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JSE:KAP 2 March 2026

Sasol share price jumps as oil spike shakes markets — what JSE investors watch next

Sasol share price jumps as oil spike shakes markets — what JSE investors watch next

Sasol shares jumped 5.6% in Johannesburg on Monday, following a 16% surge Friday, as Brent crude hit a 13-month high amid the Iran conflict. The stock reached a 52-week high of 163.55 rand before easing. The rand weakened 1.4% against the dollar. An arbitrator ruled against Sasol in an ethylene pricing dispute with KAP’s Safripol unit, with Sasol considering a court review.

Stock Market Today

  • Gen Z leads investing surge amid economic uncertainty and tech access
    May 2, 2026, 10:51 AM EDT. Generation Z is investing at unprecedented levels, with nearly 30% engaging in markets before entering the workforce, doubling millennial and tripling Gen X early investment rates, according to a World Economic Forum report. Factors driving this trend include economic instability, rising global unemployment near 8% for 22-27 year olds, shrinking social safety nets, and accessible technology. Fintech platforms like Sharesies provide low barriers and financial education, fostering trust among young investors. Despite volatile experiences such as cryptocurrency losses, Gen Z is diversifying into bonds, AI, and venture capital. Experts say with less financial stability and fewer welfare supports, Gen Z must take greater personal responsibility for their financial futures, leveraging technology to navigate complex markets.

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Wolfspeed Stock Just Jumped 25% Before Earnings. The Hard Part Comes Tuesday

Wolfspeed Stock Just Jumped 25% Before Earnings. The Hard Part Comes Tuesday

2 May 2026
Wolfspeed shares surged nearly 25% Friday, closing at $36.76 after Capital Ventures International and Susquehanna disclosed a 5% stake. The company, which exited Chapter 11 last year, will report fiscal Q3 earnings May 5. Wolfspeed recently raised $475.9 million to reduce debt but continues to post losses amid weak EV demand and rising competition from larger chipmakers.
Stryker Corporation Stock Slides After Cyberattack Hits Q1 Earnings — Why the 2026 Outlook Still Holds

Stryker Corporation Stock Slides After Cyberattack Hits Q1 Earnings — Why the 2026 Outlook Still Holds

2 May 2026
Stryker missed first-quarter profit and revenue estimates after a March cyberattack disrupted operations, reporting net sales of $6.0 billion and adjusted earnings per share of $2.60. Shares fell 6.47% to $294.73 on May 1. The company said the incident had a material impact on the quarter but kept its 2026 outlook unchanged. Some delayed sales and procedures may shift into later quarters.
Salesforce Stock Jumps as Agentforce AI Revenue Scorecard Gets a Reset

Salesforce Stock Jumps as Agentforce AI Revenue Scorecard Gets a Reset

2 May 2026
Salesforce will split AI-era revenue into two main categories, Agentforce Apps and Data 360, starting fiscal 2027. Shares rose 4.13% to $183.82 after the announcement. Recast fiscal 2026 data shows Agentforce Apps brought in $26.7 billion, while Data 360, Platform & Other generated $12.7 billion. The company will provide recast data for fiscal 2025 and 2026 to allow year-over-year comparisons.
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