Economy

The measurement equipment manufacturer from Rehovot recorded record revenue and profit, beat analyst forecasts, and presented a forecast suggesting continued growth — but investors were still disappointed. What is behind the numbers?

While Israel's largest banks are examining a change in accounting standards to trade on Wall Street, Nayax is ahead of them, establishing an independent American banking arm that will offer credit solutions and working capital financing. The move is intended to reduce dependence on external entities in the US market, which accounts for about 40% of the company's revenues, and to deepen services...

The dollar fluctuated around 3 shekels over the past month. In May and June, the Bank of Israel intervened following the strengthening of the shekel, but in July, the Israeli currency weakened.

Mining company Osisko Gold has surprised the market with new drilling results in the Proserpine area of Canada, located just kilometers from its flagship project. The data reveal immense regional potential and the possibility of significantly expanding the company's operations.

Reports of preliminary merger talks between British pharmaceutical giant AstraZeneca and its American competitor Bristol Myers Squibb have sparked significant market interest this week. This is a move that could lead to one of the largest deals in the industry's history, creating a combined company worth approximately $400 billion. Although a senior source denied the existence of the talks and...

Nearly 900 million shekels will be invested over three years in programs for infrastructure, housing, and education in Israel's North. This follows nearly a billion shekels already approved earlier this year. KKL-JNF Chairman Eyal Ostrinsky stated that the organization provides immediate funding where state processes are often delayed.

The Israeli company returned to adjusted profit for the first time in nearly three years, but a weak forecast for the next quarter sent the stock down by about 30% in one day. In an interview, Shuki Nir explains why he remains optimistic and how operations with Nvidia and others could transform the company.

Competition in provident funds is heating up, while independent trading channels are also growing rapidly. Daniel Cohen, CEO of the Profit Group, sorts out hot trends like 'Family Office' and IRA, and explains why the AI revolution only strengthens experts rather than replacing them.

The period after the procedure is halted may leave debtors with huge debts before the Execution Office and without an alternative path that fits their financial capacity. How to cope.

Apollo Power received an order from Amazon Europe for a solar project in France worth about 2 million shekels; the stock jumped by about 10%, but is still far from its peaks after losing almost 96% in five years.

The decision by the regulator in South Korea to approve double-leveraged ETFs on the country's major technology stocks, Samsung and SK Hynix, was intended to bring local investors back home. The move worked beyond expectations, and the public poured $9.4 billion into these funds in less than two months. However, the timing turned out to be extremely poor: the market experienced a sharp correction...

The cyber giant's stock will begin trading at the end of the trading day in the flagship indices of the Tel Aviv Stock Exchange, with a weight cap of 5%. Its entry will be gradual, and at the same time, the weight cap for Ormat was reduced from 4%.

After a split month in June, the fashion market provided a perfect mirror image in July. The stocks that fell the hardest last month led the gains, while those that held up collapsed. What does this sharp reversal teach us about survival in a volatile market, and why does it affect you?

The Fox Group has signed a new agreement with the other shareholders of the popular fashion brand, increasing its holdings to 63%. In the first stage, the group will purchase 7% of the company's shares for 11.5 million shekels, while its two partners will each retain 18.5%. The agreement also includes a mechanism for further increasing the stake in the coming years.

Nofar Energy shares fell by 5.4% amid a dispute with the Securities Authority over financial covenants. The company will voluntarily redeem two bond series whose holders opposed the proposed changes to trust deeds.

The Dutch company Mud Jeans, considered a pioneer in the field of green fashion, has succumbed to past debts. CEO Dion Vijgeboom hopes this is not the end: "The financial burden was too great."

Harel is seeking to expand its activity in the hedge fund sector through the acquisition of a management entity. The group is in talks to acquire shares in the management company of the Tulip hedge fund at a valuation of approximately 40 million shekels.

A day after the control struggle was resolved, the chairman and board of directors of Novolog resigned. Oded Pozis, representing the controlling shareholder family, has been appointed chairman, with Ofer Linczewski, Doron Sela, and CPA Sagi Kaduri joining the board.

The return forecast for training funds in July is approximately -0.5% for the general track and -0.9% for the stock track. Meanwhile, the S&P 500 track is expected to rise by about 2.4% due to the strengthening of the dollar. We analyze fund performance and the significant tax advantages of this savings instrument.

