Economy

Financial stocks in Tel Aviv have soared by hundreds of percent over the last three years, and now investors are facing a dilemma: has the rally exhausted itself or is this just the beginning? Globes presents the investor's guide to the financial rally: is it worth investing in a bank, insurance company, or investment house stock, and where else are there opportunities?

The highest deal in the city for a second-hand apartment since the beginning of the year: a 4-room duplex on Naomi Street in Ramat HaSharon was sold at a price reflecting about 35–36 thousand shekels per square meter. The neighborhood is characterized by a gap between old and new apartments.

Ishai Rot, CEO of Shoval Engineering Group, explains why the company prefers projects in Yokneam, Acre, and Haifa and stays away from Tel Aviv, why they acquired a construction company, and what has happened to the stock since the IPO on the local stock exchange.

The major pharmacy chain is launching an extensive sale on food, baby products, cleaning supplies, and personal care. Discover which brands are participating and how long the discounts will last.

The buyers claimed that material details regarding building violations were knowingly hidden from them, but the court rejected their version after a surprising piece of digital evidence sent by the agent was presented.

The retail chain Oshers Ad is breaking the market with a one-kilogram package of honey at a competitive price, while other popular brands are sold for double or more for a much lower weight.

Super-Pharm is launching a massive discount campaign in its cosmetics and skincare department, including sought-after products from brands that have been cut by tens of percent. The pharmacy chain's offer will expire on September 1.

Biomedical company BioXcel has filed for bankruptcy protection. Pharma giant Teva is serving as the stalking horse bidder in the auction, on the way to a potential acquisition of revolutionary AI-based drugs.

The crypto market showed a mixed trend, as Bitcoin grew by 0.30%, its market cap totals 1.56 trillion dollars and it is trading at a price of 78,044.3 dollars. These are the digital currencies that disappointed investors.

The fashion chain has decided to halt its website's commercial activity during the Sabbath, honoring the values of brand ambassador and singer Odia Azulay, who observes the tradition.

Has your expensive transparent smartphone case become yellow and gross? Instead of running to the store and wasting money on a new case, a quick home method will clean the cloudiness from the silicone and restore its original transparency in just half an hour.

The ranking of Israel's wealthiest has been published, bringing real drama to the top tier. Miriam Adelson takes a hard hit, losing about 3% of her personal wealth, while Idan Ofer earns over 100 million dollars. Eyal Ofer maintains the top spot despite losses, and what happened to the Federman family's money?

The veteran investment house has published a bullish roadmap for the currency, against the backdrop of a 25% jump in ten days and the breaking of the $80,000 threshold. The thesis: a new era of "currency debasement" will channel money into rare assets. But are the targets realistic, or has Bernstein already been forced to push them back?

A warning letter including a request for approval of a class action, alongside a derivative lawsuit already filed in court, landed on the company's desk, claiming that the figures used to price the merger with Ciphia Vision were inflated and that the allocation ratio was skewed to the detriment of veteran shareholders. The development comes just days after the designated CFO refused to take the...

Ahead of the Tishrei holidays, the National Insurance Institute will advance unemployment and income support payments to September 8. Find out who is eligible and how the funds will be deposited.

A gradual collapse in South Korea's KOSPI index wiped out $2.5 trillion in market value and left investors who bet on the AI boom with heavy losses.

Kevin Warsh's speech at Jackson Hole marked a shift in Fed policy: moving away from excessive market signaling and returning to full accountability for inflation without external excuses.

Ahead of the US Open, Forbes released its 2026 earnings ranking: Jannik Sinner leads with $58 million, while Serena Williams' comeback places her in the top three. For the first time in history, women make up the majority of the top ten.

Corn and wheat prices have reached three-year highs due to distinct factors. Wheat is surging amid the escalation of the war between Russia and Ukraine, while corn is rising due to lowered US yield forecasts.

