Economy

The two largest defense stocks on the Tel Aviv Stock Exchange posted good financial results but plunged on the day of the report. The reason: when the valuation is twice the industry average, good results are not enough. "A high bar of expectations has been built around defense stocks."

The Asian restaurant chain, controlled by Rotem Tahan and Noam Gabay, has published an updated prospectus ahead of its share offering in Tel Aviv. The controlling shareholders will sell shares to the public for approximately 43 million shekels.

Growing demand for memory chips for artificial intelligence applications has created new opportunities for U.S. investors. Korean company SK Hynix, one of the world's top three manufacturers, has begun trading on NASDAQ, challenging Micron Technology and offering investors a more attractive valuation.

Belgian cookie manufacturer "Lotus Bakeries" is recording an unprecedented financial surge as the company's stock has jumped by 49% this year alone. According to published data, 50% of the increase in the company's revenue in 2025 stemmed directly from sales of Biscoff cookies.

The company that developed a non-hormonal drug for treating hot flashes. The financial institution that began covering the biomed market. What remains of the cannabis company Tikun Olam. And the success of Israel's UroGen with a cancer treatment product. This week in biomed.

Alongside a recommendation to remain exposed to the stock market, the bank emphasizes the importance of investment diversification and warns against over-concentration in the popular sector where most investors keep their money.

Investment bank Citi has issued a review of Bank Hapoalim's results, maintaining a "buy" recommendation with a target price of 88 shekels. Analysts estimate the bank will exceed its targets for the coming year, noting that excluding the special tax, the return on equity would have reached 16.4%.

The flavor and fragrance manufacturer concluded the quarter with record revenue and profit, yet investors are wary of eroding operating margins. CEO Keren Cohen Hazon stated that the company has not yet fully realized synergies from recent acquisitions, which should improve operating profit in the coming quarters.

The American investment fund, which tried to take over football clubs and airlines, has turned to the bankruptcy court in the United States after years of debt, sales, and allegations of fraud.

Epitomee Medical, having lost 61% of its value over the past year, has appointed Dolev Rafaeli as CEO amidst a crisis. Rafaeli previously led a public company that collapsed, raising questions among investors about whether this is a strategic turnaround or a prelude to a sale.

Doral Energy is investing $738 million (approximately 2.2 billion shekels) into its US subsidiary, Doral LLC. This strategic move increases the parent company's stake from 26% to 53.2%.

A dramatic step by the Tel Aviv Stock Exchange to increase liquidity in corporate bonds leads to the joining of dozens of series and a prominent financial institution that will directly affect investors' pockets.

President Donald Trump's media company, Trump Media & Technology Group, reported a quarterly loss of 238.1 million dollars. The decline was primarily driven by losses in digital asset trading.

The largest Israeli defense company reported a 38% jump in net profit, despite a sharp increase in tax payments. The key figure explaining sustained investor interest is the record order backlog, which secures the company's growth for years to come.

The company generated $2.29 billion in revenue and $199 million in profit in the second quarter of the year, beating analyst expectations. According to the company, 73% of its current order backlog comes from abroad.

The bank's return on equity stood at 15%, a figure that would have been higher without the special tax imposed by the Ministry of Finance this year.

The Israeli fragrance and flavor manufacturer has grown by 473% over three years, posting a record quarter with a 56% surge in net profit. Despite this, the stock has dipped year-to-date. We analyze the reasons and the key figures that may signal the company's future trajectory.

The trading day will open against the backdrop of rising tensions around the Strait of Hormuz and a jump in global oil prices. Wall Street closed in negative territory yesterday, and the probability priced in by the markets for an interest rate hike has risen to 50%. Today in the Tel Aviv earnings season: Bank Hapoalim and Elbit. Also: JP Morgan raises its S&P 500 forecast to 8,000 points: "AI...

Following an 18% decline in Friday's trading, the market value of Hachshara Urban Renewal has been cut by over 330 million shekels. Market participants suspect a major institutional investor may be behind the sell-off.

Tel Aviv fell yesterday as banks and construction weighed, despite Tower jumping 9.6%. On Wall Street, Nvidia fell on concerns over circular financing deals. Today: the bank earnings season opens and tomorrow the US CPI index. What is expected?

