Economy
Alibaba Raises $10.2 Billion, Shares Plunge 8.5%
Chinese retail giant Alibaba has completed its largest capital raise in Hong Kong since 2021 to fund AI infrastructure. Despite high demand, the stock recorded its sharpest daily decline in six months.
Luxembourg closes the door on issuing Israel bonds after only one year
Only a year ago, the Accountant General moved the government's "Israel Bonds" issues from Ireland to Luxembourg, and now Israel will have to find another solution. The arguments for the move are apparently technical, but behind the scenes, political pressure was applied to "punish" Israel for its policy in the war.
Discount assessment ahead of index update: Damri on the way out of TA-35, new stocks to join TA-125
On November 5, the Tel Aviv Stock Exchange will hold an index update, including the implementation of a tiered weighting factor for rising stocks. Discount Brokerage estimates: Damri will drop to TA-90, Doral is on the verge of entry, and Alpha Tau, Telsys, and Tidhar are on their way to TA-125.
What will happen to Moderna stock after the surge? Analyzing 'overbought' stocks
The RSI indicator, used to identify 'overheated' stocks, signaled this week a series of stocks that surged rapidly—led by Moderna and Merck following a breakthrough in cancer vaccine development. What does this indicator mean, and why is it not necessarily a sell signal?
Economists warn: markets are shaken by interest rate and inflation concerns
Deutsche Bank economists warn of a dangerous combination of a jump in bond yields to 5.3%, high oil prices, and uncertainty surrounding new sanctions, which threatens risk assets and inflation.
US Treasury may use nearly a trillion dollars to support the bond market
The US Treasury Department is considering using its General Account (TGA), which holds approximately $950 billion, to help fund its plan to increase government bond buybacks.
UBS Bank warns: The dollar may continue to weaken soon
The Swiss bank UBS has published a market review and recommends that investors re-examine their foreign currency exposure, amid concerns over the stability of US debt and the expected surge in the price of gold.
Securities Authority warns against 'King of Trading' from Dubai
The Israel Securities Authority has issued a warning against Dmitry Osmolovsky. He is suspected of managing investment portfolios and offering trading services without a license.
Mizrahi Tefahot Bank Records 56% Jump in Trading Volume
The bank is renewing its market-making agreement on the Tel Aviv Stock Exchange for another year following an unprecedented improvement in stock liquidity and trading volume, alongside increased interest from new investors.
Opening the Jackson Hole week: Calm in the forex market, dollar above 2.98 shekels
The foreign exchange market remains calm ahead of the Bank of Israel's interest rate decision and the Jackson Hole symposium. The dollar is trading above 2.98 shekels, while the euro is slightly below 3.49 shekels.
The Samsung paradox: Distributed $80 billion and crashed in trading
The technology giant presented the largest profit distribution plan in its history, but investors who expected more sent the stock into a sharp decline of more than 8% following the absence of one dramatic commitment.
Five things to know ahead of the stock market opening
The Tel Aviv Stock Exchange is expected to have a challenging opening this morning. Dual-listed chip stocks will weigh on the market. Earnings season: Navitas and Fox report today, insurance companies later this week. Morning in the world: declines in Asia, stability on Wall Street. Money is moving: the ETF signaling the great rotation on Wall Street. SanDisk among them: leading Wall Street...
Ahead of the market opening: The stocks that will weigh on the stock exchange today
Dual-listed stocks return with a negative gap, as chip stocks are expected to fall before the big event on Wednesday. The local reporting season is in the final stretch with Phoenix, Menora, Harel, and Partner. What is expected today?
Over 100% return in two months: Is Wix making a comeback?
Wix stock has more than doubled in value since its June low. Subsidiary Base44 and entrepreneur Maor Shlomo have become the main growth engine with an ARR of $200 million. Also: Is the AI comeback already fully priced in by Wall Street analysts?
