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2026-07-24 09:32 • The Motley Fool Negative Axe Cap view: Selective

Braze stock fell 15% this week as part of a broader software sector selloff triggered by major tech companies announcing massive increases in AI infrastructure spending. Alphabet raised its 2026 capex guidance to $195-205 billion and signaled substantial further increases in 2027, causing investors to worry that IT budgets will shift away from software implementations toward AI investments.

Axe note: Braze shares dropped as tech giants ramp up AI infrastructure spending, shifting IT budgets away from traditional software.

2026-07-24 09:30 • The Motley Fool Neutral Axe Cap view: Neutral

SpaceX aims to conduct cargo flights to the lunar surface by 2028 and establish a permanent moon base as part of its broader mission to make humanity multiplanetary. Betting markets show declining odds for SpaceX achieving a manned Mars landing by 2030 (down to ~10% from 25%), though odds for any Mars landing remain around 30%. The company faces significant challenges including technology limitations and capital constraints, as SpaceX remains unprofitable with mounting losses despite its recent IPO.

Axe note: SpaceX’s plans to reach the moon by 2028 face serious hurdles despite technological promise and market excitement.

2026-07-24 09:15 • The Motley Fool Positive Axe Cap view: Selective

The Vanguard High Dividend Yield ETF (VYM) is outperforming the S&P 500 by approximately 3 percentage points year-to-date in 2026, driven by strong performance in energy, industrials, and value stocks rather than tech. With a lower forward P/E ratio of 16 compared to the S&P 500's 23, the ETF is benefiting from a market rotation toward dividend and value stocks, a trend expected to continue due to anticipated higher interest rates and persistent inflation.

Axe note: Dividend-focused funds like Vanguard's VYM are outperforming growth indexes early in 2026, signaling a shift worth noting for JSE investors.