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

2026-09-02 15:30 • The Motley Fool Positive Axe Cap view: Selective

AMD is shifting its AI strategy toward inference with potential growth drivers including Helios, Instinct systems, high-bandwidth memory, and improved software. However, the company's premium valuation creates high execution pressure. Success depends on inference becoming a major profit engine and converting deployments into sustained earnings growth.

Axe note: AMD’s shift toward AI inference offers growth but demands flawless execution to justify its valuation.

2026-09-02 15:30 • The Motley Fool Positive Axe Cap view: Selective

A Motley Fool contributor recommends the Schwab U.S. Dividend Equity ETF (SCHD) as a single buy-and-hold dividend investment. The ETF tracks 100 U.S. stocks with consistent dividend histories and strong fundamentals, features an ultra-low 0.06% expense ratio, and holds well-known companies like Home Depot, Merck, and Procter & Gamble with evenly weighted top holdings to diffuse risk.

Axe note: A low-cost U.S. dividend ETF offers a disciplined option amid South Africa's income volatility.

2026-09-02 15:20 • The Motley Fool Negative Axe Cap view: Selective

QuantumScape's stock has plummeted 96% from its all-time high as the solid-state battery developer has failed to commercialize any batteries or generate meaningful revenue despite earlier promises. The company now expects commercial readiness not until 2029 and faces intensifying competition from other automakers and startups. With a $3.4 billion valuation but no revenue, the outlook remains murky.

Axe note: QuantumScape’s tumble raises questions about solid-state batteries and how local investors should watch Rand exposure.