Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud

Key Points

An early test showed that Palantir’s technology, which includes elements of artificial intelligence, could identify fraud in seconds that took human investigators two months, Fannie Mae CEO Priscilla Almodovar said.
Shares of Palantir have jumped more than 140% since President Donald Trump’s election win in November.
The announcement comes as there is a push to potentially bring Fannie Mae and Freddie Mac out of conservatorship.

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Finance

Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund

March 3, 2026

Key Points Blackstone president Jon Gray defended the quality of loans within the firm’s flagship private credit fund after investors as concerns in the sector are growing. Source

Finance

New York Fed’s Williams says tariff burden falls ‘overwhelmingly’ on U.S. businesses and consumers

March 3, 2026

Key Points American consumers and businesses are taking most of the hit from President Donald Trump’s tariffs, New York Fed President John Williams said in remarks that counter White House claims. A study Williams cited on the issue has generated a fair amount of controversy over the past few weeks, with White House economist Kevin […]

Finance

Stocks making the biggest moves premarket: Target, Best Buy, On Holding, MongoDB & more

March 3, 2026

Check out the companies making headlines before the bell: Target — The big box retailer jumped more than 3% on better-than-expected earnings for the fourth quarter. Target earned an adjusted $2.44 per share, which topped the $2.16 per share analysts polled by LSEG were anticipating. Revenue of $30.45 billion came in just below consensus. Best […]