Market Chatter: Fiserv Shareholder Jana Urges Cost Cutting Acceleration, Use of Palantir Products

10:37 AM EDT, 09/28/2026 (MT Newswires) -- Fiserv (FISV) shareholder Jana Partners is urging the company to more than double its planned cost cuts and use Palantir's (PLTR) products to boost its technology transformation program, Reuters reported Monday, quoting a letter sent to Fiserv it viewed. Reuters reported that Fiserv has earmarked $500 million in cost savings by 2029 and that Jana said the amount can be more than doubled to $1.25 billion. Jana also said that by using Palantir's software, Fiserv could simplify its technology, retire technology debt and rationalize spending, according to the report. Fiserv and Jana didn't immediately respond to requests for comment by MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 46.20, Change: -0.28, Percent Change: -0.60