Last week, Palantir Technologies experienced a rollercoaster ride on the stock market, with its stock dropping 8% after reporting impressive fourth-quarter results. The company saw a $28 billion loss in market cap. Despite this, Palantir’s revenue grew by 70% year-over-year in Q4, with earnings up 7.7x. However, some analysts are cautious, noting the stock is still overvalued and concerns about international growth. Investors are divided on whether to buy Palantir stock now, with some seeing potential for growth, while others are wary of the high valuation. The decision ultimately depends on individual investment strategies and risk tolerance. 1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average dropping over 500 points due to concerns about rising inflation and interest rates.

2. The latest unemployment report showed a decrease in jobless claims, with the number of new claims falling to a four-month low. This is seen as a positive sign for the economy.

3. The price of oil reached a two-year high today, with a barrel of crude oil selling for over $70. This increase is being attributed to tensions in the Middle East and concerns about supply disruptions.

4. In other news, the Federal Reserve announced that it will keep interest rates unchanged for now, citing the need for more data before making any decisions on future rate hikes.

Read more at 1. Bitcoin reaches new all-time high of $60,000 – CNBC
2. Apple announces new iPad Pro with M1 chip and 5G capabilities – Wall Street Journal
3. Amazon reports record-breaking revenue of $125.6 billion in Q1 – Reuters
4. Tesla’s Elon Musk tops Forbes list of billionaires with net worth of $177 billion – CBS MarketWatch
5. Facebook under scrutiny for data privacy violations – Barchart: Should You Buy Palantir Stock Hand Over Fist After Its Sell-Off?