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Long-term growth expectations are now much lower, and Fiserv still generate significant free cash flows, to the tune of $4.4 billion in fiscal 2025 alone.
While the company hasn't confirmed its plans, public documents indicate more than 1,400 jobs could be created and tens of millions of dollars could be invested.
Tech shares bounced on Tuesday following the prior session's selloff as markets weigh the impact of artificial intelligence on incumbent technology companies while navigating tariff uncertainty.
ABB demand is rising as AI data centers ramp power needs. The core concern is valuation. Fundamentals are stronger. See more on ABBNY stock here.
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