The interest rate decision is approaching: the drama behind the scenes at the Bank of Israel is revealed
The Bank of Israel is preparing for a fateful decision in the shadow of surprising data from the labor market and inflation, as senior economists now estimate the real chance of a revolution in the interest rate in the coming days.
Mizrahi Tefahot Bank: Interest Rate Forecast for Israel Worsens
The bank's chief strategist analyzes market turmoil and explains why rising energy prices and US policy decisions may prevent the Bank of Israel from cutting rates.
After 20 years of leniency, markets have returned to pricing the debts of major economies
For nearly two decades, developed nations have grown accustomed to markets ignoring rising sovereign debt. However, a recent sharp sell-off in long-term government bonds suggests this era of complacency may be ending.
The surge on Wall Street, the losses of the short-sellers and the chance to prevent cancer: where are Moderna shares heading
The pharma stock that analysts bet against jumped by 177% in one day, causing billions in losses for short-sellers and forcing hedge funds to sell some of their best stocks. This happened following a successful cancer vaccine trial. But does it justify a $30 billion increase in value?
US debt crisis: Treasury Secretary and Ray Dalio offer solutions
The yield on 30-year US government bonds has reached a two-decade high. Treasury Secretary Scott Bessent has initiated a bond buyback program to stabilize the market, while investor Ray Dalio warns that structural reforms are essential to avoid a crisis.
More than Moderna: The stock that soared by 423% in a week
A small US stock surged by the highest rate in the market, but behind the jump hides a technical mechanism rather than a business breakthrough. At the same time, Moderna jumped about 177% after a historic success in a personalized cancer vaccine trial. What separates speculation from revolution?
Heading into the week on Wall Street: All investors are waiting for this event
On Wednesday, the most important company in the world for AI trading will report, and the entire market is holding its breath. At the same time, Fed Chair Kevin Warsh will appear for the first time at Jackson Hole, and the central bank's preferred inflation index will be released. Everything you need to know before a fateful week on Wall Street.
What will dual-listed stocks do tomorrow, and what is expected in the most important market reports?
The global risk level is rising, and in Israel, this trend is joined by renewed tension on several fronts. Government bond yields are approaching dangerous levels. The bar of expectations for Nvidia's reports is sky-high, and some wonder if it can be cleared. Another wave of reports will flood Tel Aviv, with publications from insurance companies Phoenix, Menora, and Harel. Also, a critical...
Teva at a decade high, and analysts are convinced there is more room to grow
In Globes' weekly section, we analyzed the performance of prominent Israeli stocks on Wall Street. Wix stock has doubled its value since the June low, driven by the rapid growth of its subsidiary, Base44. Teva reached a decade-high peak thanks to a debt rating upgrade and accelerated FDA approval. Meanwhile, the deal to sell LivePerson is delayed due to a lack of a majority among all shareholders.
Foreign investors shift strategy: from massive selling to active buying
Amid financial reports and renewed tensions around the Strait of Hormuz, foreign investors have sharply changed their preferences on the Tel Aviv Stock Exchange. An energy company leads the buying, while banks and the defense sector have returned to the spotlight.
With a 33% jump: This was the hottest stock of the week on the stock exchange
The battered stock of the kibbutz-owned company led the Tel Aviv Stock Exchange last week with a jump of 33.65%, after confirming initial contacts for an investment by the FIMI fund. The jump returned the company's value to about 250 million shekels - a recovery from the low recorded below 200 million, but still around an all-time low and below equity. What is behind the jump, and where can it go...
Mizrahi Tefahot Analysis: What to Expect from Nvidia's August 26 Report
Uzi Levi, Director of Securities Research at Mizrahi Tefahot Bank, provides a special analysis ahead of the chip giant's results. Will a strong report satisfy investors, what is the outlook for Blackwell, and how will it impact the market?
Trump Pushes for Manufacturing in the USA: Are There Investment Opportunities?
