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Aurora Mobile (NASDAQ:JG) Stock, Option Chain

Aurora Mobile

Aurora Mobile Ltd provides stable, and accurate developer services for educational and medical products. It is focused on providing companies with stable and efficient push notification services. It provides a comprehensive suite of services to mobile app developers in mainland China. Through its developer services, they gain access to, aggregate, cleanse, structure and encrypt vast amounts of real-time and anonymous device-level mobile behavioral data. It offers data services such as iAPP which helps the investors to analyze opportunities in the sector, Anti-fraud helps to identify fraud risks, iAudience, iZone and other related services. The company operates and generates its revenue from the People's Republic of China.

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Shares of  Landos Biopharma, Inc. (NASDAQ: LABP) rose sharply during Monday’s session following acquisition news.

Why Landos Biopharma Shares Are Trading Higher By Over 170%? Here Are Other Stocks Moving In Monday&#39;s Mid-Day Session

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Why Applied Therapeutics Shares Are Trading Lower By Over 35%? Here Are Other Stocks Moving In Friday&#39;s Mid-Day Session

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Shares of Despegar.com, Corp. (NYSE: DESP) rose sharply during Wednesday’s session after the company raised its FY23 financial guidance.

The company said it now sees revenue of $690 million to $700 million, versus previous forecast of $670 million to $700 million.

Why Despegar.com Shares Are Trading Higher By Over 16%? Here Are Other Stocks Moving In Wednesday&#39;s Mid-Day Session

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Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) is set to expand its domestic production capacity with new factories planned in Kaohsiung, Tainan, and Taichung. National Development Council Minister Paul Liu announced on Thursday, following concerns about Taiwan Semiconductor&#8217;s overseas expansion projects in countries like Japan, the United States, and Germany.
During a legislative session, Liu emphasized that Taiwan Semiconductor plans to build a new factory in Taiwan yearly over the next decade, Taiwan News <a target="_blank" href="https://www.taiwannews.com.tw/news/5976412" rel="noreferrer noopener">reports</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/price-target/24/11/42098028/qualcomms-shift-from-handsets-to-ai-and-automotive-wins-analysts-confidence" rel="noreferrer noopener">Qualcomm&#8217;s Shift From Handsets To AI And Automotive Wins Analysts&#8217; Confidence</a>
The Taiwanese government has pledged to ensure adequate water and electricity supplies to support these facilities, which are critical for semiconductor production.
Economics Minister Kuo Jyh-huei reinforced the commitment to domestic growth, stating that Taiwan Semiconductor&#8217;s expansion aligns with Taiwan&#8217;s strategic semiconductor objectives.
However, discussions around the company&#8217;s new plant in Arizona added a layer of complexity as conflicting statements emerged regarding an upcoming celebration for its completion. 
While Kuo suggested such an event was imminent, Taiwan Semiconductor founder Morris Chang denied knowledge of it, sparking debate among legislators.
Liu, a Taiwan Semiconductor board member, clarified that he was unaware of any planned celebrations but confirmed he had been invited to a board meeting in the United States in February.
In November, the Biden administration sanctioned Taiwan Semiconductor, restricting its sale of <a target="_blank" href="https://www.benzinga.com/24/11/42089611/taiwan-semiconductor-faces-china-challenges-amid-potential-trump-return-and-geopolitical-tensions" rel="noreferrer noopener">advanced AI chips to China</a>. Meanwhile, during his campaign, former President Donald Trump outlined plans to impose tariffs on Chinese exports, continuing his criticism of the country.
Under the CHIPS Act, Taiwan Semiconductor secured $6.6 billion in U.S. subsidies and proposed up to $5 billion in loans to support A16 chip production in Arizona.
Taiwan Semiconductor&#8217;s recent activities highlight its balancing act between domestic and international investments, ensuring global competitiveness while maintaining a strong presence in Taiwan.
The company is accelerating its expansion, aiming to establish over ten semiconductor facilities worldwide by 2025, boosting advanced production capacity.
Significant projects include 2nm fabs in Taiwan and a second plant in Japan&#8217;s Kumamoto region, which will break ground in 2025. In addition, Taiwan Semiconductor is advancing facilities in Arizona and Dresden and innovating in advanced packaging technologies such as CoWoS and SoIC.
The company anticipates record capital expenditures of $34 billion—$38 billion in 2025 to meet escalating demand for cutting-edge semiconductor manufacturing.
Price Action:&nbsp;At the last check on Thursday, TSM stock was lower by 1.77% at $185.02 premarket.
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Photo by Jack Hong via Shutterstock

