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2026-07-29 00:12 • The Motley Fool Negative Axe Cap view: Neutral

Sandisk stock fell sharply (22.8% over two days) amid broader memory chip sector selloff. The stock presents a valuation puzzle: trading at 43x trailing earnings but only 7x forward earnings. This disconnect reflects the company's dramatic recovery from losses a year ago to $23 per share earnings as AI-driven NAND flash demand surged. The cheap forward multiple assumes earnings will continue climbing well beyond management's guidance, requiring sustained NAND price increases into 2027. While the company has secured multi-year supply agreements and maintains zero debt, the valuation carries significant cycle risk.

Axe note: Sandisk’s sharp valuation swing highlights the risk in betting on sustained NAND demand and earnings growth.

2026-07-29 00:06 • The Motley Fool Positive Axe Cap view: Selective

Royal Caribbean raised its full-year adjusted EPS guidance to $17.73-$17.87 (up from $17.10-$17.50) despite lowering revenue guidance to 9% growth. The cruise operator delivered strong Q2 results with 110% occupancy and beat earnings expectations at $4.21 EPS, though geopolitical tensions and higher fuel costs pressured margins. The company remains on track for its Perfecta program targeting 20% earnings CAGR through 2027.

Axe note: Royal Caribbean's strong earnings lift share prices, but the story has limited impact on Johannesburg investors for now.

2026-07-29 00:05 • The Motley Fool Neutral Axe Cap view: Selective

Ark Invest purchased over 160,000 Tesla shares worth $50.1 million following recent earnings and a stock price decline. While Ark remains bullish on Tesla's robotaxi potential with a 2029 price target of $2,600, the company has repeatedly delayed its autonomous vehicle rollout timeline. Management now indicates major scaling won't occur until 2027 at the earliest, pending the release of full self-driving software v15. Investors should be aware that significant question marks remain until Tesla demonstrates exponential fleet expansion and unsupervised miles growth.

Axe note: Ark’s big bet on Tesla leans on robotaxis, but long delays and execution risks suggest caution for local investors.