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

2026-07-28 03:18 • The Motley Fool Negative Axe Cap view: Selective

Nvidia shares dropped 4.97% following reports that the chipmaker is in discussions to guarantee $250 billion in financing for a data center project in Ohio and potentially another $350 billion to finance OpenAI's AI chip purchases. Investors are concerned about circular financing arrangements that could increasingly tie Nvidia to OpenAI's fate, particularly given OpenAI's unprofitability and intensifying competition in the AI sector.

Axe note: Nvidia’s stock slide reflects fears over its deepening financial ties to OpenAI and big data center bets.

2026-07-28 01:20 • The Motley Fool Positive Axe Cap view: Selective

D-Wave Quantum's stock surged 20.20% after expanding its partnership with AT&T. Early tests showed D-Wave's quantum technology reduced AT&T's network optimization process runtime from one hour to under 15 seconds. AT&T plans to expand the technology to outage detection, network planning, and traffic management. Benchmark analyst Gary Mobley maintains a buy rating with a $30 price target, representing over 50% upside.

Axe note: D-Wave Quantum’s big jump after AT&T partnership highlights tech’s real-world promise, but South African investors should stay measured.

2026-07-28 01:15 • The Motley Fool Positive Axe Cap view: Selective

Insurance companies can be powerful long-term compounders due to their ability to invest the float—premiums collected before claims are paid out. Different insurers take varying approaches: aggressive investors like Berkshire Hathaway invest heavily in stocks and acquire companies, while conservative insurers like Progressive focus on bonds for stable income. Cincinnati Financial offers a middle ground with ~39% equity exposure and a 50+ year dividend increase streak.

Axe note: Insurance firms can grow wealth quietly through investing premiums before paying claims — a strategy worth watching on the JSE.