Economy

Investment giant reveals: the stocks you should buy now
A dramatic review by UBS analyzes the historic surge of the world's leading indices to new highs, and explains why the gains are no longer dependent only on tech giants and how to build your portfolio.

Amdocs Reports $1.175 Billion in Revenue and Reaffirms Annual Guidance
Amdocs has released its financial results for the third quarter of fiscal year 2026, reporting revenue growth and confirming its annual outlook. The managed services sector remains the primary growth driver, achieving record revenues of $791 million.

Osher Ad launches a new hit at a floor price: 39.90 NIS
The chain has started selling a miniature shopping cart designed like the regular carts, allowing children to walk alongside their parents during shopping and enjoy a useful toy that will accompany them at home as well.

Drama on Wall Street: A well-known Israeli stock crashed by more than 30%
The reporting season in New York is hitting local companies, as alongside an unusual collapse of an energy giant, another Israeli stock actually surprised investors and jumped by tens of percent.

Breaking the concrete floor
For years, it has been customary to speak of a "glass ceiling": the invisible barrier that prevents talented women from advancing to the most senior positions. But before they collide with the ceiling, they must escape from what is known as the "concrete floor."

Eitan Yohananoff breaks the market: new promotions to save you hundreds of shekels
Competition for the Israeli consumer is intensifying, as the Yohananoff chain launches a series of surprising discounts on popular baby products, cleaning supplies, and groceries at branches nationwide.

Israeli energy giant Econergy acquires French company Escofi
The Israeli company Econergy has signed a binding agreement to acquire the French firm Escofi, which holds a 740 MW wind energy project pipeline, expected to generate significant long-term revenue.

Government company TAA against the Electricity Authority: "Rejecting Dorad 2 is a dangerous precedent for the entire market"
The government company TAA, the largest shareholder in the Dorad power plant, is challenging the Electricity Authority's decision to block the expansion of the facility by 670 megawatts.

TurboGen fined 550,000 NIS following incorrect order backlog report
TurboGen has been fined 550,000 NIS following an administrative enforcement agreement with the Israel Securities Authority. The penalty stems from misleading information regarding the company's order backlog reported in a June 2025 presentation.

Israeli gaming giant Papaya Gaming files for bankruptcy in the US following court loss
Israeli gaming company Papaya Gaming has filed for Chapter 15 bankruptcy protection after being ordered to pay $719 million to competitor Skillz. Operations will continue as usual while the company appeals the decision.

After months of crisis: another round of layoffs at Walla
After months of tension between management and the employees' representatives, agreements were reached on a reduction plan: up to seven employees will end their employment, two will be reassigned to other roles, and management committed not to carry out further layoffs among journalists in the next seven months.

Israeli pensioner revealed his monthly expenses: 'I cannot cope with this'
In a report on Channel 12 that dealt with the cost of living and the question of how much it costs to grow old in Israel, Yossi, a pensioner in his 70s, revealed his monthly expenses which reached an especially high amount. In front of the cameras he admitted with pain: 'My daughter helps me with food containers, it is a shame' | All the details

20 million shekel investment down the drain: huge shopping complex in Israel closes
The Italian food hall Eatalia in Petah Tikva, established with a massive investment by leading restaurateurs, has suddenly closed its doors after only 3 years, and ordering systems have been completely blocked, leading to a quick and sad end.

The Door to Wall Street: Israeli Banks Prepare for Dual Listing
Bank of Israel Supervisor Daniel Hahiashvili has released a draft circular allowing banks to report under US GAAP. This move removes a major barrier to dual listing on US stock exchanges.

Over 4,000 Apartments: Urban Renewal Blitz Projects
District Planning and Building Committees have advanced a series of urban renewal projects in Kiryat Gat, Kiryat Motzkin, Haifa, and Ramat Gan, totaling over 4,000 new housing units.

