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2026-07-27 15:33 • The Motley Fool Neutral Axe Cap view: Selective

Intel reported strong Q2 2026 earnings with adjusted EPS of $0.42 (double expectations) and revenue of $16.1 billion (nearly $1.7B above estimates), driven by surging AI demand. However, the stock fell 33% in the past month due to concerns over raised capex guidance ($20B for 2026, with 2027 expected to be significantly higher) and potential shareholder dilution. While the company benefits from AI infrastructure buildout, the stock trades at 59x forward earnings and carries high volatility risk dependent on sustained AI demand.

Axe note: Intel's strong Q2 numbers impressed, but steep capex and valuation caution temper enthusiasm.

2026-07-27 15:26 • The Motley Fool Positive Axe Cap view: Selective

Apple is scheduled to report fiscal Q3 earnings on July 30 with expected EPS of $1.88 on $108.8B in sales. The article highlights Apple's strong consumer demand as a key reason to buy ahead of earnings, particularly focusing on iPhone demand resilience despite price hikes and strong wearables performance, including the newly launched AirPods Max 2.

Axe note: Strong US consumer demand for Apple gear could buoy USD/ZAR and local tech sentiment.

2026-07-27 15:17 • The Motley Fool Positive Axe Cap view: Selective

Nebius Group stock surged 19% after Nvidia disclosed a 9.3% equity stake worth $5 billion. The neocloud infrastructure provider, backed by Nvidia's $2 billion March investment, is positioned for significant growth in the AI data center market. Analysts project Nebius revenue could increase 7x in two years, potentially doubling the company's market cap to $110 billion by 2028 if it trades at Nasdaq multiples.

Axe note: Nvidia’s recent investment in Nebius signals a fast-growing AI market, but South African exposure remains indirect.