Economy

Trading in Tel Aviv will open against the backdrop of gains in Asia and a tailwind from Wall Street; dual-listed stocks will have a slight impact. The US Treasury's move calmed the bond market, but UBS recommends sticking to the short end. The rift in the Fed is deep, and Bank of America estimates: 3 more interest rate hikes this year. The reporting season in Tel Aviv is shifting gears: Altschuler...

Central banks around the world are fleeing from American debt and yields are hitting multi-decade highs. Psagot analyzes the direct impact on the local bond and mortgage market and recommends how to act.

Lombard Odier's investment managers analyze the AI turmoil, the surprising job losses in the US, and the dramatic intervention in the foreign exchange market for the first time in 26 years, and identify recommended investment avenues.

The foreign exchange market is stabilizing following yesterday's sharp decline in the dollar. This morning, the dollar is trading unchanged at below 2.98 shekels, while the euro is up 0.2%.

The Ashdod oil refinery's board of directors has extended its consulting agreement with Shapir for three years, until August 2029, despite the Concentration Committee's recommendation against Shapir gaining control over the refinery.

In 2025, state winnings from civil lawsuits reached a record 1.5 billion shekels. This result was driven by the Civil Enforcement Unit's shift toward a proactive strategy to protect public resources.

In the new episode of "Not Only for Millionaires," Daniel Shebaks and Yaron Daigi analyze why investors who choose the top-performing funds earn less than the average, and explain how psychology and age-dependent models hurt returns over time.

Globes presents the first update on the state of global markets. This morning: US Treasury measures support bonds and stocks against the backdrop of Trump's threats against Iran. Chip giants boost Asia, a green opening is expected on Wall Street. Fiscal pressure threatens the dollar. Also: JPMorgan recommends the communications sector.

Government bonds are breaking yield records around the world. Is the figure reflecting rising risks in the markets also an investment opportunity for bond enthusiasts? Experts estimate that the high yields are "changing investor considerations," but warn: "there are no free lunches."

The rush of Israelis for Chinese cars is reaching the importers' reports. Carasso, with the help of the Chery brand, increased its market share to a record of about 15.3%. Delek Automotive, on the other hand, an importer of Mazda that once dominated the roads, is at a record low of 3%. And how much did the importers earn on each car sold?

Omer Idel joined the army with a negative bank balance due to family turmoil. This pushed him to start businesses, and he invested the profits from them (a million shekels by age 24) into the capital market. He always looks at the long term, prefers indices, and believes in "letting money work for you."

The growth data published this week highlighted Israel's dependence on the chip giant Nvidia. However, unlike the past, when Intel was the dominant company in the local industry, this time it is a new type of risk: production is carried out abroad and the products do not pass through Israel at all. And also: is the chip giant on its way to receiving state benefits?

The US government debt has reached $40.05 trillion, doubling over the past decade. The US Treasury Department announced the milestone 4.5 years after the debt crossed the $30 trillion threshold.

An exceptionally stormy trading day ended in the US with a sharp turn in the bond market, an unusual jump in Bitcoin that led to a quick short squeeze, and dramatic news in a cancer vaccine trial.

Breaking an 18-year record: The success of clinical trials combining mRNA technology in the fight against cancer has led to an unprecedented surge in Moderna's stock. According to The Wall Street Journal, the company recorded the sharpest daily increase of any S&P 500 firm since 2008.

An analysis by the Ministry of Finance, presented during discussions on the conscription of yeshiva students, reveals vast disparities in state subsidy eligibility among Israeli citizens. The ministry recommends canceling after-school program subsidies for Haredi draft dodgers starting in the upcoming school year.

Clal has broken a record in core business profit, launched for the first time in its history a share buyback program, and crossed 456 billion shekels in assets under management. In an interview with ice, CEO Yoram Naveh explains why he remains "long on Israel," why he will not fight for market share in auto insurance at any cost, and why the "small bank" reform, which is supposed to increase...

Despite the rise in raw material costs globally and a military operation, the company Klil presents exceptional reports with a 63% jump in revenues and an operating profit that broke last year's records.

The Israeli company Altel has reached the final stage of a tender for the operation and maintenance of Dubai's new Blue Line metro. The project, valued at over $2 billion, is scheduled to launch in 2029.

The results of the industry leaders — Isracard, Cal, and Max — for the second quarter of 2026 show that the number of their active cards is already higher than the number of residents in Israel. Who led in transactions and who in quarterly profit, and what is the chance that any of the three will advance in entering banking activity? 3 notes on the reports.

