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2026-10-02 11:30 • The Motley Fool Positive Axe Cap view: Selective

The article argues that the Global X Artificial Intelligence & Technology ETF (AIQ) offers a better approach to AI investing than concentrated semiconductor-focused ETFs. With $1 trillion in expected AI spending by 2026, the author recommends broad exposure to the AI theme across multiple segments including software, cloud computing, and hardware rather than betting on individual winners.

Axe note: The Global X AI & Tech ETF (AIQ) offers safer, diversified AI exposure versus semiconductor-heavy picks.

2026-10-02 11:15 • The Motley Fool Positive Axe Cap view: Selective

Marvell Technology raised its fiscal 2028 revenue outlook to $18 billion with custom silicon expected to more than double. A major deal with Google worth $120 billion in cumulative revenue over six years, spanning accelerators and controllers, could significantly extend the company's growth runway as hyperscalers invest heavily in custom AI chips for data centers.

Axe note: Marvell’s multi-billion dollar contract with Google to supply custom AI chips boosts growth but carries valuation risks for JSE-linked portfolios.

2026-10-02 11:06 • The Motley Fool Positive Axe Cap view: Selective

Social Security's 2027 cost-of-living adjustment (COLA) is projected to exceed the previously estimated 3.5% raise, driven by two main factors: surging energy prices following the Iran war closing the Strait of Hormuz, and inflationary pressures from the AI infrastructure boom. Rising diesel prices, GPU costs, and increased electricity demand from AI data centers are pushing consumer prices higher, which will be reflected in the final inflation report on October 14, 2026.

Axe note: US cost-of-living adjustments and energy-driven inflation hint at more rate hikes, impacting rand currencies and South African lenders.