India is poised to seek bids for its $7.1 billion majority stake in IDBI Bank, a key step in its long-running effort to privatize the previously-distressed lender and accelerate a divestment push https://t.co/q3CepAQAT4 ...

Core Viewpoint - Amazon is contemplating the termination of its contract with the United States Postal Service (USPS) to establish its own nationwide delivery network, with the current agreement set to expire in October 2026 [1] Group 1: Contractual Considerations - The ongoing negotiations between Amazon and USPS regarding the future contract have been complicated by political pressures, particularly President Trump's initiative to privatize USPS [1] - Under the existing contract, Amazon contributes billions of dollars annually to USPS, which represents approximately 7.5% of the agency's revenue projected for 2025 [2] Group 2: Amazon's Delivery Network - Amazon has developed a substantial transportation network that includes airplanes, electric vans from Rivian, and a nascent drone delivery service, although the drone program has encountered challenges, including a Federal Aviation Administration investigation [2] - The company is also working on autonomous vehicles through its subsidiary Zoox [2]

UEM, the infrastructure arm of Malaysian sovereign wealth fund, made a $68 million takeover bid to privatize its asset management subsidiary UEM. via a selective capital reduction and repayment exercise. https://t.co/60yWe9a00w ...

Core Insights - Michael Burry has shared his stock picks after closing his hedge fund to outside cash, expressing a desire to communicate freely without regulatory constraints [1] - Burry's selected stocks include Lululemon Athletica, Molina Healthcare, Shift4 Payments, and Fannie Mae, which he views as long-term holds [2][3] - The current market conditions are seen as favorable for finding undervalued companies due to seasonal selling pressures [1][4] Company Summaries - **Lululemon Athletica**: An athletic-apparel retailer known for premium yoga pants, has seen its shares decline by 52% year-to-date, trading at under 15 times projected earnings [4][5] - **Molina Healthcare**: Provides affordable health insurance and healthcare services, primarily to low-income and senior Americans, with shares down 49% this year, also trading at under 15 times projected earnings [4][5] - **Shift4 Payments**: A fintech company offering payment processing and commercial tools, has experienced a 32% drop in share price year-to-date [4] - **Fannie Mae**: A government-sponsored enterprise that guarantees over $4 trillion in mortgages, its shares have tripled this year amid speculation of privatization [3][5] Market Context - The selected stocks are characterized by their market capitalizations under $25 billion, indicating a focus on smaller, beaten-down stocks [4][5] - Burry's investment strategy emphasizes deep-value opportunities, particularly in the current environment where many managers are reluctant to hold losing positions at year-end [1][4]

Core Viewpoint - Fannie Mae (FNMA) is positioned for potential growth, with a price target set at $11.50, indicating a possible increase of approximately 16.28% from its current price of $9.89 [1][5]. Group 1: Stock Performance - FNMA's current stock price is $9.65, reflecting a decrease of 1.93% or $0.19 [3]. - The stock has experienced significant volatility, with a yearly high of $15.99 and a low of $2.07, which may attract investors seeking potential gains [3]. Group 2: Market Capitalization and Trading Volume - The company's market capitalization is approximately $11.18 billion, with a trading volume of 157,485 shares [4]. Group 3: Influencing Factors - Hedge funds may positively influence FNMA's stock price, alongside a broader initiative to privatize the company, which could drive interest and investment [2]. - Political factors are highlighted as potential risks that could unpredictably affect stock performance [2]. - Connections to the cryptocurrency sector could enhance momentum for FNMA, attracting a new wave of investors and impacting future performance [4][5].

Core Viewpoint - Fannie Mae's stock has been upgraded by Wedbush from "Underperform" to "Outperform," reflecting positive market sentiment and potential for further price increases driven by hedge fund interest and ties to the cryptocurrency sector [1][2][5]. Company Overview - Fannie Mae is a government-sponsored enterprise crucial to the U.S. housing finance system, providing liquidity to the mortgage market through mortgage purchases and guarantees [1]. - The current stock price of FNMA is $9.84, which represents a $0.64 increase or approximately 6.96% [2]. Market Performance - The stock has experienced significant volatility over the past year, with a low of $2.07 and a high of $15.99 [3][5]. - Fannie Mae's market capitalization is approximately $11.4 billion, indicating its substantial presence in the market [4][5]. - The stock has traded between $9.84 and $9.90 today, with a trading volume of 1,000 shares [4]. Investment Dynamics - Hedge funds are expected to potentially drive FNMA's stock price higher, although political factors may introduce risks [2][5]. - Connections to the cryptocurrency sector may enhance FNMA's momentum as part of broader privatization efforts for Fannie Mae and Freddie Mac [3][5].

