Synopsys Completes Acquisition of Ansys
News Highlights:
SUNNYVALE, Calif., July 17, 2025 /CNW/ -- Synopsys (Nasdaq: SNPS) today announced the completion of its acquisition of Ansys. The transaction, which was announced on January 16, 2024, combines leaders in silicon design, IP and simulation and analysis to enable customers to rapidly innovate AI-powered products. Synopsys is now positioned to win in an expanded $31 billion total addressable market (TAM). 1
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
25 minutes ago
- CTV News
S&P/TSX composite ticks higher Thursday
The TMX Market Centre is shown in Toronto, Wednesday, Sept. 11, 2024. THE CANADIAN PRESS/Paige Taylor White TORONTO — Gains in energy stocks helped Canada's main stock index tick higher in late-morning trading on Thursday, while U.S. markets were mixed. The S&P/TSX composite index was up 4.21 points at 27,420.62. In New York, the Dow Jones industrial average was down 129.58 points at 44,880.71. The S&P 500 index was up 17.18 points at 6,376.09, while the Nasdaq composite was up 56.71 points at 21,076.73. The Canadian dollar traded for 73.38 cents US compared with 73.48 cents US on Wednesday. The September crude oil contract was up US$1.08 at US$66.33 per barrel. The August gold contract was down US$22.00 at US$3,375.60 an ounce. This report by The Canadian Press was first published July 24, 2025.
Globe and Mail
43 minutes ago
- Globe and Mail
Why American Airlines Stock Tumbled Today
Key Points American Airlines beat on sales and earnings this morning. Revenues held steady year over year, but profits declined 10%. American Airlines says it will lose money in Q3, and could lose money for the full year as well. 10 stocks we like better than American Airlines Group › American Airlines (NASDAQ: AAL) stock sank 7.2% through 10:55 a.m. ET Thursday despite reporting an earnings beat for Q2 this morning. Analysts forecast the airline company would earn $0.77, adjusted for one-time items, on $14.3 billion in Q2 sales. In fact, the airline earned $0.95 on sales of $14.4 billion. American Airlines Q2 earnings What's bad about that? Combing through the numbers, here's what we find: Earnings as calculated according to generally accepted accounting principles (GAAP) were lower than the adjusted figure of $0.91. This was down 10% from what AA earned a year ago, despite quarterly revenue remaining roughly flat. So obviously, profit margins declined. But why? Well, fuel costs were lower in Q2 2025 than a year ago, but salaries, wages, and benefits cost 11% more, and landing fees grew 7%. Those were among the biggest changes that stand out. Is American Airlines stock a sell? I doubt these costs are what's upset investors today, however. Looming larger are concerns about "macro weaknesses" in the economy that are affecting company guidance. Although American Airlines management says it doesn't necessarily see a reason to worry right now, it worries anyway -- and after reporting its big Q2 profit, told investors it might lose as much as $0.60 per share in Q3, while full-year results could be as good as a $0.80 per-share profit... or as bad as a $0.20 per-share loss. That's a pretty wide range of potential outcomes for the year, and the only thing AA seems certain of is that it will definitely lose money in the current quarter. With a market cap of only $7.8 billion but more than $ 28 billion in debt and losses on the horizon, maybe investors should worry about AAL stock, too. Should you invest $1,000 in American Airlines Group right now? Before you buy stock in American Airlines Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and American Airlines Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025
Globe and Mail
an hour ago
- Globe and Mail
ScalaHosting To Power California State University, Sacramento With Secure, Scalable, and High-Performance Cloud Infrastructure in New Partnership
ScalaHosting's secure, scalable cloud hosting solutions will be integrated into CSUS's digital services to strengthen campus cybersecurity and infrastructure reliability. This new alliance will accelerate digital transformation in higher education. ScalaHosting, a global leader in managed cloud VPS hosting solutions, is proud to announce a multifaceted strategic partnership with California State University, Sacramento (Sac State), one of the largest public universities in California and a recognized leader in academic excellence and innovation. Through this alliance, ScalaHosting will integrate its scalable, secure cloud hosting solutions across CSUS's digital services ecosystem to strengthen its cybersecurity and enhance the performance and reliability of its infrastructure. With growing demand for educational institutions to provide always-on access to online platforms, CSUS is demonstrating its forward-thinking approach to digital infrastructure through this partnership. As one of the most respected institutions in the California State University system, the university plays a pivotal role in shaping the academic and digital experiences of thousands of learners each year. This decision to move to ScalaHosting marks a significant milestone, reinforcing the institution's dedication to delivering web hosting solutions that meet the high standards and expectations of enterprise-level organizations and public institutions. At the same time, this move underscores the university's commitment to security, performance, and long-term scalability as it supports its thousands of students, faculty, and staff. ScalaHosting brings to this partnership its enterprise-grade reliability, ironclad security, lighting fast servers, 24/7 support, and managed VPS cloud hosting. The cloud solutions provider also offers access to cutting-edge tools like Spanel, a control panel designed to reduce complexity and boost control, enabling institutions to streamline their server management without sacrificing flexibility or compliance. In accordance with the partnership, CSUS has initiated the migration of its key websites, including its Moodle LMS websites, to ScalaHosting's cutting-edge Cloud VPS platform. Chris Rusev, the CEO and co-founder of ScalaHosting and expressed his excitement about this partnership, calling it an opportunity for ScalaHosting to flex its cloud hosting and management capabilities and demonstrate how educational institutions can future-proof their digital transformation with next-generation hosting solutions. 'We are excited and honored to support CSUS in its mission to provide secure, scalable, and high-availability services for its learners, staff and faculty. CSUS's trust in us reaffirms our ability to accelerate digital transformation for higher learning by helping institutions manage their key digital resources that support course delivery and academic operations.' This strategic partnership also highlights ScalaHosting's commitment to delivering high-performance hosting environments tailored to various sectors, including education, government, and enterprise. California State University, Sacramento, joins a growing list of organizations turning to ScalaHosting to upgrade their cybersecurity and digital infrastructure with managed cloud hosting. About ScalaHosting: ScalaHosting is a U.S.-based cloud solutions provider trusted by over 1,000,000 websites worldwide. With a focus on innovation, security, and service, ScalaHosting offers fully managed cloud VPS, dedicated servers, and cutting-edge tools like SPanel, the next-generation web hosting control panel. For more information, please visit Media Contact Company Name: ScalaHosting Contact Person: Chris Rusev Email: Send Email Phone: 214 306 6818 Country: United States Website:
