Economy

The affair involving Meli and Liel Yahalomi and the Bank of Jerusalem serves as a stark reminder of how quickly digital information can trigger financial risks. In an era of instant transactions, trust is a critical asset.

The Jewish billionaire and one of the most influential investors on Wall Street has made the most extensive change to his investment portfolio in years: six new stocks, a complete exit from Google, and an increase in Microsoft. What is behind the new bet, and why specifically on the companies the market fears the most?

US President Donald Trump's executive order imposing tariffs on drones has caused Next Vision's stock to drop by 5.7%. However, experts question the severity of the impact, as the company is already planning to localize production in the US.

July was positive in the local market, but the strengthening of the shekel boosted foreign-oriented bodies and S&P 500 trackers. After difficult years, Altshuler Shaham and Yelin Lapidot had another good month, outperforming their competitors despite negative returns.

The Central Bureau of Statistics released national accounts data for Q2 2026, showing a 15.4% annual GDP growth as the economy rebounded from the impact of Operation 'Lion's Roar'.

The second-largest bank in the system reported a quarterly profit decline, yet foreign investors rushed to buy, and the stock closed the week with a gain. We analyze what they saw that others missed and which other stocks attracted their interest.

The popular American ice cream brand "Rebel Creamery" has filed for creditor protection after a court ruled that it copied the product design of the "Van Leeuwen" company. All the details on the legal dispute that ended in collapse.

Despite the impact of interest rates and a special bank tax, the bank concludes the first half of 2026 with a net profit of 218.3 million shekels and a surge in public credit.

Following the successful conclusion of the massive operation to locate Meli and Liel Yaalomi, commentator Barak Seri criticized the huge costs involved: "A sea of money was spent, they could have just sent a WhatsApp message."

In this week's Globes review, we analyze the performance of key Israeli stocks on Wall Street. ZIM surged following strong competitor results, Nayax received an 'outperform' rating with 48% upside potential after a sharp decline, and Monday.com was compared to South Korea's SK Hynix.

Defense giant Elbit Systems reported a 38% profit jump and a record $32 billion backlog, yet its stock plummeted 9%, losing third place to Bank Leumi. The decline highlights the dangers of sky-high market expectations. Meanwhile, Bank Hapoalim returned to the 100 billion shekel valuation club, and Palo Alto nears the unprecedented one-trillion shekel threshold.

The algorithms of TikTok and Telegram create an illusion of broad trading trends, but experts warn against the use of bots, hidden collaborations, and dangerous manipulations of small-cap stocks.

Massive investments in artificial intelligence are shifting to debt-based financing in the private credit market, and analysts warn that the risk could indirectly seep into household savings portfolios.

The Consumer Price Index rose by 0.3% and annual inflation fell to 1.5%, but economists warn of a jump in the coming months that will determine the interest rate decision on September 1. This week: Mizrahi Tefahot concludes the banks' reports, and Azrieli reports. What do you need to know?

The Capital Market Authority is intervening for the first time to limit institutional involvement in public company management. The regulator is demanding clarifications from the Mor investment house regarding its actions in Orion.

Aggressive competition between credit card companies, driven by the battle for the FLY CARD franchise, has led to significant marketing expenses. Isracard and Cal report growth in credit portfolios amid leadership changes.

The short power struggle at the medical services company Novolog has turned the spotlight on the battered stock, which lost 76% of its value at its peak, and on the successful entrepreneur who brought it to the stock exchange but prefers to operate under the radar. What went wrong in Novolog's success story, and can it get back on the path to success after the Pozis family's renewed takeover and...

Jeff Bezos poured billions into Liverpool, Joshua Kushner and Bob Iger put an unimaginable sum on the Lakers. True, it is also a cold economic calculation, but the people who are making our world increasingly technological have discovered one of the few assets that even artificial intelligence cannot replace: loyalty to sports teams. Oh, yes, and there is also the matter of show-off.

The cloud company founded by Israeli-Russian entrepreneur Arkady Volozh published quarterly results that beat forecasts, and the American bank maintains a buy recommendation. The stock has already jumped over 200% since the beginning of the year, but analysts are convinced there is still room to grow.