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Taiwan Semiconductor Plans New Factories To Boost Domestic Chip Production

U.S. stocks were mixed, with the Nasdaq Composite falling more than 150 points on Thursday.
Shares of BJ&#8217;s Wholesale Club Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) surged 7% to $91.65 after the company reported better-than-expected third-quarter adjusted EPS results and raised its FY24 adjusted EPS <a href="https://www.benzinga.com/24/11/42111394/bjs-wholesale-stock-soars-after-q3-earnings-beat-outlook-raised">guidance above estimates</a>.
Also, the company approved a new $1 billion share repurchase program.
BJ&#8217;s Wholesale shares surged 7% to $91.65 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) shares jumped 30.9% to $169.05 after the company reported better-than-expected third-quarter financial results and raised its FY25 product revenue guidance. Also, multiple firms raised their respective price targets on the stock.</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) gained 24.2% to $4.5712. Quantum Computing announced it received another purchase order for its photonic chip foundry.</li>
<li>Universal Technical Institute, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTI#NYSE">UTI</a>) gained 17.7% to $23.41 after the company reported better-than-expected quarterly EPS and sales, and provided FY2024 revenue guidance above analyst estimates..</li>
<li>Semler Scientific, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) shares jumped 17.2% to $69.47.</li>
<li>NANO Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) gained 15.1% to $26.63.</li>
<li>MongoDB, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) surged 14.4% to $322.24. MongoDB will report its third quarter fiscal year 2025 financial results for the three months ended Oct. 31, after the U.S. financial markets close on Monday, Dec. 9.</li>
<li>Dream Finders Homes, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFH#NYSE">DFH</a>) gained 14.3% to $31.89 after the company announced it will join the S&amp;P SmallCap 600 and replace Haynes.</li>
<li>Hyliion Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HYLN#NYSE">HYLN</a>) jumped 12.6% to $3.2750.</li>
<li>Red Cat Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) gained 11.8% to $7.12.</li>
<li>Amentum Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMTM#NYSE">AMTM</a>) jumped 8.1% to $24.24.</li>
<li>Kyndryl Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) gained 8.1% to $30.85. The company's board authorized a $300 million share repurchase program.</li>
<li>Rubrik, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBRK#NYSE">RBRK</a>) gained 8% to $48.78.</li>
<li>Cloudflare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) gained 6.2% to $102.46.</li>
</ul>
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BJ's Wholesale Club, Snowflake, Universal Technical Institute And Other Big Stocks Moving Higher On Thursday

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KURA

Kura Oncology shares are trading lower. The company announced it entered into a global strategic collaboration with Kyowa Kirin to develop and commercialize ziftomenib.

