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

C3.ai vs. Salesforce: Which Software Stock Pursuing Artificial Intelligence Is a Better Buy in 2026?
2026-08-11 18:30 The Motley Fool Mixed Axe Cap view: Selective

The article compares C3.ai and Salesforce as AI-focused software investments. C3.ai faces significant challenges with a 35.7% revenue decline, $470.4M net loss, negative free cash flow, and customer concentration risk. Salesforce demonstrates strong fundamentals with $41.5B revenue (+9.6% YoY), $7.5B net income, and robust AI product adoption ($3.4B ARR for Agentforce). The author recommends Salesforce as the better buy due to superior financial health and business momentum despite both stocks declining in 2026.

Axe note: Salesforce’s solid financial footing and AI adoption make it a safer bet than C3.ai amid industry challenges.

Aug. 6 Turned Out to Be a Nonevent for SpaceX. After a 15% Rally, Here's How High the Stock Could Still Climb in the Next 12 Months.
2026-08-11 18:30 The Motley Fool Positive Axe Cap view: Neutral

SpaceX's stock rallied 15.8% on August 6-7 when insider lockup restrictions expired, contrary to expectations of a decline. Despite the company's significant unprofitability ($4.9 billion net loss in 2025) and high capital expenditures, analysts maintain an optimistic outlook with a median price target of $217, suggesting potential 63% upside from the August 6 closing price of $133.11.

Axe note: SpaceX’s strong post-lockup rally suggests confidence despite deep losses and heavy spending.

D-Wave's Revenue Fell 44% in a Year. Its Market Value Rose 38%.
2026-08-11 18:23 The Motley Fool Neutral Axe Cap view: Selective

D-Wave Quantum's revenue declined 44% to $12.4 million year-over-year, yet its market value surged 38% to $7.5 billion. The divergence reflects strong future demand signals: first-half bookings jumped over 1,100% to $35.5 million (including a $20 million system sale), and remaining performance obligations reached $40.7 million. However, the company trades at 600x trailing revenue with significant losses ($48 million net loss in Q2 2026), requiring years of growth to justify its valuation.

Axe note: D-Wave’s revenue drops but market value surges on future bookings, posing a risky bet.

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