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Story summary
- Palantir Technologies closed at $129.13 as investors weigh valuation after Michael Burry's bearish outlook.
- Fourth-quarter revenue rose 70% year over year, yet the stock trades at a premium.
- The S&P 500 and Nasdaq Composite declined, signaling a broader retreat in growth shares.
- HSBC and Northland Securities upgraded Palantir, while investors remain cautious about future performance.
