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

2026-10-11 15:30 • The Motley Fool Positive Axe Cap view: Selective

Rocket Lab could see significant growth by 2027 driven by expanding defense contracts ($1.3B+ in Space Development Agency awards), the upcoming Neutron reusable rocket launch, and strong core business performance with record Q2 2026 revenue of $235M and $2.4B backlog. However, execution risk remains as the Neutron's first flight has been delayed from 2026 to Q4 2026 at earliest.

Axe note: Rocket Lab’s growth story highlights risks and opportunities for global tech exposure through the rand.

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

A 50-year analysis of S&P 500 companies shows dividend growers delivered 10.2% annualized returns versus 3.9% for non-payers from 1973-2023. Dividend-growing companies achieved these superior returns with lower volatility and better downside protection during market downturns, demonstrating that consistent dividend increases reflect durable business fundamentals.

Axe note: Steady dividend growers prove their resilience over time, a lesson worth heeding in South Africa's volatile markets.

2026-10-11 13:33 • The Motley Fool Positive Axe Cap view: Selective

Meta's stock may decline following Q3 earnings due to increased capital expenditures for AI infrastructure and potentially disappointing revenue outlook, driven by the rapid growth of its Muse AI agent. However, the author views this as a buying opportunity, as Meta trades at 23x forward earnings and is well-positioned for long-term AI-driven growth despite near-term margin pressures.

Axe note: Meta’s upcoming earnings could trigger a sell-off, but it might pay off to buy on the dip.