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A persistent myth holds that the choice of single quotes is more performant than double quotes. This is nonsense.
Relational databases are a good fit for most use cases, but there are some gotchas to be aware of when using them.
You'll often hear misleading claims that using an ORM makes for slower database queries. This is actually due to naive usage.
Performance benchmarks may seem a useful guide when picking a framework to develop your application in, but they need to be taken with a pinch of salt.
There are languages where the runtime is faster than PHP. However, that's often irrelevant since the language runtime isn't usually a significant bottleneck.
Laravel Octane is a useful way of improving application performance. However, it can't help with everything and you shouldn't use it as a crutch.