From cost savings to ensuring consistent quality, the foundation of every successful investment begins with reliable seeds. Developing such genetics is no small feat; it takes decades, even generations, to achieve perfection. Few companies embody this legacy better than Dutch Passion Seeds, an Amsterdam-based pioneer founded in 1987.
With a track record of innovation, including introducing feminized seeds, Dutch Passion has built a reputation for producing traceable, stable genetics, under the highest standards.
"Everything starts with a seed," Francesco, global sales director of Dutch Passion Seeds told Benzinga Cannabis in an exclusive interview. "Without good genetics, there's no foundation for cultivation or scaling operations."
<ul>
<li>Get Benzinga&#8217;s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter&nbsp;<a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. You can't afford to miss out if you&#8217;re serious about the business.</li>
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<h3 class="wp-block-heading">A Global Mission Rooted In Quality</h3>
Francesco emphasized Dutch Passion&#8217;s commitment to maintaining quality through centralized production in the Netherlands. &#8220;All our seeds are produced in-house, allowing us to control every aspect of the process.&#8221; This strategy ensures consistency and upholds their reputation, even as demand for seeds continues to rise globally.
The company's infrastructure includes expert breeders—some with decades of experience—who pass down their craft to the next generation. For example, the celebrated Orange Bud strain has been cultivated by the same breeder for over 35 years.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="768" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21094636/Dutch-Indoor-2-1024x768.jpg" alt="" class="wp-image-659010" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21094636/Dutch-Indoor-2-1024x768.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21094636/Dutch-Indoor-2-300x225.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21094636/Dutch-Indoor-2-768x576.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21094636/Dutch-Indoor-2.jpg 1440w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Courtesy of Dutch Passion Seeds. </figcaption></figure>
<h3 class="wp-block-heading">Lessons From Canada: A Mature Market's Impact On Cultivation And Sales</h3>
Canada, one of the first major countries to legalize recreational cannabis, has been both a significant opportunity and a learning curve for Dutch Passion. Before legalization, <a href="https://www.benzinga.com/topic/canada-cannabis">Canada</a> was a leading market for the company's seeds, driven by high demand from home growers. However, Francesco explained that legalization shifted consumer behavior, leading to a notable decline in home cultivation.
"When legal cannabis products became widely available, domestic cultivation dropped significantly," he said. This trend, Francesco noted, has been replicated in other countries following legalization, such as<a href="https://www.benzinga.com/topic/thailand-cannabis"> Thailand</a>. For Dutch Passion, the shift required adaptation, including launching branded <a href="https://www.benzinga.com/topic/pre-rolls">pre-rolls</a> and flowers in Canada.
Despite an initial sales peak, Francesco acknowledged that the Canadian market has become increasingly saturated, with competition and price pressures impacting profitability. &#8220;We saw strong demand for about two years post-legalization, but the market is now stabilizing at lower levels.&#8221;
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39609582/europe-is-turning-cash-flow-positive-well-see-what-happens-in-the-u-s-largest-canna">Europe Is Turning Cash Flow Positive, &#8216;We&#8217;ll See What Happens In The U.S.,&#8217; Says Curaleaf&#8217;s Boris Jordan</a>
<h3 class="wp-block-heading">Emerging Markets: Thailand And Germany</h3>
Thailand is quickly becoming a major cannabis seed market in Asia, and Dutch Passion is capitalizing on the opportunity. Building on a year of growing seed distribution and local partnerships, the company recently opened a compliant dispensary in Bangkok. Francesco called the move essential for navigating this dynamic market.
Meanwhile, Germany's impending recreational cannabis legalization represents a game-changing opportunity.
Dutch Passion plans to supply clones and eventually, branded flowers to German consumers. "The <a href="https://www.benzinga.com/topic/germany-cannabis">German market</a> will reshape Europe's cannabis landscape," Francesco said. Collaborating with local partners is integral to their strategy, as is leveraging their strong genetics portfolio to meet rising demand.
<h3 class="wp-block-heading">Chile And Argentina</h3>
