Cadence Jumps 4% and Raises the Bar as Chip-Design Earnings Kick Off Big Tech Week
Cadence Design Systems led after-hours action with a 4% pop on a beat-and-raise quarter, while Rambus, Welltower, and Applied Digital also climbed on strong prints. Universal Health Services slid after cutting its EBITDA outlook, setting up a mixed tone into a stacked Big Tech earnings week.