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

2026-08-08 16:31 • The Motley Fool Positive Axe Cap view: Selective

The article compares two energy infrastructure ETFs: Alerian MLP ETF (AMLP) offers a higher 7.4% dividend yield with concentrated holdings in 14 MLPs, while First Trust North American Energy Infrastructure Fund (EMLP) provides broader diversification across 56 holdings including utilities with a 2.8% yield. Despite AMLP's higher returns over 3 and 5 years, EMLP is recommended as the better buy based on superior 10-year performance (10% vs 7.1% annualized returns) and lower volatility.

Axe note: Between two leading US energy infrastructure ETFs, First Trust's EMLP offers a safer, steadier ride compared to the high-yield but concentrated AMLP.

2026-08-08 16:30 • The Motley Fool Positive Axe Cap view: Selective

Palantir has partnered with Nvidia to combine Palantir's mission-critical software with Nvidia's advanced AI hardware to create a secure operating system for governments and enterprises. The partnership aims to strengthen Palantir's competitive advantage through 'sovereign AI,' though questions remain about whether this justifies the company's premium valuation.

Axe note: Palantir's partnership with Nvidia boosts AI capabilities, but the local impact hinges on rand strength and sector exposure.

2026-08-08 16:30 • The Motley Fool Mixed Axe Cap view: Selective

Cameco reported disappointing Q2 earnings with revenue down 7% and EPS missing estimates significantly, but the miss was largely due to lower equity earnings from its Westinghouse investment. As Westinghouse prepares for an IPO, the investment could unlock substantial value for Cameco shareholders, with Westinghouse's valuation estimated to have grown from CA$8.2 billion to CA$10.8 billion since Cameco's 2023 acquisition of a 49% stake.

Axe note: Cameco’s earnings miss, driven by accounting quirks around Westinghouse, might actually signal a promising catalyst ahead.