Cadence's growth accelerated in Q3, and management guided for even more growth in Q4. The software company is winning big thanks to the AI revolution. It is using generative AI to help improve its ...

Fred Alger Management, an investment management company, released its “Alger Mid Cap Focus Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. U.S. equity markets ...

Michael Bromberg is a finance editor with a decade of experience. He is an expert at elucidating complex financial topics in clear, concise language. Michael received a Bachelor of Arts in literature ...

This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Chip design software maker Cadence Design ...

SAN JOSE, Calif.--(BUSINESS WIRE)-- Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced Cadence® Celsius™ Studio, the industry’s first complete AI thermal design and analysis solution for ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) today announced it has entered into a definitive agreement to acquire the Design & Engineering (“D&E”) business of Hexagon AB, which includes ...

I rate Cadence a BUY due to its solid business model, strong growth prospects, and robust free cash flow supporting share buybacks. Recent 3Q24 results and 4Q24 guidance indicate a resurgence in ...

Cadence beat on revenue and adjusted earnings. Yet investors grew increasingly nervous about expensive AI stocks heading into the month. Investors therefore punished Cadence when it didn't meet their ...

CEO Anirudh Devgan reported that Cadence Design Systems delivered "excellent results" for Q1 2025, with revenue growth of 23% year-over-year and a 34% increase in non-GAAP EPS. The company exceeded ...