The net profit of the Golf group jumped to 15.6 million shekels, the stock has already risen more than 20% this year, and the company continues to distribute dividends. However, there is a factor hidden in the reports that controls the picture and may pose a risk. What investors must understand before getting carried away by the headline.

Ormat Technologies reported second-quarter results that exceeded analyst expectations for both profit and revenue. Following these positive results, the company raised its revenue forecast for 2026.

The geothermal energy producer is raising its annual forecast to up to $1.2 billion following strong second-quarter reports, alongside an unusual jump of almost 200% in its energy storage activity worldwide.

Kaltura is worth less than a fifth of its 2021 IPO valuation and had previously sought an acquisition. Recent earnings reports have shifted the narrative, at least for now. What is driving the surge, and what risks remain?

El Al doubled its profits and surged yesterday, but energy dragged Tel Aviv down. On Wall Street, the Dow hit a record, but AMD disappointed, and SpaceX plunged 13%. The major Israeli company crashed due to a weak forecast. What is expected today?

Israeli credit firm Yaakov Finance reports a strong quarter with increased financing revenues and high return on equity, resulting in a significant dividend payout for shareholders.

Artificial intelligence is poised to become a personal financial agent for everyone, bridging the gap between private investors and the sophisticated financial tools previously reserved for the wealthy.

Trading in Tel Aviv is expected to open against a backdrop of heavy pressure in the technology sector worldwide. Trading in Asia is under pressure and futures on Wall Street are mixed. Mixed results and drama in the earnings season of Israeli companies in New York. A warning light for the US economy: the labor market is cooling sharply - but wage pressures are increasing. The profit boom on Wall...

A new study by the Tax Authority indicates a sharp change in the profile of Israelis moving abroad: the rate of departures from the top decile has risen by about 80%, and the number of those leaving the high-tech and healthcare sectors has more than doubled. The taxes paid by those leaving before their departure reached about 1.2 billion shekels per year. Simultaneously, the number of people...

Starting August 12, the National Insurance Institute will begin distributing the first benefits of the month. Some recipients will see increased amounts following index updates, and certain payment dates have been adjusted due to the calendar.

With a 17% increase in revenue and new contracts in the in-flight internet sector, the company reports strong second-quarter results and progress on a major defense acquisition.

Veteran satellite internet provider Hughesnet has filed for bankruptcy protection after losing hundreds of thousands of subscribers to Starlink. The company faces $1.5 billion in debt and struggles to compete with newer satellite technology.

Benefits worth millions of dollars accumulated from business purchases flow directly into the pockets of executives. However, a potential tightening of tax enforcement could shake the profitability model of major Israeli loyalty programs, primarily El Al's frequent flyer club.

Tourism in Israel has been in a deep crisis since October 7, 2023, with the number of tourists entering the country between January and July 2026 totaling only 430,000, compared to 1.95 million in the same period in 2019, the peak year. The sector, once a sought-after investment, has become a source of losses for investors, contrasting with the overall market trend.

Globes presents the latest global market update. This morning, Asian markets are falling, led by South Korea. Wall Street and oil prices remain stable. Taboola and SolarEdge have lost over $1 billion in value, while JPMorgan CEO Jamie Dimon warns of hidden leverage risks.

Global currency markets saw quieter trading on Wednesday amid cautious anticipation. The US dollar continues to trade near a six-week low, while the Japanese yen faces sharp fluctuations due to political tensions in the Persian Gulf and upcoming US employment data.

Amdocs reported overnight a quarterly profit of $1.84 per share and recorded revenue of $1.17 billion. Over the last four quarters, the company has beaten analyst forecasts for earnings per share and revenue three times.

27 years after selling his holdings, Haifa businessman Gad Zeevi is negotiating the acquisition of the Gadot group, a partner in the Port of Haifa, at a valuation of about $550 million.

The inter-ministerial committee led by Yossi Dayan has decided against changing Chevron's status in Israel's gas market. The move aims to maintain regulatory certainty and avoid forcing the energy giant to divest from its key assets.

The investment fund Manor Evergreen is acquiring 30% of the shares of Argil Group, which operates in the infrastructure and construction sector. Argil's valuation in the deal stands at 300 million shekels.

In the competition between the flagship indices of Tel Aviv, there has been a clear winner over the last decade - the TA-90. However, recently the picture has reversed as an unusual gap has opened in returns between it and the TA-35. The return gaps are also trickling down to a historic change in assets, as over 2 billion shekels have been redeemed from funds tracking the TA-90 index, and for the...