Following exceptionally strong financial reports and an unusual increase in profits, the popular retail chain will distribute a dividend of 50 million shekels and open five new branches across the country.

Despite the sharp decline in share prices following the latest reports, the investment house William Blair is convinced that the company's long-term thesis has not changed and points to the next growth engines.

The Psagot investment house warns that the combination of a tight labor market and a rapid surge in wages will continue to fuel inflation and will directly affect the Bank of Israel's decisions in the coming years.

The employment report reveals an unexpected decline in the number of employed and a sharp slowdown in hiring. Economists estimate that the Fed's next move will directly affect the markets as early as this September.

The Chief Investment Officer of UBS explains why the market is misjudging interest rates and which solid asset will provide a significant buffer against potential losses.

The National Insurance Institute announces a centralized payment transfer for unemployment benefits and income support. Individual amounts are calculated based on personal data and previous income records.

Globes presents a first update on the state of markets around the world. This morning: Samsung stock pushes the Seoul Stock Exchange up by over 1%, trading is closed in Tokyo due to a holiday. Oil prices are trading stably after jumping by about 5% last night, against the backdrop of tensions around the Strait of Hormuz. Also: why do analysts believe the S&P 500 still has room to rise?

At the start of the trading week, the shekel continues to strengthen, with the dollar falling 0.2% to 2.99 shekels. The euro weakened by 0.3%, trading above 3.45 shekels.

Israel's government deficit has dropped to 3.3% of GDP, a surprise amid the ongoing war. The Treasury has accumulated a 19 billion shekel safety cushion but fears disclosing these figures.

Diplomatic contacts between Washington and Tehran have encountered a significant obstacle, directly affecting the global energy market. After Iran presented its conditions for a peace agreement, US President Donald Trump responded with a demand that Iran pay compensation for victims of wars, attacks, and protests. This exchange led to a deadlock in talks on opening the Strait of Hormuz — a...

Li Hua's brokerage firm, Futu Holdings, has become one of the main targets in the government's campaign to control the flow of funds from China abroad.

Trust-based hedge funds, recently officially regulated, offer complex investment instruments to the masses in exchange for collecting 20% of profits. However, one case illustrates that you don't have to be a genius to boost profits for a short time, and when investment managers share only in the profits, a market distortion is created.

Dan Binshtok, manager of the foreign client desk at Pealim, looks at the markets and is convinced they have room to rise: "I am very optimistic when looking ahead." He identifies renewable energy and chip stocks as opportunities, and also notes the only figure that, in his opinion, could spoil the party.

While institutional investors sold a massive sum of 14 billion dollars in the second quarter of the year and reduced their foreign currency exposure, the business sector purchased an almost identical amount - this is according to new data from the Bank of Israel. For comparison, this is a pace for an entire year. What is the governor's share in the trend, why did hedging costs jump, and what do...

The Israel Tax Authority is promoting a new plan, "Israel Invoice 2.0 - VAT Online," aimed at shifting VAT reporting and payment to a real-time digital infrastructure. The reform seeks to reduce tax fraud and streamline business operations.

The pharmaceutical company CTS is being sold to Dexcel Pharma for approximately 250 million shekels. The acquisition covers only the pharmaceutical operations, while other business units remain separate.

Shamir Energy, controlled by Meir Shamir, is in talks to acquire 30%-70% of the power plant owned by Ari Nadlan and Tzahi Abu, as well as Jackie Ben Zaken, in the Menashe Regional Council.

A record 45% of central banks plan to increase their gold reserves. Fears of inflation, geopolitical conflicts, and economic crises are accelerating purchases. The desire to reduce dependence on the dollar is also pushing countries to stock up on the metal, which is considered a safe haven in times of uncertainty.

After recording a rise of more than 9% last week, the chip index retreated sharply as leading companies in the sector lost double-digit percentages ahead of the publication of reports.

Chinese fast-fashion giant Shein is preparing for an IPO on the Hong Kong Stock Exchange. Bloomberg Intelligence analysts value the company at $22-25 billion, a significant drop from its 2022 peak.