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

2026-09-03 02:16 • The Motley Fool Positive Axe Cap view: Selective

Eos Energy Enterprises stock surged 18.75% after announcing a partnership with Google and MN8 Energy for the Mammoth Solar project in West Virginia. The utility-scale solar project will utilize Eos' Z3 zinc-based long-duration energy storage technology to store solar power for up to 10 hours, enabling better alignment with data center power demands. Commercial operations are projected to begin in 2028, with storage solutions coming online in 2029-2030.

Axe note: Eos Energy stock jumped on a major solar storage partnership, spotlighting a key energy trend with limited local direct plays.

2026-09-03 02:15 • The Motley Fool Positive Axe Cap view: Selective

Major property and casualty insurers Progressive, Chubb, and Prudential are executing significant stock buybacks as insurance pricing becomes more competitive. Global insurance rates fell 6% in Q2 2026, with property rates dropping 12%, pressuring profitability. Stock buybacks help offset earnings weakness by reducing share counts, allowing earnings per share to remain stable even as underlying business performance weakens.

Axe note: Global insurers are using buybacks to cushion earnings amid softer pricing, a strategy worth watching locally.

2026-09-03 01:28 • The Motley Fool Positive Axe Cap view: Selective

The article compares Amazon and Uber as high-growth tech investments for 2026. Amazon dominates e-commerce and cloud computing with $716.9B revenue and 10.8% net margin, while Uber has transitioned to profitability with $52B revenue and 19.3% net margin. Both companies are investing in autonomous vehicles, with Amazon's Zoox partnering with Uber's platform. The author recommends Uber as the better buy due to its lower valuation (P/E 17.2x vs 23.9x) and leadership position in global AV ride-hailing, though Amazon remains a solid portfolio addition given AWS's strong 37% YoY growth.

Axe note: Uber’s profit turnaround and valuation edge make it a more compelling bet than Amazon for growth investors eyeing 2026.