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

Tech Stock Sell-Off: This Could Be the Most Powerful Reason to Buy Bonds Right Now

2026-10-24 10:50 • The Motley Fool Positive Axe Cap view: Selective

Following a 6.5% tech stock sell-off in October, bond yields have risen above 5%, making bonds an attractive diversification tool. Recent market behavior shows Treasury bonds are regaining their 'safe-haven' status as investors flee risky stocks, with bond prices rising when tech stocks decline. This contrasts with 2022 when both stocks and bonds fell together, suggesting bonds may better protect portfolios during future market downturns.

Axe note: A sharp tech sell-off is reviving bonds’ appeal as a portfolio stabilizer, especially in rand terms.

Caterpillar Is Quietly Becoming an AI Stock. Here's the Segment Growing 72% That Proves It.

2026-10-24 10:37 • The Motley Fool Positive Axe Cap view: Selective

Caterpillar's power generation equipment segment is experiencing explosive growth driven by AI data center demand, with retail sales climbing 72% in Q2. The company's backlog has expanded 92% to a record $72 billion, with customers placing orders through 2030. As data centers consume increasing amounts of electricity (projected to double by 2030), Caterpillar positions itself as an indirect AI beneficiary through its power and energy solutions.

Axe note: Caterpillar’s booming power generation segment is riding the AI data center wave, pushing backlog and sales sharply higher.

Better Buy: Solana vs. XRP

2026-10-24 10:30 • The Motley Fool Neutral Axe Cap view: Selective

Crypto analyst compares two major blockchain networks: XRP (market cap $82B) and Solana (market cap $61B). Both operate fast blockchain networks capable of processing thousands of transactions per second. XRP is backed by Ripple, which offers payment solutions and stablecoins, while Solana has emerged as a leading network for stablecoin activity with over $16B in circulating supply. The analyst recommends Solana as the better buy due to higher network activity, greater transaction processing capacity, and stronger stablecoin adoption.

Axe note: Solana edges out XRP in network activity and stablecoin adoption, but how does this really matter for South African investors?

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