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

Prediction: Amazon Will Join Nvidia, Apple, and Alphabet in the $4 Trillion Club Before 2029

2026-09-05 19:20 • The Motley Fool Positive Axe Cap view: Selective

Amazon, currently valued at $2.75 trillion, is predicted to reach a $4 trillion market cap by 2029, requiring approximately 45.5% stock growth. Despite underperforming the S&P 500 over the past five years, Amazon's strong AWS cloud infrastructure growth (37% YoY), AI-driven demand, and e-commerce dominance position it well for future gains. The company's potential margin improvements through automation and robotics, combined with digital advertising growth, provide multiple growth engines.

Axe note: Amazon’s cloud and AI growth could push it to a $4 trillion valuation by 2029, but local exposure is indirect.

Intuitive Surgical's Growth Has Cooled From Its Post-Pandemic Highs. Is That a Buying Opportunity or a Warning?

2026-09-05 19:15 • The Motley Fool Positive Axe Cap view: Selective

Intuitive Surgical's stock has declined 40% from recent highs amid slowing da Vinci robot sales growth due to increased competition from Medtronic and Johnson & Johnson. However, the company's core business model relies on recurring revenue from parts and services (75% of revenue), which provides stable annuity-like income streams. With valuation metrics below five-year averages and continued AI opportunities, the stock may represent a buying opportunity for aggressive growth investors despite its historical volatility.

Axe note: Intuitive Surgical’s run has cooled, but its revenue base still looks steady amid rising competition.

Warren Buffett's Successor Greg Abel Spent $4.5 Billion Buying 1 Stock Last Quarter, and He Spent At Least $3.3 Billion Buying More This Quarter

2026-09-05 16:30 • The Motley Fool Positive Axe Cap view: Selective

Greg Abel, Warren Buffett's successor as CEO of Berkshire Hathaway, has ended two notable investment streaks. He broke Buffett's 13-quarter net stock-selling streak by purchasing $23.5 billion in equities last quarter, with Alphabet being the largest purchase at $4.5 billion. Additionally, Abel resumed share buybacks after a six-quarter hiatus, spending $4.5 billion in the second quarter and at least $3.3 billion more in July, signaling management's belief that Berkshire stock is undervalued.

Axe note: Greg Abel's sharp pivot to buying stocks and share buybacks underlines a bullish view on value in the equity market.

See all market stories →

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