Latest news with #FNMA
Globe and Mail
3 days ago
- Business
- Globe and Mail
Palantir Just Landed a Fannie Mae Deal. Should You Buy PLTR Stock Here?
Valued at a market cap of $292 billion, Palantir (PLTR) is among the largest tech companies in the world. PLTR stock has surged close to 500% in the last 12 months and has rallied over 1,200% since its initial public offering in September 2020. Investors and analysts are bullish on Palantir due to its accelerating revenue growth, improving profit margins, a widening portfolio of products, and expanding corporate partnerships. Earlier this week, Fannie Mae (FNMA) launched an AI-powered Crime Detection Unit in partnership with Palantir to combat mortgage fraud in the U.S. housing market. The new platform utilizes artificial intelligence and machine learning to analyze millions of datasets, finding previously undetectable fraudulent patterns. Early testing demonstrated the technology's effectiveness, identifying fraud in seconds that previously took human investigators two months to discover. The partnership initially focuses on Fannie Mae's multifamily housing business, with potential expansion to Freddie Mac (FMCC) under consideration. Fannie Mae, which holds over $4.3 trillion in assets and owns or guarantees approximately 25% of single-family mortgages and 20% of multifamily mortgages nationally, believes this technology will save millions in fraud losses while protecting lenders, homebuyers, and taxpayers. Palantir Is Gaining Traction in AI Palantir recently announced two major partnerships expanding AI capabilities across the government and financial services sectors. Palantir's FedStart program will enable Anthropic's Claude AI application to serve millions of federal employees at FedRAMP High and DoD Impact Level 5 security standards. This collaboration, hosted on Google Cloud (GOOGL) with multi-cloud flexibility through Amazon (AMZN) Bedrock and Vertex AI, will allow government workers to use Claude for writing, data analysis, and complex problem-solving while maintaining strict security compliance. The partnership builds on last year's agreement, where Anthropic partnered with Palantir through AWS for Impact Level 6 accredited environments. Palantir also partnered with xAI and TWG Global (TWG) to revolutionize AI adoption in the financial services sector. The collaboration addresses the critical issue that 74% of companies remain stuck in proof-of-concept phases, yielding no meaningful returns. Its offering includes governance foundations, industry-tuned AI agent suites, and modular agentic workforces designed to deliver measurable business outcomes within 90 days' Unlike traditional per-seat licensing models, the partnership operates on an outcome-based pricing model, aligning success with measurable results. The initiative combines xAI's advanced models and Colossus supercomputer with Palantir's operational expertise and TWG Global's implementation capabilities, targeting CEO-level engagement to deploy hundreds of thousands of AI agents across enterprises, resulting in transformative productivity gains. Is PLTR Stock a Good Buy? Palantir reported strong financial results for Q1 2025, showcasing remarkable growth across key metrics. It generated $884 million in revenue, representing 39% year-over-year growth. U.S. operations drove exceptional performance, with total U.S. revenue surging 55% year-over-year to $628 million. U.S. commercial revenue grew 71% year-over-year to $255 million, surpassing a $1 billion annual run rate. The company closed 139 deals worth at least $1 million and booked a record U.S. commercial total contract value of $810 million, up 183% year-over-year. Profitability metrics were equally strong, with GAAP income from operations reaching $176 million (a 20% margin) and adjusted income from operations reaching $391 million (a 44% margin). Palantir generated $310 million in cash from operations and $370 million in adjusted free cash flow. CEO Alex Karp attributed success to delivering 'the operating system for the modern enterprise in the era of AI,' highlighting the company's early investment in AI platforms that were initially met with skepticism. Based on strong performance, Palantir raised full-year 2025 guidance, projecting total revenue growth of 36% and U.S. commercial revenue growth of 68%. It expects Q2 revenue to be between $934 million and $938 million. What Is the Target Price for PLTR Stock? The ongoing rally in PLTR stock means it now trades at a lofty price-earnings multiple of over 200x. Out of the 20 analysts tracking PLTR stock, three recommend 'Strong Buy,' 12 recommend 'Hold,' one recommends 'Moderate Sell,' and four recommend 'Strong Sell.' The average target price for PLTR stock is near $94, below the current price near $122.
Yahoo
22-05-2025
- Business
- Yahoo
Bitcoin soars, Fannie Mae & Freddie Mac, Novo's GLP-1 discount
Market Domination co-host Josh Lipton tracks today's top stories and stocks in this Market Minute. Bitcoin (BTC-USD) continues its rally, soaring past $111,000 as rising bond yields (^TYX, ^TNX, ^FVX) drive investors toward alternative assets. Over-the-counter shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) skyrocket after President Trump signals he's considering taking the firms public. Meanwhile, Novo Nordisk (NVO) offers a one-month discount on its GLP-1 weight loss drug to attract new users. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
Yahoo
22-05-2025
- Business
- Yahoo
The restructuring Trump may need for Fannie Mae, Freddie Mac
President Trump is giving "very serious consideration" to bringing mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC) — or the Federal National Mortgage Association and Federal Home Loan Mortgage Corporation — public, according to the president's latest social media posting. Whalen Global Advisors Chairman Chris Whalen shares why he thinks the administration is bringing up spinning off these government-sponsored enterprises (GSEs) now. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
Yahoo
24-03-2025
- Business
- Yahoo
Mortgage Mayhem: Trump's Bold Plan Could Spark a $330 Billion Shake-Up
The mortgage world just got a serious jolt. In his first full week as head of the Federal Housing Finance Agency, William Pulte made a bold entranceremoving more than a dozen board members at Fannie Mae (FNMA) and Freddie Mac (FMCC) and stepping in as chairman himself. The shake-up didn't stop there: key executives, including Freddie Mac's CEO, were ousted, and dozens of staff were placed on administrative leave. Behind this sweeping move lies a much bigger playTrump officials are exploring how to privatize the mortgage giants, a multi-hundred-billion-dollar shift that could reshape America's housing finance system. Treasury Secretary Scott Bessent hinted that stakes in Fannie and Freddie might feed into the sovereign wealth fund President Trump has proposed, though details are still murky. Warning! GuruFocus has detected 3 Warning Sign with FNMA. The numbers are eye-popping. A recent plan valued Fannie and Freddie above $330 billion, with the government's portion topping $250 billion. If the entities raise an additional $2030 billion from outside investorsakin to a blockbuster IPOit would rank among the largest equity offerings in history. That prospect has already caught Wall Street's attention. However, there are concerns. A poorly managed handover could rattle mortgage-backed securities markets and push mortgage rates higher, especially if investors lose faith in pricing or risk models. Industry insiders have flagged worries that even small technical glitches could lead to outsized consequences in today's fragile housing environment. Still, the administration seems undeterred. A potential executive order on housing is reportedly in the works, signaling intent to move forward. The White House says the effort fits squarely into Trump's America First agenda of deregulation and deficit reduction. While Moody's chief economist Mark Zandi doesn't see an immediate threat, he warned that an economic slowdown could expose cracks in the new leadership. For now, investors are watching closely. This article first appeared on GuruFocus. Sign in to access your portfolio
