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2026-07-22 12:30 • The Motley Fool Mixed Axe Cap view: Selective

TSMC reported blockbuster Q2 earnings with 34% YoY revenue growth and raised capex guidance to $60-64 billion, yet its stock fell 5% post-earnings. The market is concerned about being at the peak of the AI spending cycle. While both TSMC and Nvidia have proven resilience through market cycles, investors should prepare for potential dips as the market questions whether current growth can be sustained.

Axe note: TSMC’s strong results came with a caution that the AI investment peak might be near, challenging Nvidia’s rally and offering lessons for rand investors.

2026-07-22 12:25 • The Motley Fool Positive Axe Cap view: Neutral

Richard Schulze, founder and Chairman Emeritus of Best Buy, sold 900,000 shares worth approximately $74 million on July 13-14, 2026, through a pre-established Rule 10b5-1 plan. Despite the sale, Schulze retained over 11.6 million shares (6% of outstanding shares), suggesting continued confidence in the company. The sale occurred as Best Buy shares were rising, with the stock hitting a 52-week high of $87.35 shortly after. The company's strong fiscal Q1 performance, with revenue up to $8.9 billion and diluted EPS jumping to $1.31, supports the positive momentum.

Axe note: Best Buy's founder sold $74 million in shares under a pre-set plan, signaling prudent profit-taking rather than loss of faith.

2026-07-22 12:24 • The Motley Fool Negative Axe Cap view: Selective

CoreWeave's CFO Nitin Agrawal sold 65,055 shares worth $5.5 million on July 13, 2026, reducing his direct holdings by 34% through a prearranged Rule 10b5-1 plan. While the sale was non-discretionary, the significant reduction in insider ownership raises concerns for investors, particularly given the stock's 50% decline from its 52-week high and the company's mounting debt burden exceeding $25 billion.

Axe note: A significant insider sale at AI infrastructure firm CoreWeave raises red flags amid heavy debt and share price weakness.