Chile has served as Dutch Passion's gateway to Latin America, thanks to its progressive stance on cannabis seeds. "<a href="https://www.benzinga.com/markets/cannabis/23/05/32581583/new-law-against-drug-trafficking-allows-medical-cannabis-use-in-chile">Chile</a> legalized cannabis seeds, making it an ideal market for our entry," Francesco explained. The country's burgeoning growing shops and cultural acceptance of cannabis have positioned it as a regional leader.
Argentina, on the other hand, <a href="https://www.benzinga.com/markets/cannabis/24/10/41521064/controversy-over-medical-cannabis-exclusion-as-argentina-issues-new-hemp-regulation-experts-weig">offers untapped potential, but navigating its regulatory framework remains challenging</a>. Francesco praised the country&#8217;s medicinal cannabis laws, which allow patients to grow their plants. However, he noted that the Instituto Nacional de Semillas (INASE), <a href="https://www.benzinga.com/topic/argentina-cannabis">Argentina's regulatory body</a>, faces overwhelming demands with limited resources.
"INASE is under incredible pressure with over 850 registration requests, yet there is only one person dedicated to cannabis applications. It's an unsustainable workload," he said. Streamlining these processes could unlock Argentina's potential as a major player in cannabis genetics.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="768" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21094738/Dutch-Indoor-3-1024x768.jpg" alt="" class="wp-image-659013" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21094738/Dutch-Indoor-3-1024x768.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21094738/Dutch-Indoor-3-300x225.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21094738/Dutch-Indoor-3-768x576.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21094738/Dutch-Indoor-3.jpg 1440w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Courtesy of Dutch Passion Seeds. </figcaption></figure>
Read Also:<a href="https://www.benzinga.com/markets/cannabis/24/10/41467100/hemp-finally-gets-regulated-in-argentina-will-it-boom-like-the-countrys-many-other-ag-products"> Hemp Finally Gets Regulated In Argentina: Will It Boom Like The Country&#8217;s Many Other Ag Products?</a>
<h3 class="wp-block-heading">Challenges In Argentina's Import Market</h3>
Argentina's restrictive import framework and complex customs regulations pose significant barriers for global players like Dutch Passion. Francesco acknowledged that bureaucratic <a href="https://www.benzinga.com/markets/cannabis/24/09/40881984/more-than-3-billion-at-stake-how-regulatory-red-tape-is-holding-back-australias-cannabis-legaliz">red tape</a> and inconsistent import policies make it difficult for international companies to establish a foothold in the country.
However, he highlighted the potential for collaboration. "We've seen legalization processes in many countries and can offer our expertise to Argentine authorities to build a system that benefits everyone—from growers to regulators."
<h3 class="wp-block-heading">Balancing Costs And Innovation</h3>
Operating in the Netherlands comes with higher production costs due to labor and energy expenses. Despite this, Francesco emphasized that Dutch Passion remains competitive by offering a diverse catalog with price points ranging from affordable staples to premium, limited-edition <a href="https://www.benzinga.com/markets/cannabis/24/06/39486937/is-old-school-better-how-nostalgia-cannabis-vintage-strains-are-reshaping-cannabis-markets">genetics</a>. "Our pricing reflects the quality and innovation behind each strain," he said.
This approach also allows them to cater to both small-scale growers and larger cultivators in need of bulk seeds. For the latter, Dutch Passion provides wholesale packages of up to 100 seeds per order, ensuring accessibility for commercial operations without compromising quality.
Read Also:<a href="https://www.benzinga.com/markets/cannabis/24/11/41997646/tilray-joins-german-cannabis-fiesta-with-first-locally-grown-strains"> Tilray Joins German Cannabis Fiesta With First Locally Grown Strains</a>
<h3 class="wp-block-heading">Looking Forward</h3>
Dutch Passion Seeds continues to invest in innovation, such as developing sterile genetics resistant to <a href="https://www.benzinga.com/markets/cannabis/24/09/40972472/x-rays-microwaves-and-now-what-this-company-freezes-weed-at-320-f-to-kill-mold-and-save-a-ton">pests and mold</a>, which could revolutionize cannabis cultivation.
Francesco emphasized the importance of adaptability in an industry shaped by shifting regulations and consumer preferences.
"Our future lies in creating strains that maximize terpenes and cannabinoids while improving resistance to environmental stresses," he said.
Read Next: <a href="https://www.benzinga.com/general/biotech/24/11/41997354/selling-weed-is-like-a-sneaker-drop-running-out-isnt-a-problem-for-this-company">Selling Weed Is Like A Sneaker Drop: Running Out Isn&#8217;t A Problem For This Company</a>

