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

The Zacks Analyst Blog Highlights Palo Alto Networks, CrowdStrike and Fortinet

2026-09-03 12:46 • Zacks Investment Research Positive Axe Cap view: Selective

Palo Alto Networks delivered strong quarterly results with $9.1B in Next-Generation Security ARR, up 63% year-over-year, and added nearly $1B in net new ARR in Q4 FY2026. The company projects continued robust growth with NGS ARR expected to reach $11.075-$11.175B in FY2027 (22-23% YoY growth). With strong profitability, improving cash flow, and attractive valuation relative to peers, Palo Alto Networks receives a Zacks Rank #2 (Buy) rating.

Axe note: Palo Alto Networks shows strong ARR growth and profitability, offering useful lessons for rand investors watching global tech.

John Wiley & Sons (WLY) Beats Q1 Earnings and Revenue Estimates

2026-09-03 12:45 • Zacks Investment Research Negative Axe Cap view: Neutral

John Wiley & Sons reported Q3 2026 earnings of $0.44 per share, beating consensus estimates of $0.40, with a 10% earnings surprise. However, revenues of $386.36 million slightly exceeded expectations while declining year-over-year. The stock has surged 66.7% year-to-date but carries a Zacks Rank #3 (Hold) rating due to mixed estimate revisions. The Publishing - Books industry ranks in the bottom 3% of Zacks industries, presenting significant headwinds for future performance.

Axe note: John Wiley & Sons beats earnings estimates but faces headwinds in a struggling publishing sector.

Bet on 5 Top-Ranked Stocks With Rising P/E

2026-09-03 12:41 • Zacks Investment Research Positive Axe Cap view: Selective

The article explores how rising P/E ratios, combined with accelerating earnings growth and sustained price momentum, can indicate strong investment opportunities. Five stocks meeting these criteria are highlighted: CuriosityStream (CURI), Inovio Pharmaceuticals (INO), GDS Holdings (GDS), Nouveau Monde Graphite (NMG), and Cogent Communications (CCOI). These companies demonstrate consistent price gains relative to the S&P 500 and positive earnings trends.

Axe note: Global stocks with rising price-to-earnings ratios signal growth, yet local investors should focus on rand moves and domestic sectors.

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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