Economy

Bezeq published its Q2 2026 results: core revenues rose by 4% to 2.03 billion shekels, and net profit jumped by 38% to 315 million shekels. The company announced a 515 million shekel distribution.

Despite losses from Operation "Lion's Roar," El Al doubled its net profit to 125.9 million dollars, driven by strong demand and higher pricing. The airline expects this momentum to continue into the third quarter.

Global markets show optimism amid progress on the Iran issue and strong financial reports. Asian markets are rallying, oil prices are declining, and the dollar has fallen below 3 shekels.

The Tel Aviv Stock Exchange opens amid optimism surrounding a potential US-Iran agreement, global market gains, and falling oil prices. Investors are closely watching upcoming US employment data.

Cosmetics heir Ronald Lauder, a long-time financier of the Republican Party, has abruptly halted political donations. His net worth has seen a $1.2 billion decline due to the drop in company stock.

The National Insurance Institute has published its August payment schedule. Due to the weekend, some allowances will be paid early, and the average benefit amount has increased by 2.64% to 5,280 shekels.

The decision to leave the interest rate unchanged turned out to be only temporary, as the fear of disruptions in energy routes and the rise in oil prices are shuffling the cards for central banks. Ofer Klein analyzes the market situation.

After recording an impressive jump in profits above forecasts, the company is preparing for a dramatic change and is signaling a mega-acquisition to enter one of the most profitable markets in the pharma world with force.

The shekel continues to strengthen against major currencies amid calm in global markets. Investors are awaiting updates on US-Iran talks regarding the opening of the Strait of Hormuz.

Bank Mizrahi-Tefahot continues its non-banking investment strategy by injecting 98.8 million shekels into Mafat, a company specializing in waste collection, sorting, and landfill operations.

Investors in the Rilco investment company are facing capital losses after an Ohio office building was sold for $2 million, down from its $17 million purchase price. This marks another chapter in the firm's ongoing financial difficulties.

In July, 4.5 billion shekels were withdrawn from the IBI 'Israel Bank Index' ETF, bringing the two-month total to nearly 8 billion shekels. Estimates suggest the total outflow will exceed 10 billion shekels by the end of August.

Two years after the Capital Market Authority's reform, pension savings tracks remain a source of confusion. Identical names hide vastly different investment strategies, leading to significant yield gaps and forcing savers to dig deep to understand their portfolios.

An unusual trading day in the USA ended with sharp gains and the breaking of historical records. Strong earnings reports, led by Palantir, boosted the entire technology sector and drove the market upward.

Chip giant AMD reported its second-quarter results, beating analysts' expectations for both earnings and revenue. Despite the strong performance, the company's stock fell 8% in after-hours trading.

Despite $2.2 million in exchange rate expenses, Spacecom, operator of the Amos satellite fleet, recorded its fifth consecutive quarter of net profit. Revenue grew by 15%, with an order backlog reaching $66 million.

Globes has learned that the Supervisor of Banks has distributed a draft circular allowing banks to apply American accounting standards. This move facilitates dual listing, aims to increase liquidity, and may boost stock performance.

The government has acknowledged severe failures in its 17 billion shekel social procurement system. An inter-ministerial team recommends establishing a pool of service operators to improve quality and reduce bureaucracy.

Medical aesthetics company Sofwave has become a standout performer on the Tel Aviv Stock Exchange. The stock has climbed 48% since the start of 2026 and 320% over the last three years, bringing the company's market value to approximately 1.48 billion shekels.

The transport company "VIP Lux Travel" has applied to the court for a temporary stay of proceedings to negotiate with creditors, while simultaneously seeking a potential buyer, due to debts of 31 million shekels.

The Israeli government is actively shaping the boards of directors of leading defense companies, such as IAI and Rafael, as they prepare for IPOs. These appointments are accompanied by intense political maneuvering.

Following strong quarterly results, founder Jeff Bezos has filed a plan to sell 15 million shares of Amazon. Bezos remains the company's largest private shareholder with an 8% stake, as Amazon's market capitalization recently surpassed the $3 trillion threshold.

The exchange’s revenues rose 36% in the second quarter, with net profit jumping 81%. Increased capital market activity and higher clearing fees fueled the expansion, while the stock’s valuation has returned to a more moderate multiple.

The trading day on the Tel Aviv Stock Exchange closed with gains in the two flagship indices. Enlight Energy leads the list of top gainers, while Amram stock positioned itself at the top of today's losers.

Sunflower is acquiring three solar projects in Spain with a capacity of 137 MW. The deal will add 19% to its annual revenue and 17% to its annual EBITDA in the first stage.

'Feed HaKesef' is a podcast produced by the ice website in collaboration with IBI. Hosted by Oren Barsky, it features heads of major financial communities and leading Israeli influencers discussing investments, trading, and the latest economic news.

Michael Burry built a large bearish position against an AI leader, but Palantir continues to deliver strong results, defying the pessimists. How much did this bet cost him, and what is Alex Karp's take?

Renewable energy firm Nofar, led by Ofer Yanai, is in a dispute with the Securities Authority over the interpretation of its financial liabilities. This conflict could allow bondholders to demand immediate repayment of 2.2 billion shekels in debt.

A new policy from the Tax Authority and the Ministry of Finance regulates the taxation of marketing assets, introducing a significant relief that protects companies' tax benefits if income from such assets does not exceed 10% of total technological income.

Chip manufacturer Tower Semiconductor finished the second quarter with a 24% revenue growth to $460 million. The company expects growth to accelerate to 31% in the current quarter.

Shares of the Imax cinema chain climbed this week to an all-time high following the success of the film «Odyssey» directed by Christopher Nolan. CEO Rich Gelfond reported that «Odyssey» revenue is double that of Nolan’s 2023 film «Oppenheimer», with shares rising 6% on Monday after three consecutive weekends of ticket sales exceeding $50 million.

After June's drop, almost all sectors on the stock exchange recovered strongly in July. But food chains were left behind: even the winners rose only a few percent, and many remained in the red. How did the defensive advantage that protected them turn into a disadvantage?

Uniroyal Holding has filed for bankruptcy in the US to settle massive claims and close operations after 134 years. The company cited an unmanageable volume of legal proceedings.

US President Donald Trump has criticized Exxon Mobil and Chevron for reporting massive profits amid the oil price surge caused by the war with Iran, demanding they lower prices for consumers.

Wix shares are trading 83% below their 2021 peak, with the market fundamentally questioning the company's valuation. Despite positive second-quarter 2026 results, the platform's organic growth remains a concern.

Enlight, a leading Israeli renewable energy company, is surging on the stock exchange following a successful second-quarter report. The company reported a five-fold increase in net profit and a significant rise in revenue, prompting an upward revision of its 2026 financial guidance.

Enlight, the largest renewable energy company on the Tel Aviv Stock Exchange, reported its results for the second quarter of 2026. Revenue for the quarter grew by 55% to approximately 210 million dollars.

On Thursday, shareholders will meet to approve the deal; the airline controlled by Rami Levy and Shalom Haim will pay 15 million shekels to acquire 10% of the shares of the Rami Levy club company.

Sofwave reveals strong financial reports with revenues of approximately 30 million dollars in the second quarter of 2026, alongside a 66% jump in net profit despite one-time expenses.

A month after it was signed, the deal to sell control of G City to Ari Nadlan and Ispro has fallen through. Chaim Katzman cited concerns over the new partners' financial profile and deviations from the original agreement.