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

2026-09-30 17:45 • The Motley Fool Mixed Axe Cap view: Selective

Chinese automaker BYD is rapidly expanding its global presence, particularly in Europe where its sales jumped 131% in August and achieved 11.7% market share. BYD aims to surpass Toyota as the world's top-selling automaker by 2030, though U.S. tariffs currently block its entry into the American market. The company's growth demonstrates that Chinese automakers are now a serious competitive threat globally.

Axe note: Chinese EV maker BYD’s rapid global growth challenges old leaders and alters the competitive landscape.

2026-09-30 17:43 • The Motley Fool Positive Axe Cap view: Selective

ServiceNow is positioned as a major beneficiary of enterprise AI growth, with 90% of Fortune 500 companies as customers and partnerships with Nvidia, Microsoft, and Amazon. The company is experiencing accelerating growth driven by large customers upgrading subscriptions as AI costs rise, with Q2 showing 24% revenue growth and a 40% year-over-year increase in $1M+ contract values. Nvidia CEO Jensen Huang stated the market has undervalued ServiceNow, calling it 'destined to be the best platform' for enterprise AI.

Axe note: ServiceNow is rapidly becoming a key player in enterprise AI with strong growth and major tech partnerships.

2026-09-30 17:30 • The Motley Fool Mixed Axe Cap view: Selective

Michael Burry, famous for predicting the 2008 housing crisis, is now betting against AI stocks by purchasing put options on Nvidia, Micron, and Palantir. He warns of an impending 1987-style market crash driven by AI euphoria and unsustainable leverage. However, the article argues that unlike the dot-com bubble, these companies have real revenue and profitability, and Burry's bearish track record since 2008 suggests caution in following his predictions.

Axe note: Michael Burry bets against AI stocks, but South African investors should tread carefully.