Axe Capital Investments

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

Axe Capital Trading News shares simple market takes on the stories moving South African shares, the rand, and a handful of major currency pairs.

Coverage focus:

1. JSE shares, South African companies, and the local knock-on effects of big market news.

2. The rand, interest rates, and a small group of forex pairs, with USD/ZAR at the centre.

3. Global stories only when they can actually change how a local investor might act.

Latest Finance Headlines

Why Is Micron Stock Still Falling?

2026-07-16 14:36 • The Motley Fool Positive Axe Cap view: Selective

Micron stock fell 3.2% following TSMC's strong Q2 earnings report and increased capital spending guidance, despite this being positive news for Micron's memory chip demand. The article argues the sell-off is illogical, as TSMC's increased AI chip production will drive demand for Micron's HBM memory chips. Additionally, Micron signed strategic supply agreements with seven major automotive suppliers, providing revenue certainty and margin protection.

Axe note: Micron’s shares fell despite strong signals from TSMC and new supply deals, creating an odd disconnect worth watching.

AST SpaceMobile vs. Rocket Lab: 1 Number Separates These Space Stocks

2026-07-16 14:30 • The Motley Fool Positive Axe Cap view: Selective

Rocket Lab generates approximately $200 million in quarterly revenue with 60% year-over-year growth and a $2 billion backlog, while AST SpaceMobile expects only $150-200 million for all of 2026. Rocket Lab represents a lower-risk, established business with proven revenue streams, whereas AST SpaceMobile is transitioning from development to commercial service with higher upside potential if its satellite-to-phone technology scales successfully.

Axe note: Rocket Lab’s proven revenue dwarfs AST SpaceMobile's early promise, making it the safer bet for investors eyeing space stocks.

Tesla and Rivian Are Both Down 12%. Here's the Better Buy for the Second Half of 2026.

2026-07-16 14:20 • The Motley Fool Positive Axe Cap view: Selective

Both Tesla and Rivian have declined 12% in 2026, but they represent different investment theses. Tesla is pursuing autonomous robotaxi services with significant long-term potential but faces valuation risks and repeated delays. Rivian offers a more concrete near-term catalyst with its R2 mass-market SUV launch and Volkswagen partnership worth up to $5.8 billion. For the second half of 2026, Rivian presents a more compelling opportunity despite higher execution risk, while Tesla remains the safer long-term blue-chip EV holding.

Axe note: Rivian’s upcoming R2 SUV launch and Volkswagen deal make it a more actionable EV bet than Tesla for the rest of 2026.

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We keep the focus on JSE shares, the rand, and the currency moves that matter most to South African investors.

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