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

2026-07-27 06:30 • The Motley Fool Positive Axe Cap view: Selective

AMD CEO Lisa Su has strategically positioned the company as a major AI winner through major deals with OpenAI, Meta, Anthropic, and Microsoft for GPU deployments, innovative chiplet designs for inference workloads, and expansion into server CPUs. With agentic AI expected to shift GPU-to-CPU ratios and AMD targeting a $220 billion server CPU market with 50% market share, the company is positioned for significant growth.

Axe note: AMD’s strategic AI partnerships put it on a growth path that may influence tech-linked currencies like the rand.

2026-07-27 04:30 • The Motley Fool Neutral Axe Cap view: Neutral

Rigetti Computing stock has declined from $56 to $14 since October. The article analyzes three scenarios for the quantum computing company: a base case of continued milestone delivery with minimal revenue against high R&D spending, a bullish case where cloud services generate recurring revenue, and a bearish case of missed milestones and share dilution. The company has $569 million in cash, $4.4 million in Q1 revenue, and $19.9 million in R&D spending, with upcoming catalysts including a planned 1,000+ qubit U.K. system and potential $100 million in government funding.

Axe note: Rigetti Computing’s struggles highlight why speculative tech needs a cautious eye, especially from a South African perspective.

2026-07-27 03:30 • The Motley Fool Positive Axe Cap view: Selective

Infleqtion, a quantum computing company partnered with Nvidia, is trading near its 52-week low and could be positioned for significant growth as quantum computing commercializes. The company has hundreds of customers and expects $40 million in full-year 2026 revenue, but currently trades at a 50 price-to-sales ratio with significant operating losses. The article recommends taking a small position as a high-risk, high-reward opportunity.

Axe note: Infleqtion’s quantum bet looks promising but is far from a sure thing for Rand investors.