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2026-07-31 12:30 • The Motley Fool Negative Axe Cap view: Selective

The article examines three space economy ETFs as alternatives to direct SpaceX investment. While McKinsey predicts the global space economy will grow from $630 billion in 2023 to $1.79 trillion by 2035, all three featured ETFs have underperformed broad market indexes like the S&P 500, with high 0.75% expense ratios cited as a concern. The author recommends low-cost broad market index funds over these space-focused ETFs.

Axe note: Three popular space economy ETFs lag broad markets, raising doubts for South African investors seeking thematic exposure.

2026-07-31 12:21 • The Motley Fool Neutral Axe Cap view: Neutral

Clover Health CEO Andrew Toy sold 62,711 shares worth ~$292,860 on July 15, 2026, to cover tax withholding obligations from RSU vesting. The sale is non-discretionary and doesn't reflect a change in conviction. Toy retains a $44.68 million stake (~2% ownership). The stock has gained 57% over the past year but dropped 20% in July following a data breach disclosure. Q2 earnings are expected in early August.

Axe note: CEO Andrew Toy’s recent sell reflects tax needs, not loss of faith, but upcoming earnings and data breach warrant caution.

2026-07-31 12:15 • The Motley Fool Positive Axe Cap view: Selective

Arm Holdings beat earnings expectations with 22% revenue growth to $1.29B and strong data center performance. The company's upcoming AGI CPU chip, already oversubscribed with demand more than double expectations, is positioned to drive future growth. Investors should monitor the CPU addressable market (TAM) forecasts, which have risen to $220B according to AMD's recent estimates, significantly higher than Arm's conservative $100B projection for fiscal 2031.

Axe note: Arm’s strong earnings and ambitious new CPU project signal significant upside if the AI chip market expands as expected.