Cadence Design Systems Inc (NASDAQ:CDNS) reported upbeat financial results for the fourth quarter Tuesday after the bell.Cadence Design Systems reported fourth-quarter revenue of $1.44 billion, beating analyst estimates of $1.42 billion. The company reported fourth-quarter adjusted earnings of $1.99 per share, beating estimates of $1.91 per share, according to Benzinga Pro."Strong customer demand for our expanding AI-driven product portfolio and the essential nature of Cadence's engineering software positio ...

NEW YORK (AP) — The U.S. stock market ticked higher on Wednesday, led by its most influential stock, Nvidia. The S&P 500 rose 0.6% and pulled a bit closer to its all-time high set late last month. The Dow Jones Industrial Average added 129 points, or 0.3%, and the Nasdaq composite gained 0.8%. Nvidia helped lift the market and climbed 1.6% after Meta Platforms announced a long-term partnership where it will use millions of chips and other equipment from Nvidia for its artificial-intelligence data centers ...