Economy

In its first report since the IPO, Cando Drones shows a doubling of revenue and improved gross margins. While the auditor has removed the "going concern" note, the company continues to operate with a net loss and an accumulated deficit of 27.9 million shekels.

Budget sent a message to customers warning of service and supply issues with Chery vehicles imported by Frisbee. Following a Calcalist inquiry, the leasing company announced that joint efforts have led to significant improvements.

Parents in border-adjacent communities expected a significant benefit in daycare tuition. Instead, they discovered a double charge for an "extra package" and a payment of thousands of shekels in advance until the subsidy arrives.

Aerodrone is completing a strategic management overhaul by appointing a Brigadier General (res.) with extensive security industry experience to lead the company toward growth.

Shares of chipmaker Micron have surged 981% since the beginning of 2025, thanks to the massive demand for memory components for artificial intelligence. Despite the impressive jump, the stock has recently experienced volatility due to investor concerns that the industry's golden age might be ending, especially as manufacturers accelerate the expansion of their production capacity. Now, many are...

The drone company Aerodrome is down by 3% after announcing today (Tuesday) the resignation of CEO Ziv Ben Baruch. He will be replaced by Brigadier General Itzik Bilet, marking the third CEO change in the company within the last year.

Dalia Energy will exercise its option to increase its stake in the Ashdod data center project to 50% earlier than expected. The investment in the construction of the complex and the substation has jumped from $1.5 billion to $4.5 billion, to which up to $7 billion may be added for servers and processors. The project is planned to reach a capacity of up to 250 megawatts, and the companies are...

A TAMA 38 project in Neot Afeka, Tel Aviv, faced significant delays, leading to the appointment of a receiver. In a landmark ruling, a judge allowed two families to cancel their contracts and recover their payments, setting a new precedent for the real estate industry.

Infrastructure and energy company Inter Plus concludes a successful quarter with a surge in revenues and a transition to an operating profit of millions of shekels, alongside new, prestigious, high-volume contracts.

Daily trading in digital currencies is taking place in a mixed trend, but on a weekly basis the market shows impressive price increases led by XRP and Ethereum.

Lego reported a 21% revenue increase for the first half of the year, reaching 42 billion Danish krone. The growth is driven by strong sales of new sets, the launch of the Smart Play platform, and key sports partnerships.

Alice, formerly ActiveFence, has completed a funding round led by Apax Digital. Globes has learned that the round was conducted at a valuation of approximately $800 million. The company is approaching an annual recurring revenue (ARR) rate of $100 million, with a client list that includes Google, Anthropic, Nvidia, Meta, TikTok, and Amazon.

Tens of thousands of migratory birds expected to arrive in the Hula Valley pose a real danger to winter crops. Now, the urgent solution being crafted in government ministries to prevent a heavy financial disaster for the region's farmers has been revealed.

Following the success of its first branch in Pardes Hanna, the "Rami Levy Stock" chain is expanding to the center of the country with a new 3,000-square-meter store. The company has officially confirmed the opening date.

July data reveals significant supply gaps: while small apartment availability has recovered, a 25% shortage in large units persists, driving a 4.8% annual price increase.

A new macroeconomic review reveals an unusual gap between the current interest rate and the state of the economy, indicating that at least two rate cuts are expected in the coming year, contrary to market estimates.

With a 163% jump in net profit from continuing operations and all-time record revenues, the Israeli software giant presents a phenomenal first half and distributes tens of millions of dollars to shareholders.

With a $719 million compensation hanging over the company, Judge Iris Lushi-Abudi granted Papaya Gaming's request to appoint a special manager, but ordered the debt settlement to be improved. The judge also sent a message to the plaintiff, Skillz, noting that it cannot categorically oppose any settlement, and announced that she expects to issue a 45-day stay of proceedings, subject to Skillz's...

During insolvency proceedings, a debtor inherited a share of an apartment that was at risk of forfeiture. Through a court-approved creditors' arrangement, he successfully redeemed his rights to the property.

Smart Shooter's operating profit dropped by approximately 70% in the second quarter to $238,000. The company attributed the rise in expenses partly to the strengthening of the shekel.

In this budget, you can find good models, but differences in connection type, comfort, and compatibility with PC, PlayStation, Xbox, and Switch can significantly impact your choice. Here is what you need to know before buying.

