efforts.
SONY Raises Price of PS5 Amid Global Economic Challenges
by Zacks Equity Research
SONY announces raising the price of its PlayStation 5 (PS5) console due to rising inflation and weakness in yen.
Onto Innovation (ONTO) Sets Up Training Center to Aid Clients
by Zacks Equity Research
Onto Innovation (ONTO) announces a new training center in South Korea to aid its clients across Asia in utilizing its diversified portfolio of solutions.
NetApp (NTAP) Q1 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
NetApp (NTAP) first-quarter performance benefits from strong revenue growth for the Hybrid and Public Cloud business segments.