According to The Kobeissi Letter, Palantir Technologies (PLTR) shares dropped more than 14% following the release of its Q1 2025 earnings, as analysts voiced concerns about the company's international growth outlook (source: @KobeissiLetter, Twitter, May 6, 2025). The sharp downturn in PLTR reflects broader market apprehension towards tech equities, which could spill over into the cryptocurrency sector given increasing correlations between growth tech stocks and digital asset price action. Traders should monitor market volatility, as negative sentiment from major tech stocks can trigger risk-off behavior in crypto markets.