Clear market notes built around the JSE, the rand, and what matters locally.

2026-10-16 10:40 • The Motley Fool Positive Axe Cap view: Selective

The robotaxi industry is creating a strategic divide between Transportation-as-a-Service (TaaS) companies like Tesla and Waymo that aim to own the customer relationship, and traditional automakers like Ford and GM that prefer selling autonomous vehicles to consumers. EVs' superior cost-per-mile economics make them ideal for continuous robotaxi operation, but the market will likely support both models. Tesla and BYD hold advantages due to their leading EV hardware positions, though Tesla's stock is heavily priced on successful robotaxi rollout assumptions.

Axe note: Tesla and BYD lead the charge in robotaxis, while traditional automakers stick to selling cars to drivers.

2026-10-16 10:30 • The Motley Fool Positive Axe Cap view: Selective

Nvidia and SpaceX are compared as AI investment options. Nvidia, valued at $5.5 trillion, is a hardware play providing GPUs for AI workloads, while SpaceX, valued at $2 trillion, is an application play through its xAI subsidiary producing the Grok AI model. Despite SpaceX's faster growth, Nvidia is recommended as the better AI stock due to its established market dominance, doubling revenue, and significantly cheaper valuation relative to revenue.

Axe note: Nvidia’s solid GPU lead beats SpaceX’s AI hype, with clearer value and safer growth—especially for rand investors.

2026-10-16 10:26 • The Motley Fool Positive Axe Cap view: Selective

Lowe's stock has declined 23% year-to-date and hit a 52-week low following reduced guidance in Q2 earnings, driven by weak consumer spending on home improvement amid high mortgage rates and inflation. However, the article argues this presents a buying opportunity due to the stock's attractive P/E ratio of 16 (lowest in 3 years), strong dividend history (55 consecutive years of increases), solid free cash flow, and potential recovery when housing market conditions improve. Wall Street analysts are bullish with a median price target suggesting 36% upside.

Axe note: Lowe’s recent 23% fall offers a US dividend gem—but how does it translate to the JSE and rand investors?