Insider movements are always interesting. It is customary to say that when insiders sell, there can be a variety of reasons for this, and it does not necessarily indicate that they think the stock is unattractive. Conversely, when insiders increase their holdings in their company, it can certainly be a sign that the stock is interesting.

Ahead of the busy Tishrei holiday shopping season: the textile and home design chain continues its expansion trend and is launching a new branch covering approximately 200 square meters in the new complex of the HaZahav Mall in Rishon LeZion. The chain will offer a new collection and unique launch promotions.

Former boxing champion Johan Zaoui has sued developer Rudy Gabsi, alleging breach of a loan agreement and failure to provide collateral for luxury properties in Tel Aviv.

One of the oldest and largest content brands in Israel in the fields of architecture and design is moving into the hands of CEO and Editor-in-Chief Helena Mor. It has become known to ice: the acquisition amount is estimated at approximately 3 million shekels.

The infrastructure and industrial conglomerate controlled by Shlomi Fogel, Sami Katsav, and others concluded an exceptionally strong quarter - with an 84% jump in EBITDA, a 2.5 billion shekel order backlog at the shipyard, and a new silo facility that may directly affect food prices in Israel.

Reports in the UK reveal that Leonid Radvinsky received a total of more than $2 billion from the platform, which reported revenue of $1.55 billion for the year, an increase of 10% compared to the previous year. The number of creators on the platform rose to 5 million, half of whom are active. The number of fan accounts rose to 437 million, and about 132 million of them are considered active.

Electra has divested its contracting operations in Nigeria for $15 million, marking the company's complete exit from Africa. The decision follows limited business scale and a challenging operating environment.

Vacations, weekends, and even at home: the insurance coverage you pay for annually is valid 24 hours a day. Attorney Sheri Dvir, an expert in tort law, notes that awareness of these rights can save families significant money.

In the second quarter reports of the Tidhar Group, the company recognized expenses totaling 75.2 million shekels, including grants and bonuses to employees, following the IPO it carried out earlier this year. CEO Uri Levin also addressed the stagnation in the real estate market and said: "The demand today is lower than it was in the past for a long time, longer than we were used to in the past."

Chip and technology stocks are recording sharp declines amid concerns over the financing costs of artificial intelligence infrastructure, but the financial sector is benefiting from a rotation of funds and reaching new record highs.

The National Labor Court rejected the appeal of the Dfus Offset Emmanuel company and upheld an unprecedented compensation of half a million shekels for violating the right to organize, as a deterrent.

IBI investment house retail analyst Yuval Gur-Arye identifies an opportunity in the shares of meat producer Baladi, precisely after the drop it suffered following the split from Shufersal. What is behind the recommendation, and why does the investment house believe the market overreacted?

Selling shares after moving between countries can lead to complex tax consequences. The Israeli Tax Authority considers not only the exit date but the entire history of asset ownership, including periods of residency and tax exemptions.

A major fintech deal: Nayax is acquiring smart parking company IPS Group for $350 million in cash. The transaction, partially financed through a $150 million debt raise, will expand Nayax's potential market by $85 billion. CEO Yair Nechmad: "We will offer cities a unified platform."

According to the Ministry of Finance's chief economist, the economic cost of reserve duty has surged: about 39,000 shekels per month for men aged 22–30, and about 68,000 shekels for those aged 31–39.

Keystone CEO Navot Bar stated that the Egged IPO is planned for 2027: "It is already in the works." The infrastructure company raised its 2030 equity target by 50% to 6 billion shekels.

The Keystone fund, which previously competed to acquire Shikun & Binui Energy, has reported strong financial results: a 71% jump in return on equity and an investment portfolio exceeding 4.7 billion shekels. What does this mean for investors and pension funds?

Following claims of a significant drop in apartment prices, Tidhar CEO Ori Levin analyzed the expected market recovery based on reports showing increased revenue and sales. It has been revealed that employees and former staff received tens of millions in bonuses.

Energy Minister Eli Cohen and Mayor Yair Shtebon signed an agreement to connect the city to the central Gush Dan wastewater treatment system. The move is intended to remove an infrastructure barrier ahead of the construction of about 12,000 housing units and an increase in the population to more than 50,000 residents.