Core Insights - Synopsys Inc. shares fell 21% in premarket trading after reporting fiscal Q3 results that missed expectations and provided weak guidance due to U.S. restrictions on chipmaking equipment sales to China [1] Financial Performance - For the quarter ended July 31, Synopsys reported adjusted earnings of $3.39 per share on revenue of $1.74 billion, falling short of forecasts of $3.80 and $1.77 billion [1] - Design automation revenue increased by 23% year-over-year, including a $77 million contribution from Ansys, while the IP segment declined by 8% due to export restrictions and weaker customer fees [2] Future Guidance - For Q4, Synopsys guided adjusted earnings of $2.76 to $2.80 per share on revenue of $2.23 billion to $2.26 billion, significantly below expectations of $4.14 and $2.59 billion [3] - Fiscal 2025 EPS is forecasted at $12.76 to $12.80 on revenue of $7.03 billion to $7.06 billion, compared to estimates of $14.58 and $7.45 billion [3]

Group 1 - The core viewpoint is that Spotify's shares fell approximately 4% after the company reported weaker-than-expected financial results and guidance for the upcoming quarter [1][2] - Spotify's revenues increased by 10% year-over-year, reaching about 3.81 billion euros in the previous year [1] - The company reported a net loss of 86 million euros, translating to a loss of 0.42 euros per share, a significant decline from a net income of 225 million euros or 1.10 euros per share in the same quarter last year [1] Group 2 - The third-quarter revenue guidance is below Wall Street's expectations, with Spotify projecting revenues of 4.2 billion euros compared to the 4.47 billion euros forecasted by analysts [2] - The forecast includes a 490-basis-point headwind attributed to foreign exchange rates [2] - Actual revenue for the last quarter was 4.19 billion euros, which also fell short of the expected 4.26 billion euros [3]