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

2026-09-06 04:32 • The Motley Fool Negative Axe Cap view: Selective

Grab's Chief Operating Officer Alexander Hungate sold approximately 145,000 Class A Ordinary Shares on September 2, 2026, at a weighted average price of $3.48 per share, totaling ~$506,000. The sale was part of a pre-arranged Rule 10b5-1 trading plan adopted in March 2026, representing 2% of his direct equity stake. Despite the transaction occurring near the stock's 52-week low amid a 28% one-year decline, Hungate retains over 6.1 million shares. The stock decline has been attributed to macroeconomic pressures, emerging market rotation, and the departure of Uber CEO Dara Khosrowshahi from Grab's board, though the company reported strong Q2 financial performance with 22% year-over-year sales growth.

Axe note: Grab’s COO reduced holdings alongside a 28% stock drop despite strong revenue growth.

2026-09-06 03:26 • The Motley Fool Negative Axe Cap view: Selective

Michael Burry, the investor behind 'The Big Short,' argues that Palantir Technologies' financial profile resembles a consulting firm rather than a software company, citing faster-growing accounts receivable than revenue, concentrated customer payments, and deferred revenue ratios similar to Accenture. Burry holds put options betting against the stock and suggests it could fall from its current $420 billion valuation to below $100 billion, though the company reported strong 93% year-over-year revenue growth.

Axe note: Michael Burry questions Palantir’s true business model, hinting at valuation risks.

2026-09-05 23:30 • The Motley Fool Positive Axe Cap view: Selective

Bill Gates reiterates his stance against cryptocurrency investment, describing Bitcoin as a 'mania-driven asset' lacking fundamental value. Unlike stocks in productive companies that generate revenue and earnings, Bitcoin's value depends solely on future buyer demand. While Bitcoin could continue appreciating, Gates argues that diversified stock portfolios offer a more tangible foundation for long-term wealth building.

Axe note: Bill Gates calls cryptocurrency a 'mania-driven asset' and prefers stocks for long-term wealth, a view with clear implications for South African investors.