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

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.

2026-09-05 22:29 • The Motley Fool Positive Axe Cap view: Selective

Archer Aviation acquired three Boeing businesses including Wisk (autonomous eVTOL developer) and Insitu (profitable drone manufacturer generating $200M revenue). The author believes autonomous pilotless eVTOL technology could reduce operating costs by ~27% and position Archer as a highly profitable competitor in the emerging urban air mobility market, pending FAA certification.

Axe note: Archer Aviation’s acquisition strategy could reshape urban air mobility, but South African investors should tread carefully.