Tariff policy and the surge in AI data centers are driving the infrastructure giant to record results. One of the stocks that benefited most is Caterpillar—is it still attractive?
Stock Market Ranking: Two Giants Fall by 10%
While the top ten remains unchanged, the market saw sharp movements: Palo Alto and Tower shares dropped amid profit-taking and sector volatility, while Phoenix insurance stood out with gains ahead of upcoming quarterly reports.
Warren Buffett reveals: "My wife's inheritance will be invested in one thing only"
The legendary investor, who retired earlier this year from managing Berkshire Hathaway and passed the baton to his successor Greg Abel, instructed the trustee of his wife's funds to invest almost all the money in one thing. What does the man who beat the market for six decades recommend his wife do - and what does it mean for investors?
Author of 'Rich Dad Poor Dad' issues sharp warning: 'Heavy losses'
Robert Kiyosaki sharply criticizes the US Treasury's decision to expand bond buybacks, calling it a hidden issuance. With the national debt crossing the $40 trillion mark for the first time, Kiyosaki warns of an inflation spike and urges investment in Bitcoin, gold, silver, and real estate.
Towards the trading week: The event that will dictate the market direction
All eyes are on the reports of the most important company in the world, the barometer of AI trading. Tel Aviv concluded a mixed week as insurance surged and chips crashed. The local reporting season is entering its final stretch, with tensions against Iran in the background.
Bitcoin crosses $80,000 - and analysts point out: this is the next target
The US government bond market is in turmoil, Bitcoin is breaking the $80,000 mark, and the earnings season reveals a weak consumer alongside the continued AI boom. Financial experts analyze the deep forces driving the markets.
"I felt like they were hunting him": The traders who smelled that Ashenbrenner's fund was in trouble, and rushed to act
The Situational Awareness hedge fund of Wall Street's new wunderkind went into a tailspin within a few days at the end of July. Market traders, fueled by rumors about the sale of its holdings in Anthropic and relying on unusual movements in the options market, took steps to distance themselves from the ticking bomb, and some even profited from the fall.
Not just Moderna: Morgan Stanley predicts Merck stock will soar
While Moderna grabbed headlines with a 177% jump, its partner Merck recorded its best day since 2009. Morgan Stanley has upgraded its recommendation, highlighting the company's potential beyond its flagship drug, despite the looming patent expiration.
World's Richest Ranking: Billionaires' Losses
The Forbes ranking of the world's richest people reveals the wealth of the top five, with all of them recording declines since the last trading day and losing money throughout the week.
The bonanza was waiting for Qatar around the corner — and then the war with Iran ruined everything
The war between the US and Israel against Iran has severely hit Qatar's revenues from gas exports, leading to a cut of up to 30% in government budgets and about 85% in foreign aid. The IMF predicts that its economy will shrink by 8.6% this year.
Bessent's Test in the Bond Market: Can the US Calm Investors?
US Treasury Secretary Scott Bessent is attempting to stabilize the $32 trillion US Treasury bond market. Investors are concerned about rising government spending and inflation amid the war in Iran.
Gains in New York futures, bond yields stable and Bitcoin continues to soar
Nasdaq rises by 0.7%, but indices are on track to break a three-week winning streak. Bitcoin is heading for its sharpest weekly gain since March 2023. US 10-year bond yield remains almost unchanged. Oil prices show a slight increase, with modest gains in Europe.
Scandal at new stock exchange company: trading in shares halted due to irregularities
Just before it was due to publish its reports for the first half of the year, trading in Tomer Mazon shares was halted following the company's report on alleged problems in inventory management. Tomer Mazon joined the stock exchange about three months ago and is traded at a valuation of 138 million shekels.
Ofer Yannay drops after mid-day jump, Cellcom surges
The Tel Aviv Stock Exchange closed with a clear upward trend in the two main indices. Among the rising stocks, Danya Cebus celebrates at the top with an increase of 5.77%, while Beit Shemesh stock recorded the highest decline of the day.