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Traceable, Reliable, Stable Seeds: Dutch Passion, The Cannabis Biotech You Didn't Know You Needed

Benchmark analyst Kurt Hallead reiterates Helmerich &amp; Payne (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HP#NYSE">HP</a>) with a Hold.

Reiteration

Analyst Ratings

Benchmark Reiterates Hold on Helmerich & Payne

Citigroup analyst Atif Malik maintains NVIDIA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) with a Buy and raises the price target from $170 to $175.

Price Target

NVDA

Citigroup Maintains Buy on NVIDIA, Raises Price Target to $175

Analysts published commentary on Palo Alto Networks Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) after the company reported <a href="https://www.benzinga.com/news/earnings/24/11/42099690/palo-alto-networks-q1-earnings-revenue-beat-eps-beat-2-for-1-stock-split-multiyear-platformization-trend-for-security-ai">upbeat fiscal first-quarter results</a>.
<ul>
<li>Goldman Sachs <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/589dc33e43eaaa000122c59a/gabriela-borges">analyst Gabriela Borges</a> maintained a Buy rating, while reducing the price target from $425 to $421.</li>
<li>Needham <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6539490f1c7d4600012d4bc4/matt-dezort">analyst Matt Dezort</a> reiterated a Buy rating, while raising the price target from $385 to $450.</li>
<li>JMP Securities <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6298be750c34880001d668d9/trevor-walsh">analyst Trevor Walsh</a> reaffirmed a Market Outperform rating, while lifting the price target from $380 to $415.</li>
<li>Piper Sandler <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/590783e6290fa70001409b4a/rob-owens">analyst Rob Owens</a> maintained a Neutral rating, while raising the price target from $330 to $385.</li>
<li>KeyBanc Capital Markets <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/62eacb8a9bab060001dbd41a/eric-heath">analyst Eric Heath</a> reiterated an Overweight rating and price target of $435.</li>
<li>Cantor Fitzgerald <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58d11d3db85e93000188d7b9/jonathan-ruykhaver">analyst Jonathan Ruykhaver</a> reaffirmed an Overweight rating and price target of $445.</li>
<li>RBC Capital Markets <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5880b6f377f9dd00011b0ab2/matthew-hedberg">analyst Matthew Hedberg</a> maintained an Outperform rating and a price target of $450.RBC Capital Markets </li>
<li>Oppenheimer <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5937f6b185b07a0001ac364f/ittai-kidron">analyst Ittai Kidron</a> reiterated an Outperform Buy rating and price target of $450.</li>
<li>WestPark Capital <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e301e08430dee0001c88c8d/joseph-feldman">analyst Paul Rodriguez</a> reaffirmed a Hold rating on the stock.</li>
</ul>
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Goldman Sachs: Palo Alto reported its quarterly revenues 1% above the Street and earnings 6% higher. Management raised their fiscal 2025 guidance for NGS ARR (next-generation security annual recurring revenue) by 2%.
Gross margins came in 85 basis points (bps) short of estimates. Calculated billings declined by 14% year-on-year and came around 20% below the Street. "We believe there continues to be good runway for Palo Alto to transition customers to higher performance (and price) attached subscriptions," Borges said in a note.
Needham: ARR and revenues are up 40% year-on-year at $4.52 billion and up 14% at $2.14 billion, beating consensus by 3.5% and 1%, respectively. RPOs (remaining performance obligations) grew by 20% year-on-year to $12.6 billion and the company guided for an acceleration to 20%-21% in the second quarter, he added.
"Platformization progress continues to impress," with the company adding more than 70 customers in the quarter, which brings the total to 1,100, Dezort said. Palo Alto reiterated its target of reaching 2,500-3,000 platform customers and $15 billion in ARR by fiscal 2030.
JMP Securities: Non-GAAP earnings of $1.56 per share came in higher than consensus of $1.48 per share. The company guided non-GAAP earnings of $1.54-$1.56 per share for the fiscal second quarter, versus consensus of $1.55 per share.
Momentum in the company's SASE and XSIAM offerings is driving platformization, the analyst stated. These offerings "continue to be key growth drivers for the network security and security operations pillars of the business, respectively," Walsh said.
Piper Sandler: Palo Alto enjoyed an acceleration in RPO growth &#8220;given platformization momentum, with beats across other top- and bottom-line metrics," Owens said. Despite this, the company's full-year RPO expectations were in-line, which effectively lowers bookings expectations, "driving the disappointment on the quarter.&#8221;
"Platformization continued to gain traction, with over 70 new platformization deals in F&#8217;1Q, with a third coming from QRadar," the analyst wrote. The company's next-gen portfolio remains strong, he further stated.
KeyBanc Capital Markets: Palo Alto Networks performed better than other "many security peers" in the quarter, Heath said. While revenue, RPO, NGS ARR, and margins came in ahead of expectations, billings was "meaningfully" below, he added.
Investors may be concerned about the sequential decline in deferred revenues acting as a headwind to free cash flows. A move to annualized invoicing seems to be "already quickening sales cycles" and improving visibility into free cash flows in the medium term, the analyst stated. "We remain positive on security being a top area of spend in IT, customers continuing to consolidate security vendors, and we view Palo as a leader in several strategic markets, while still early in consolidating those adjacencies," he added.
