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📊 Cadence and Rambus Rise on Strong Earnings Report; Universal Health Cuts Guidance 📈📉
💻 Solid Performance in the Chips and Technology Sector
Cadence Design Systems rose more than 4% after reporting adjusted earnings of $2.11 USD per share in the second quarter (beating the $2.05 estimate) and revenue of $1.58 billion.
Meanwhile, Rambus moved ahead by posting EPS of $0.77 USD and revenue of $207 million, beating the market’s forecast of $0.72 USD and $198 million.
🏥 Contrast in the Healthcare Sector
In the medical sector, Universal Health Services fell more than 4% after cutting its annual estimates to $22.28–$23.65 USD per share.
On the other hand, Welltower gained 4% after raising its full-year guidance.
#Cadence #Rambus #Earnings #USMarkets #BinanceSquare
$BTC
$ETH
$BNB
💻 Solid Performance in the Chips and Technology Sector
Cadence Design Systems rose more than 4% after reporting adjusted earnings of $2.11 USD per share in the second quarter (beating the $2.05 estimate) and revenue of $1.58 billion.
Meanwhile, Rambus moved ahead by posting EPS of $0.77 USD and revenue of $207 million, beating the market’s forecast of $0.72 USD and $198 million.
🏥 Contrast in the Healthcare Sector
In the medical sector, Universal Health Services fell more than 4% after cutting its annual estimates to $22.28–$23.65 USD per share.
On the other hand, Welltower gained 4% after raising its full-year guidance.
#Cadence #Rambus #Earnings #USMarkets #BinanceSquare
$BTC
$ETH
$BNB
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