Oil exports from the Persian Gulf have recovered to about two-thirds of pre-war levels, limiting the impact of the conflict with Iran on global prices. Total regional exports have reached 15–16 million barrels per day.

A 6-room garden apartment, with a built-up area of 180 sqm and a 70 sqm yard, was sold for 4.1 million shekels. "The neighborhood is very sought-after, and while in the rest of the town there are price drops, in this neighborhood they have even risen." And more real estate deals from the last week.

Asaf tried to be a carpenter but realized his passion is in cooking and today he works at a pizzeria. May teaches English mainly via Zoom and simultaneously acts in children's plays. They live in Tel Aviv, and to survive the cost of living in the city, they host friends at their home instead of going out to restaurants and compare prices online. "I will fast before I go into the red." The Tzurieli...

The classification is determined by turnover, and profit remains outside the calculation. With private clients, the exempt status leaves more in the pocket, while with businesses, the licensed status allows for input tax recovery.

There is no single amount that suits everyone, but there are factors that will help you find a balance between liquidity, security, and yield.

China's CXMT is suing the US Department of Defense, demanding to be removed from the list of companies that the US believes are assisting the Chinese military. The company claims it produces chips for civilian and commercial use only. The significance of the US list: it could lead to restrictions and damage the company's reputation.

The NBA expansion process is gaining momentum, and according to The Athletic, Las Vegas may receive a team before Seattle. The league is targeting an entry fee of 7–10 billion dollars.

After years of absence from the local market, the home appliance giant, through Miniline, is bringing back the American brand with a new series of refrigerators adapted for the Israeli kitchen. The new series includes four-door models, zero-clearance models, and bottom-freezer models, with volumes of up to 812 liters.

Young people aged 18 to 21, who are legally prohibited from gambling in most US states, poured about $5.4 billion this year into the prediction platform Kalshi. This regulatory gap exists because such platforms are defined as financial markets and regulated at the federal level.

Positive momentum in the crypto market: Bitcoin rose by 2.26% over the week, while Ethereum and Binance Coin posted gains exceeding 4%.

Federal Reserve Chairman Kevin Warsh delivered his first speech at the Jackson Hole conference. He emphasized that price stability remains the primary focus and that the 2% inflation target is firm and fixed.

Creating a digital currency has become simple and inexpensive, but the resulting profits are now firmly on the authorities' radar. South Korea is leading the way in tracking unreported crypto activity to ensure tax compliance.

The company reported strong results for the first half of 2026, with revenue reaching 705.8 million shekels and a positive operating cash flow of 43.7 million shekels.

The investment bank presents a detailed roadmap for dealing with market volatility, highlighting the most promising avenues in technology alongside the great opportunity that has now been created in the bond market.

Fed Chair Kevin Warsh is set to speak at the Jackson Hole conference. Investors are looking for clues on future monetary policy, though markets remain calm with the VIX volatility index trading below its annual average.

The chip giant beat all forecasts and raised its full-year outlook, but Wall Street investors reacted in a way that surprised the market. What happened during after-hours trading?

Due to the Tishrei holidays, the National Insurance Institute is rescheduling benefit payments to earlier dates. Find out when funds will be deposited into your account and how the average payment amount has changed.

The weekly Forbes ranking of the world's wealthiest individuals shows significant shifts: Elon Musk solidified his lead with a $9.9 billion gain, while Michael Dell saw a sharp rise in his fortune. Conversely, Jeff Bezos and Google's founders experienced losses this week.

Japan spent 15.4 trillion yen ($96.4 billion) on foreign exchange interventions between July 30 and August 26. This record monthly expenditure reflects the government's determination to curb the yen's depreciation.

Pluri has entered into a securities purchase agreement with a healthcare-focused institutional investor. Under the deal, the investor will acquire 2,228,940 ordinary shares at a price of $1.50 per share.

Israeli holding and investment company Mivtach Shamir has released its financial results for the second quarter of 2026, showing an increase in equity alongside significant losses in the technology and international real estate sectors.