The jet engine parts exporter doubled its profit to $16 million and grew in all parameters, even though the strengthening of the shekel reduced operating profit by about $5.6 million. The order backlog grew to $3.3 billion.

The investment house reported a 22% revenue growth compared to the same quarter last year, though net profit declined slightly due to higher commission payments to agents. Revenue gains were driven by expansion in provident and pension fund activities.

The Tel Aviv Stock Exchange closed with declines across both major indices. The TA-35 index fell by 0.2% to 4,167.91 points, while the TA-125 index dropped by 0.02% to 4,039.99 points. Shares of Damri rose by 6.65%, whereas Camtek shares plummeted by 7.27%.

The board of directors of Dorad unanimously approved a dividend distribution of 250 million shekels. The Luzon Group, led by Amos Luzon, is set to receive 85 million shekels amid a deal to sell a portion of its shares to the Mor investment house.

About a year ago, Buffett revealed his first position in Alphabet stock, which has since grown into a multi-billion dollar bet. It is an unusual investment for the investment giant who recently stepped down as CEO. Is he still pulling the strings?

While eyes are turned to the security tensions, the Swiss bank EFG reveals the main factor that is wiping out billions and explains why some countries in the region are in much greater danger than others.

Yaki Reisner discusses his independent approach to Israeli film production, his refusal to adhere to public fund regulations, and the surprising success of projects that began as personal hobbies.

A slowdown in data center growth, the impact of a strong shekel, and Meta's departure from the Azrieli Sarona tower weighed on Azrieli Group's second-quarter results.

In an interview with Bloomberg, Bank of Israel Governor Amir Yaron tempered expectations for monetary easing on September 1, despite inflation falling to a five-year low. While a strong shekel and low indices support a rate cut, the central bank remains cautious due to various economic and geopolitical risks.

The shipping company reported $1.78 billion in revenue and a net profit of $64 million, marking a significant improvement from the $24 million recorded in the same quarter last year.

The esteemed hedge fund manager David Tepper, who heads the Appaloosa fund, executed a highly sophisticated investment move in the second quarter of the year. The latest report filed by the fund reveals that Appaloosa completely liquidated its holdings in the hottest stock on the market this year – SanDisk. The sale was carried out during an exceptional quarter in which the company's stock soared...

Alongside a $32 million loss in the first half of 2026, Israir is banking on its new New York route, state compensation, and a recovery in demand to return to a growth trajectory.

The company concludes a positive quarter with double-digit growth in revenue and net profit, supported primarily by increased sales of natural gas and condensate. CEO Idan Wallace stated: "We continue to strengthen and enhance the group's core assets."

The morgue manager at Harvard Medical School spent years stealing and selling donated body parts on the black market. Following his eight-year prison sentence, the university has agreed to a $53 million settlement to resolve lawsuits from families who accused the institution of negligence.

Amos Luzon is selling 20% of Luzon Energy shares, representing his stake in the Dorad power plant, to an institutional entity for 233 million shekels. The deal values the station at 4.4 billion shekels.

Real estate company Oranim is entering the stock exchange to raise approximately 600 million shekels through a bond issuance for its "Oranim al HaYam" project in Rishon LeZion.

Clal concludes the first half of the year with a profit of 1.05 billion shekels, similar to last year. The volume of assets under management rose to a record of 456 billion shekels. The company will distribute a dividend of 200 million shekels.

Delek Group, controlled by Yitzhak Tshuva, concluded the second quarter with revenues of 4.4 billion shekels and a 78% jump in net profit. The board approved a dividend of 250 million shekels, and the stock's dividend yield over the past year, about 14.5%, is among the highest in the TA-35 index. What is driving the results?

The Israeli airline Israir presented its results for the second quarter of 2026, reporting a loss of 35.5 million dollars. The results were impacted by flight cancellations during Operation "Roar of the Lion," rising fuel prices, and currency fluctuations.

Tel Aviv will look for direction at the opening in light of uncertainty in global markets. Dual-listed chip stocks will weigh on the opening, Elbit will balance. Among those reporting today: Azrieli, Bet Shemesh Engines, and Clal Insurance. Declines in Asia led by chip stocks; New York futures are stable. Bank of America warns investors: 'Everything but bonds'. A trillion dollars in space: Goldman...