Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Unity (NYSE:U) and the best and worst performers in the design software industry.
The momentum trade just hit a wall and the unwind has been nothing short of brutal. JPMorgan analysts Dubravko Lakos-Bujas, Arun Jain and Bhupinder Singh note that the sharp reversal in momentum has erased two years of gains in just three weeks – one of the fastest unwinds in four decades.
Curious about the top performers within the S&P500 index one hour before the close of the markets on Friday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Eight years after being praised by TSMC founder Morris Chang for rescuing Cadence from crisis, Lip-Bu Tan has been named CEO of Intel, tasked with leading the embattled chipmaker through one of the most pivotal moments in its history.
Intel Corporation (NASDAQ: INTC) surged 11.6% during the pre-market trading session on Thursday after the company announced that tech industry veteran, Lip-Bu Tan, is set to take the helm as the new CEO.
After a strong Q4, Cadence Design Systems issued conservative guidance, raising questions about whether the stock’s high valuation is still justified. Let’s assess CDNS’s fundamental, sentimental, and technical outlook.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Procore (NYSE:PCOR) and the rest of the design software stocks fared in Q4.
