Michael Burry重申看多Veeva但已减仓，同时批评Snowflake估值过高，与SNOW财报大超预期形成矛盾

“The Big Short” investor Michael Burry has reportedly reiterated his bullish view on Veeva Systems ( VEEV ) but noted that he recently trimmed his position after the stock’s sharp rally. Burry also separately criticized Snowflake ( SNOW ) as overvalued. The investor disclosed a VEEV position in April as part of his software-rebound thesis and increased his exposure in May, saying “VEEV is still cheap.” He recently trimmed the position after the stock rose quickly toward a key resistance level. “A stock that was recently beaten down rising very fast to a level of significant resistance/overhead pressure could lead me to trim the position. It would not lead me to sell it outright. This happened with VEEV recently which also coincided with a much higher valuation,” Burry said in his Substack chat group , according to Stocktwits . On Snowflake ( SNOW ), Burry called the stock “very overvalued” and warned that the company “also faces an existential threat if the ecosystem of data lakes is proven too vulnerable to cyberattack if/when AGI and quantum computing becomes available.” “The headwinds would be lesser if companies develop their own AI departments and decide to keep more data in-house.” Snowflake, meanwhile, beat Wall Street estimates for its latest quarter and raised its full-year product revenue outlook, sending shares more than 23% higher in Thursday’s premarket session. For the full-year of fiscal 2027, the company expects product revenue of $6.07B, representing 36% year-over-year growth, up from previous guidance of $5.84B, or 31% year-over-year growth. SNOW's market cap currently stands at $110.84B.