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

Robinhood Now Runs 13 Revenue Lines Above $100 Million a Year. A 2-Month-Old Network Could Be Next.

2026-09-04 02:26 • The Motley Fool Positive Axe Cap view: Selective

Robinhood has achieved 13 business lines generating $100+ million in annualized revenue, with its newly launched blockchain network (Robinhood Chain) potentially becoming the 14th. The company reported record Q2 revenue of $1.31 billion, up 32% year-over-year, driven by diversification across options, crypto, event contracts, and margin lending. However, the analyst notes valuation concerns, with shares trading at 43x forward earnings compared to Charles Schwab's 14x, recommending a hold despite strong growth.

Axe note: Robinhood’s broad revenue streams and new blockchain venture impress, yet stretched valuation suggests caution.

Nvidia Just Delivered a Massive Warning to AMD and Intel Stock Investors

2026-09-04 00:23 • The Motley Fool Mixed Axe Cap view: Selective

Nvidia reported strong Q2 fiscal 2027 results with 106% revenue growth, driven by data center dominance. The company is aggressively expanding into the server CPU market with its Vera CPU, expecting $20 billion in revenue by 2026 and more than doubling in fiscal 2028. This poses a significant threat to AMD and Intel, which currently dominate the server CPU space but are growing at slower rates. Nvidia's Arm-based architecture is gaining market share as Arm-based CPUs are expected to capture 90% of the server CPU market by 2029.

Axe note: Nvidia’s explosive growth in server CPUs challenges AMD and Intel’s dominance amid a shift to Arm architecture.

PepsiCo vs. Coca-Cola: Which Stock Has the Edge?

2026-09-04 00:17 • Zacks Investment Research Positive Axe Cap view: Selective

Coca-Cola (KO) demonstrates stronger fundamental performance compared to PepsiCo (PEP), with better volume trends, margin expansion, and higher earnings growth expectations. While PEP trades at a discount valuation, KO's superior operating metrics and 27% YTD outperformance justify its premium valuation, earning it a Zacks Rank #2 (Buy) versus PEP's Rank #3 (Hold).

Axe note: KO’s strong sales and margin gains highlight its global edge, leaving PepsiCo trailing despite cheaper valuation.

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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