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

2026-10-25 12:45 • The Motley Fool Mixed Axe Cap view: Selective

The Vanguard Information Technology ETF (VGT) is highlighted as a potential rebound candidate following market sell-offs. With a $149 billion AUM, 318 holdings, and a low 0.09% expense ratio, the ETF has historically recovered sharply after pullbacks. Despite tech sector volatility in 2026, VGT is up 28% year-to-date, with significant exposure to semiconductor stocks (43.6%) and mega-cap tech names like Nvidia, Apple, and Microsoft.

Axe note: The US tech-heavy Vanguard Information Technology ETF looks strong on paper but carries local risks for JSE investors.

2026-10-25 12:30 • The Motley Fool Positive Axe Cap view: Selective

GE Vernova's wind turbine business is declining sharply with Q2 revenue down 11% and orders down 40%, but this is being offset by strong growth in its natural gas turbine business, which saw 14% revenue growth and 135% order growth. The company's total combined orders reached a record $24.2 billion in Q2, with only 20% of the power division backlog from AI data centers, reducing dependency on that sector.

Axe note: GE Vernova’s sharp wind business decline is offset by booming gas turbine orders, offering a mixed signal for energy investors.

2026-10-25 12:20 • The Motley Fool Positive Axe Cap view: Selective

Palantir Technologies has surged over 1,000% in three years as an AI stock that helps organizations unify databases and detect patterns. With 93% YoY revenue growth and 62% operating margins, analysts project a $10,000 investment could grow to $27,000 over 10 years assuming 20% annual growth. However, the stock trades at expensive valuations (P/E of 167) and faces risks from competition and market sentiment shifts.

Axe note: Palantir’s rapid revenue growth and profitability impress, but sky-high valuations temper enthusiasm.