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

2026-08-11 07:30 • The Motley Fool Positive Axe Cap view: Selective

Zillow stock has declined 60% over the past year and dropped 13% in a single day in early August. While the real estate market is challenging and Google's expansion into real estate listings poses a threat, Zillow shows promise through AI implementation that increases user engagement and time spent on the platform. The company remains profitable despite headwinds, though investors should consider their risk tolerance and time horizon.

Axe note: Zillow’s shares fell sharply amid a tough US housing market and rising Google competition, despite promising AI-driven engagement.

2026-08-11 07:07 • The Motley Fool Neutral Axe Cap view: Neutral

Intel Foundry achieved 31% revenue growth to $5.8 billion in Q2 2026, but posted a $2.1 billion operating loss. While the loss per revenue dollar improved significantly from 72 cents to 36 cents year-over-year, nearly 95% of foundry revenue still comes from Intel's internal operations rather than external customers. The unit aims for break-even in 2027, but the stock's valuation at 60x forward earnings assumes the foundry bet has already succeeded.

Axe note: Intel’s chip-making arm grew revenues 31% but posted a $2.1 billion loss in Q2, raising questions about its turnaround.

2026-08-11 07:05 • The Motley Fool Positive Axe Cap view: Selective

The Global X MLP ETF offers a 7% dividend yield, potentially generating $700 annually on a $10,000 investment. Rising demand for natural gas to power AI data centers is driving investment in Master Limited Partnerships (MLPs) and pipeline companies, with potential for both dividend income and capital appreciation as hyperscalers increase gas consumption.

Axe note: Rising global natural gas demand for AI data centers is boosting US pipeline stocks, but what does this mean for JSE investors?