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MarketBeat
MarketBeat
Chris Markoch

Palantir Soars on Government Deals as Valuation Debate Lingers

Palantir Technologies Inc. (NASDAQ: PLTR) continues to make bullish headlines that positively impact the company’s stock price. One of the most recent headlines was that Fannie Mae (OTCMKTS: FNMA) launched its AI-powered Crime Detection Unit and announced that Palantir would be a key technology partner.

[content-module:CompanyOverview|NASDAQ:PLTR]

The unit’s mission is to combat mortgage fraud in the U.S. housing market. To accomplish this, Palantir will help create a platform that combines machine learning and AI to analyze millions of datasets with the goal of finding fraudulent patterns that have been undetectable by traditional measures.

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