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Great calendar overview! Cadence's Monday earnings turned out to be quite impressive - they raised guidance significantly with that $7B record backlog, showing the AI design cycle has real legs. What's interesting is how CDNS got overshadowed by all the mega-cap earnings later in the week (GOOGL, MSFT, AMZN, AAPL), but the fundamentals at Cadence are arguably more exciting. While the big tech companies are deploying AI, Cadence is enabling every custom chip that powers those AI systems. It's a higher-margin, less cyclical buisness model that deserves more attention. Thanks for highlighting the Monday movers - easy to miss in such a packed week!

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