Cantor Fitzgerald: Palo Alto started the new fiscal year "on the right foot," outperforming consensus on revenue, RPO, NGS ARR, and earnings, Ruykhaver said. The company raised its full-year guidance to reflect the "strong 1Q momentum and continued strength in the platformization approach," he added.
QRadar added 550 customers to the Cortex customer base and present "ample upsell opportunity to the XSIAM offering," the analyst wrote. Management values this pipeline at more than $1 billion, he further stated.
RBC Capital Markets: Billings declined by 13.5% to $1,752 million, coming in well below consensus of $2,192 million, Hedberg said. "We note again that PANW stopped guiding to billings last quarter given the noise the platformization strategy has introduced to the metric," he added.
Progress in platformization continued in the quarter and "the market is seeing a growing realization of the impact platformization can have," the analyst wrote. Although management raised the full-year guidance for NGS ARR, the extent was less than the first-quarter beat, he further stated.
Oppenheimer: Palo Alto generated strong results for the fiscal first quarter, beating estimates, driven by "sustained momentum on its platform push, broad product adoption, slight acceleration in RPO, and solid cost discipline," Kidron said. The company reported "standout" results for SASE, with 20% year-on-year growth in customers and over 40% growth in deals worth over $1M, and for Cortex, with 180% growth in over $1M XSIAM ARR customers, he added.
"Looking ahead, we see an attractive outlook, and believe easing firewall headwinds, an opportunity to leverage its SASE footprint to drive displacements in the upcoming firewall refresh cycle, and a &gt;$1.5B bookings opportunity with QRadar customers can deliver upside to the current outlook," the analyst further wrote.
WestPark Capital: Palo Alto Networks' revenue growth came in slightly above 14%, higher than the estimate of 12%-13%, Rodriguez said. The company's strong NGS ARR growth of 40% was helped by the inclusion of QRadar migrations, he added.
Management guided to revenues in the range of $2.22 billion to $2.25 billion for the fiscal second quarter and $9.12 billion to $9.17 billion for the full year, the analyst stated. Booking from QRadar to XSIAM transactions have already exceeded $80 million since the deal announcement in May, he further mentioned.
Price Action: Shares of Palo Alto Networkshad declined by 1.04% to $388.80 at the time of publication on Thursday.
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Macro investor Jim Bianco, president of Bianco Research, has sparked a heated debate on Twitter about the potential long-term value of Bitcoin and its implications for <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41170398/bitcoin-gold-are-the-debasement-trade-in-uncertain-times-jpmorgan">the global economy.</a>
What Happened: Responding to the prediction of MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) executive chairman Michael Saylor that Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) could hit $13 million by 2045, Bianco noted in a post on X on Thursday that this valuation would put Bitcoin&#8217;s market cap at around $250 trillion.
This would dwarf the current world GDP of $105 trillion and global stock markets valued at $125 trillion.
However, Bianco questions what $13 million would actually buy in 2045—perhaps only what $100,000 buys today. 
His answer was stark: &#8220;I&#8217;ll offer an answer: $13 million BTC, or adding $250 trillion to wealth, will create massive hyperinflation.&#8221;
The financial analyst argued that such a dramatic increase in Bitcoin&#8217;s value would likely coincide with &#8211; or result from &#8211; the collapse of fiat currencies. In this scenario, &#8220;$13 million in 2045 will only get you the same amount as $100k today, probably less (a used Honda),&#8221; Bianco stated.
While acknowledging that a $13 million Bitcoin price isn&#8217;t necessarily unrealistic, Bianco cautioned that the conditions leading to such a valuation would be far from ideal. &#8220;It is the destruction of all value as we currently know it. It is replaced by a new measure of account, BTC,&#8221; he explained.
Bianco also raised concerns about the societal implications of such a scenario. He pointed out that &#8220;60% of the US population owns no assets and cannot come up $1,000 in an emergency,&#8221; questioning what would happen to these individuals in a world of massive hyperinflation and sky-high Bitcoin prices.
Echoing Robert Kiyosaki's thoughts, Bianco concluded "This is not something to look forward to." Kiyosaki in his recent tweet <a href="https://x.com/theRealKiyosaki/status/1859058685403881798">advised</a> to buy Bitcoin today as with "$9,000 today…. you buy .01 Bitcoin today…you are a millionaire tomorrow."
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Why It Matters: Bianco isn't alone in his skepticism. Economists Erzo G.J. Luttmer and Amol Amol share a similar sentiment, describing Bitcoin as a <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41575813/is-bitcoin-a-dangerous-economic-threat-minneapolis-fed-researchers-propose-heavy-taxation-">disruptive force to government fiscal policies</a>, likening it to &#8220;an unruly guest at a carefully planned dinner.&#8221;
Peter Schiff, a long-time Bitcoin critic, also warns against such scenarios. He argues that if the U.S. were to hold Bitcoin reserves, it could trigger hyperinflation by forcing the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41886523/peter-schiff-us-bitcoin-reserve-could-destroy-dollar-predicts-its-highly-unlikely-to-happen">government to print more dollars</a>, devastating both Bitcoin and the dollar's value.
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Image: Shutterstock

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