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-0.000942359038793705 -0.00141353855819061 -0.00376943615517515 -0.00337678655567766 -0.000942359038793705 -0.00141353855819061 -0.00321972671587872 0.00054970943929643
Stock impact report

Michael Burry drops shocking verdict on software stocks [Yahoo! Finance]

Fiserv, Inc. (FISV) 
Last fiserv, inc. earnings: 2/4 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.fiserv.com
Company Research Source: Yahoo! Finance
The investor who is most famous for "The Big Short" is getting into a part of the market that is under a lot of pressure. He says that the recent problems may have less to do with businesses going bankrupt and more to do with technical stress spreading through the system. That is a sharp break from what is going on in Wall Street right now. Right now, the market is obsessed with artificial intelligence winners , mega-cap momentum, and anything connected to the prospect of increasing computing power. Meanwhile, older software and payments names are struggling to make an impression. These legacy names struggle to hold attention, let alone investor confidence in today's market. Burry thinks that disconnect will help make money. He opened a roughly 3.5% position in PayPal ( PYPL , kept holdings in Fiserv (FI) Adobe ( ADBE Autodesk ( ADSK and Veeva Systems ( VEEV , and said he planned to add Salesforce ( CRM and MSCI (MSCI) That shopping list is not random. It is a targeted be Show less Read more
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