Once every three months, public companies publish their financial results, flooding investors with hundreds of pages of data. How do you know which indicators matter, when can the bottom line be misleading, and why do even phenomenal results sometimes cause a stock to plummet? Globes sorts it out.

Four of the five leading funds in terms of year-to-date yield belong to one investment house. However, is the market leader always the best choice, or should investors look closer at management fees? We analyze how to select a money market fund.

The ranking of Israel's wealthiest shows fluctuations at the top of the economy. While Eyal Ofer and Miriam Adelson lost $200 million each, Idan Ofer increased his wealth. The Federmann family suffered the most significant losses.

Discount and Hapoalim banks have announced they will cease providing services to the Palestinian Authority, but the state-owned company intended to replace them has not yet been established. As learned, there is significant difficulty in staffing the board of directors due to fears of legal and international exposure regarding the Palestinian banking system's alleged involvement in terror...

Billionaire Mat Ishbia is in trouble following a failed takeover attempt and poorly timed interest rate bets.

The Israeli banking sector is entering a new macroeconomic environment where falling interest rates and moderating inflation make profit generation more challenging, yet major banks continue to report strong financial results.

In July, the consumer price index rose by 0.3%, bringing annual inflation down to 1.5%—the lowest rate since May 2021. The Israeli economy demonstrates resilience, not generating inflation despite the ongoing war.

Joshua Kushner, the younger brother of Jared Kushner, has acquired the Los Angeles Lakers in a $12.5 billion deal. Having built his fortune through technology investments, he is now entering the sports arena.

Berkshire Hathaway sharply increased its holdings in Alphabet during the last quarter. Greg Abel, who replaced Warren Buffett as CEO at the beginning of the year, increased Berkshire's holdings in Alphabet by 83%.

Jane Street, a trading giant operating under the radar with sophisticated algorithms, lost a massive sum in July, much of it from investments in a collapsed AI fund. Despite this, it has recorded enormous revenues since the beginning of the year.

An investor group led by Jeff Bezos has become a minority shareholder in Liverpool FC. The deal values the club at $7.1 billion and includes an option for the group to become majority shareholders within 12 months.

Futures are trading with only slight changes. Frankfurt Stock Exchange jumps by about 0.8%. Seoul Stock Exchange jumped by over 2%, supported by Samsung and SK Hynix. Over 90% of S&P 500 companies have published reports for the second quarter, profit growth stands at around 50%.

American investment bank KBW has upgraded Nayax stock to "outperform" with a target price of $75 and a 40% upside. Analysts state that recent declines are an overreaction and represent an attractive buying opportunity.

Following a volatile trading day that ended the week with slight index declines, shares of Nice stood out with an impressive rally, while other stocks, including several tech firms, saw significant losses.

Annual inflation stands at 1.5%, higher than the forecast. Transport and culture became more expensive, clothing and vegetables became cheaper. Construction inputs: a slight retreat this month, but an annual increase of 3.5% amid rising labor costs. The apartment price index rose by only 0.1%; Jerusalem and Haifa climbed, the Center and Tel Aviv fell.

Bank of Jerusalem shares rise against the backdrop of a mother and daughter's absence in Vienna, Liora Ofer celebrates a new move that will bring in billions, and SanDisk in a stock buyback. These were the news of the week on ice.

The ranking of the world's richest people reveals upheavals among the billionaires as one of them records a crazy jump in just one week, while his major rivals experience huge losses of billions.

A draft circular published by the Capital Markets, Insurance and Savings Authority is intended to put an end to discounts of tens of percent that insurance companies grant to customers for a limited period of several years, in order to encourage enrollment. "It may influence his judgment at the time of enrollment and bias him away from making an informed decision," they write at the Authority.

The massive success of Polymarket is just a showcase for a much broader phenomenon among Gen Z. A new survey shows that a quarter of young people perceive sports betting as part of their economic future planning. Commentators warn of "financial nihilism": a sense of despair and economic pessimism that pushes for taking extreme risks with money. Experts clarify: investing is a positive-sum game...

Nofar Energy, controlled by Ofer Yanai, has signed an agreement to acquire the energy company Highlight from real estate developer Gabi Buskila for 200 million shekels. The deal covers 92.5% of the company's shares.

An average historical return of 10.3% versus a 3% interest rate creates a huge gap, but a whole decade in history ended in the negative.