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

2026-09-27 15:03 • The Motley Fool Positive Axe Cap view: Selective

Intel CEO Lip-Bu Tan revealed that the company can only meet 50% of customer demand for server CPUs, indicating a significant supply shortage. While this benefits both Intel and AMD through potential price increases, AMD is positioned as the bigger beneficiary due to its superior technology, growing market share (34.5% vs Intel's declining share), and ability to ramp production with TSMC. AMD's data center revenue grew 107% year-over-year in Q2, and the company expects 80%+ growth in server revenue for H2 2026, compared to Intel's slowing growth trajectory.

Axe note: AMD is set to benefit more than Intel from a global server CPU shortage, potentially impacting the USD/ZAR and tech-linked stocks on the JSE.

2026-09-27 15:03 • The Motley Fool Positive Axe Cap view: Selective

With 10-year Treasury yields surpassing 5%, Realty Income (O) is presented as a superior alternative for long-term passive income investors. The REIT owns over 15,500 diversified properties, has increased its monthly dividend 136 times since 1994, and is expanding through joint ventures with KKR in private capital and data centers, positioning it for continued dividend growth unlike fixed Treasury coupons.

Axe note: With U.S. Treasury yields topping 5%, Realty Income’s steady dividends offer a compelling case for cautious South African investors seeking long-term income.

2026-09-27 14:30 • The Motley Fool Positive Axe Cap view: Selective

The Federal Reserve raised interest rates in September with expectations for another increase in October, reversing earlier predictions of rate cuts. The article recommends two ETFs positioned to thrive in a rising-rate environment: ProShares Equities for Rising Rates ETF (EQRR), which tracks stocks with high correlation to Treasury yields and returned 31% year-to-date, and iShares Core High Dividend ETF (HDV), which focuses on high-quality dividend stocks and returned 16% year-to-date.

Axe note: Fed hikes have shifted the spotlight to yields and dividend strength, shaping smarter JSE bets.