$PANW ▲ +3.7% - Palo Alto Networks, Inc. $PANW CEO on neocloud economics: "In 2 years from now you will be able to buy a neocloud for less than they raise at today." "Neoclouds are a capex & IRR business, when supply demand finds balance, equity will normalize. Equity to fund Capex only works in a euphoric market." 27-AUG-2026 09:11 AM