All right. So, Bob, it's the retail crowd really moving this stock right now. You say the big money, it's not in this name yet.When you're talking about big money, who are you talking about. You talking institutions. Are you talking activist. I mean, exactly who are you talking about.>> Well, you know, um, Bill Aman has been out publicly saying that they he thinks that these two names, Freddy and Fanny, should be out privatized, which is going to fuel a lot more, um, big money coming in from the hedge funds ...

Core Viewpoint - The retail investor crowd is currently driving the stock movement of Fannie Mae and Freddie Mac, while institutional investors have not yet significantly entered the market [1][2]. Group 1: Institutional Interest - Bill Aman, a hedge fund billionaire, advocates for the privatization of Fannie Mae and Freddie Mac, which could attract more hedge funds and mutual funds into these stocks [2][3]. - Bill Py, a member of the Trump administration, also supports the idea of privatizing these entities, indicating a potential shift in regulatory stance [2][4]. Group 2: Market Dynamics - Fannie Mae and Freddie Mac have historically been profitable, offering strong dividends and preferred stocks before facing challenges in 2007 and 2008 [3]. - The stocks have been rising sharply since April and May, although there are currently no options trading available for these stocks, limiting investment vehicles [7]. Group 3: Retail Investor Behavior - There is a potential for increased short interest in these stocks, which could attract retail investors, particularly from the meme stock community, due to their small float [8]. - The correlation between cryptocurrency holders and these stocks is noted, with expectations that movements in the crypto market could positively impact Fannie Mae and Freddie Mac [10][12]. Group 4: Future Outlook - The association with cryptocurrency is seen as beneficial for Fannie Mae and Freddie Mac, with potential for future growth as the market evolves [11][12].

Core Insights - Retail traders have significantly driven the share prices of Fannie Mae and Freddie Mac, which have increased over 500% since Donald Trump's election, but are now experiencing volatility as investors flee amid broader market instability [1][5]. Group 1: Market Dynamics - Recent selloffs in equity markets and losses in cryptocurrency have impacted the share prices of Fannie Mae and Freddie Mac, with a notable drop of over 10% attributed to forced liquidations in the crypto market [2][3]. - Bill Ackman highlighted that the exposure of Fannie and Freddie to crypto is not on their balance sheets but rather through their shareholder bases, suggesting that leveraged crypto investors are selling other assets to cover margin calls [3][4]. Group 2: Investment Sentiment - The shares of Fannie Mae and Freddie Mac have surged six-fold since before Trump's election, driven by expectations that the privatization process will be overseen by Bill Pulte, although specific details and timing remain unclear [5]. - The volatility of Fannie Mae and Freddie Mac shares is reminiscent of the meme-stock phenomenon, with significant price swings occurring due to limited liquidity and trading restrictions since their delisting from the New York Stock Exchange in 2010 [6][7]. Group 3: Future Outlook - Ackman has been a long-time advocate for investing in Fannie Mae and Freddie Mac, asserting that their stocks are undervalued and will rise once the government reduces its stakes, although he cautioned that the process will take considerable time [8].

Group 1: TAP Privatization - Portugal's state-owned airline TAP has received three formal expressions of interest from major European carriers: IAG, Air France-KLM, and Lufthansa for a minority stake as part of its privatization efforts [3][10] - The Portuguese government plans to sell a 44.9% stake to a strategic airline partner and an additional 5% to TAP employees, while retaining a controlling 50.1% stake in the airline [4][10] - TAP's strategic assets include vital connections to Brazil, Portuguese-speaking African countries, and the United States from its Lisbon hub, which the government aims to preserve and expand [4][5] Group 2: Swiss Inflation Outlook - Swiss National Bank President Martin Schlegel anticipates a slight acceleration in consumer-price growth in Switzerland in the coming quarters, although current inflation remains at the lower end of the SNB's target range of 0% to 2% [6][10] - The central bank's forecasts project inflation to average 0.2% in 2025, rising to 0.5% in 2026 and 0.7% in 2027, while maintaining an expansionary monetary policy with interest rates at zero [7] - Schlegel noted that uncertainty remains high due to potential downside risks from suspended U.S. tariffs on certain pharmaceutical products, with analysts expecting the SNB to keep interest rates unchanged at 0% in the upcoming decision [8]