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.

What you will find here:

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 market stories

Arm vs. ASML: Which Semiconductor Stock Is a Better Buy in 2026?

2026-10-01 18:37 • The Motley Fool Positive Axe Cap view: Selective

The article compares Arm Holdings and ASML as semiconductor investment options. Arm licenses chip designs with a high-margin business model (93.88% gross margin, P/E 297.15), while ASML manufactures essential lithography equipment with a monopoly position (52.73% gross margin, P/E 56.35). The author recommends ASML due to its irreplaceable role as the sole provider of extreme ultraviolet lithography machines critical to advanced chip production, despite Arm's consistent growth in mobile and data center segments.

Axe note: Between Arm’s high-margin chip designs and ASML’s monopoly in lithography, South African investors might find more clarity betting on ASML.

Where Will Palantir Stock Be in 5 Years?

2026-10-01 18:31 • The Motley Fool Positive Axe Cap view: Selective

Palantir Technologies has surged 60% in three months, driven by its AI platform (AIP) success. The company is growing faster than the broader AI software platforms market, which is projected to expand from $110B (2025) to $497B-$811B (2030). With projected 2026 revenue of $8.16B (82% growth), Palantir could reach $85.5B in revenue by 2031 at 60% annual growth, potentially delivering 90% upside if valued at 10x sales.

Axe note: Palantir’s rapid AI-driven revenue growth looks impressive, but South African investors should weigh local currency and sector impacts before jumping in.

Should You Buy Nvidia Stock in October? What Its Decade-Low Valuation Signals

2026-10-01 18:30 • The Motley Fool Positive Axe Cap view: Selective

Nvidia stock is trading at a decade-low valuation of 28x trailing earnings amid market headwinds from inflation and geopolitical concerns. Despite a slowdown from its explosive growth trajectory, the company remains well-positioned in the AI market with strong fundamentals, triple-digit revenue and profit growth, and a comprehensive product ecosystem. Analysts recommend buying for long-term investors given the early-stage AI market opportunity expected to reach trillions of dollars.

Axe note: Nvidia’s valuation hits decade lows amid AI hype and market worries—what does this mean for South African investors?

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What we follow

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

JSE and rand