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

Better Cloud AI Pick: CoreWeave or Nebius Group?

2026-10-08 15:45 • The Motley Fool Positive Axe Cap view: Selective

CoreWeave and Nebius are competing AI cloud computing providers with impressive growth rates. Nebius grew 454% in Q2 versus CoreWeave's 112%, but CoreWeave is projected to have significantly larger revenue ($26.3B vs $12.3B by 2027) and is closer to profitability. The article concludes CoreWeave appears to be the better value pick, though both companies carry significant execution risk.

Axe note: CoreWeave offers a more balanced AI cloud investment versus Nebius’ breakneck growth but higher risk.

Chainlink Just Released a New Version of Its Blockchain Interoperability Protocol. Here's What It Means for LINK Investors.

2026-10-08 15:37 • The Motley Fool Positive Axe Cap view: Selective

Chainlink released CCIP 2.0 on Sept. 28, an upgraded blockchain interoperability protocol featuring enhanced security through multi-verifier approval systems and compliance tools. While the upgrade addresses security concerns from recent bridge hacks and supports $84 billion in cross-chain token value, adoption remains limited with only one named verifier adopter. LINK token prices fell 5.8% post-release, reflecting investor skepticism about whether major banks will actually use the new infrastructure.

Axe note: Chainlink’s latest interoperability upgrade promises security but faces uphill adoption challenges.

Is the Buffett Indicator Flashing a Warning Sign to Stock Market Investors?

2026-10-08 15:30 • The Motley Fool Negative Axe Cap view: Selective

The Buffett indicator, which measures U.S. stock market capitalization relative to GDP, currently sits at 236%—essentially its highest level ever—suggesting stocks are extremely overvalued. While the S&P 500 has delivered impressive 324% total returns over the past decade (15.5% annualized), the metric raises concerns about future returns. However, the indicator has limitations: it doesn't account for foreign revenue generated by U.S. companies and ignores the impact of increased money supply. Investors should use it as a market understanding tool rather than a timing mechanism.

Axe note: U.S. equity valuations hit record highs, but the fallout for JSE investors depends on rand moves and local earnings resilience.

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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