Skip to content
Axe Capital logo Axe Capital Trading News

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

Why Cardinal Infrastructure Group Stock Just Crashed
2026-08-11 15:33 The Motley Fool Negative Axe Cap view: Selective

Cardinal Infrastructure Group's stock plummeted 27.78% after reporting mixed Q2 earnings. While the company beat revenue expectations ($226.9M vs. $274.7M estimate) and raised full-year guidance to $880-900M, it missed earnings estimates significantly ($0.26 vs. $0.47 per share). Investor concerns center on contracting margins (16-18% guidance down from 20%+) and decelerating backlog growth (35% vs. 60% YoY), suggesting weakening business quality despite strong headline revenue numbers.

Axe note: Cardinal's stock tanked after profits fell short and margins showed signs of shrinking.

Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
2026-08-11 15:33 The Motley Fool Positive Axe Cap view: Selective

Cathie Wood's Ark Invest added to positions in Nvidia, Broadcom, and Cloudflare on Monday. Nvidia was purchased across five of Ark's six ETFs despite a 3% decline, trading at attractive valuations relative to its accelerating growth. Broadcom, which has seen 15% decline from recent highs, offers compelling valuations with 84% projected revenue growth. Cloudflare rebounded to all-time highs with strong 36% revenue growth as cybersecurity demand strengthens.

Axe note: Cathie Wood’s recent buys in AI-focused Nvidia, Broadcom, and Cloudflare spotlight themes relevant for JSE investors navigating USD/ZAR and local tech exposure.

Down 0.5% in 2026, Is Palantir Stock a Buy?
2026-08-11 15:30 The Motley Fool Neutral Axe Cap view: Neutral

Palantir Technologies has underperformed the market in 2026 despite accelerating AI-driven revenue growth of 93% year-over-year and strong commercial momentum. The company's security-focused approach and high profit margins (55% net margin) are attracting enterprise and government clients, but the stock's valuation of 50x 2026 revenue and 108x forward earnings presents significant risk if growth slows.

Axe note: Despite nearly doubling revenue, Palantir’s steep multiples warrant a cautious stance for South African investors.

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