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

2026-09-02 09:30 • The Motley Fool Positive Axe Cap view: Selective

Energy stocks offer attractive dividend yields, with midstream companies currently outpaying major oil producers. While ExxonMobil and Chevron provide solid yields around 2.5-3.5% backed by decades of dividend growth, midstream companies like Enterprise Products Partners and Enbridge offer higher yields of 5.5-5.8%, though with added tax complexity. Both sectors have strong growth prospects through major capital projects and strategic expansions.

Axe note: Midstream firms on the JSE remain off the radar, but South African investors can watch Sasol closely as global energy dynamics play out.

2026-09-02 09:22 • The Motley Fool Positive Axe Cap view: Selective

Criminal use of AI tools to steal cryptocurrency has surged 40% in the past year, with major hacks stealing $577 million in April alone. The article recommends four security measures: using regulated domestic exchanges like Coinbase, holding crypto through spot ETFs with custodians, employing hot/cold wallet strategies, and never sharing account credentials or private keys with anyone.

Axe note: Rising AI-driven hacks in crypto underscore the value of safer, regulated entry points for South African investors.

2026-09-02 09:21 • The Motley Fool Neutral Axe Cap view: Selective

SpaceX and Anthropic are set to be among the largest IPOs ever in 2026. SpaceX, which debuted in June with a $1.9 trillion market cap, is primarily driven by its profitable Starlink satellite internet business but faces challenges in its space and AI segments. Anthropic, planning an IPO this fall at a $2 trillion valuation, has achieved hyperbolic revenue growth (14x year-over-year to $11.5B in Q2) while remaining profitable, positioning itself as a leader in enterprise AI. The analyst recommends Anthropic as the better investment due to its stronger profitability and market position.

Axe note: Two giant tech IPOs loom, but only one offers clearer profitability and less speculation for SA investors.