Taboola Misses Expectations and Lowers Guidance — Shares Drop on NASDAQ
Taboola reported its second-quarter 2026 results, showing improved profitability despite missing revenue forecasts. The company lowered its annual revenue outlook, causing shares to fall by 26%.

Gaps of up to 3,524%: The product sold for 239 shekels instead of 6 shekels
Niv Gilboa sent a hidden camera to model Maya Kay's new store at the Ramat Aviv Mall, and warned against the unusual markups of her technological accessories brand: "You will pay hundreds of percent more for the products."

National Insurance: How Old-Age Pensions Are Calculated
A worker and their employer may transfer over a million shekels to the state throughout their career, but the National Insurance Institute distributes old-age pensions amounting to only a few thousand shekels. We explain how this mechanism works and why it is not a personal savings account.

Yitzhak Tshuva in a mega-deal: Energy company acquired for 38.5 million dollars
Significant expansion in energy operations in Canada: InPlay, partially held by Delek Group managed by Idan Walles, acquired a Canadian oil and gas company for tens of millions of dollars. This is another strategic move supporting continued value creation and the expansion of energy activity in North America. Since Delek's investment in InPlay, the stock has jumped by about 50%.

The S&P 500 Hits a New Record: What Comes Next
The primary Wall Street index has returned to an all-time high following two months of stagnation. Most Israelis are exposed to this performance through pension and advanced study funds. We examine the catalysts for this surge, the distance to the next milestone, and why analysts remain cautious.

Renowned restaurant chain goes bankrupt: request for liquidation, rising costs were the deciding factor
The American fast-food chain Salad and Go has filed for protection from creditors and will cease operations entirely. The chain explains that rising costs, a hit to demand, and a parasite outbreak in the salad industry led to the collapse.

El Al flying high, energy stocks diving | Stock exchange summary
Stock exchange summary: A volatile and mixed trading day on the Tel Aviv Stock Exchange. Alongside an impressive double-digit jump in El Al shares and notable gains in Camtek and Keystone Infra, renewable energy shares experienced price declines.

Tax Authority Plans to Revise High-Tech Option Taxation
The Ministry of Finance and the Tax Authority are considering increasing taxes on employee stock options in the high-tech sector as part of the 2027 budget, while proposing a reduction in wage taxes.

Refund Refused to Soldier Serving in Lebanon: "We Are No Longer in a State of War"
The partner of a reservist currently serving inside Lebanon claims she encountered "callous" treatment from "Kupat Tel Aviv" after requesting to cancel tickets for a show following her partner's call-up to reserve duty.

14.5% Salary Increase and Improved Conditions: Tambord Employees Secure New Agreement
The Histadrut and the management of Tambord have signed a four-year collective agreement granting approximately 70 employees a 14.5% salary increase, alongside improved welfare benefits and food allowances.

Lotto goes wild: This mistake cost players 80 million shekels
Two participants were a step away from the grand prize in the latest Lotto draw, but missing the strong number left the huge jackpot unclaimed and rolled it over to the next draw.

Up to 60% Off at Super-Pharm: Computers and Tablets Starting at 322.50 Shekels
Super-Pharm is launching a back-to-school promotion, offering discounts of up to 60% on a wide range of popular electronics, including laptops, tablets, and e-readers.

Yaakov Atrakchi: 'One More Interest Rate Cut Is Enough for More People to Buy Apartments'
Aura is launching a marketing campaign with the 'Hever' club, offering discounts and 15:85 financing terms on 800 housing units across five projects to boost sales after a slow first half of 2026.

A 140% surge in months: The new market driving investor interest
A new research report by DeFiLlama reveals that the active market capitalization of stock tokens has nearly doubled to $2 billion. Which exchange is leading the revolution?

Tender "Wave" for 7,390 Housing Units Focuses on Periphery
The Israel Land Authority is closing tenders for 7,390 housing units this week. All plots are located in the periphery, with no tenders in high-demand areas or major cities.

Competition Authority approves sale of Hot Mobile at a valuation of 1.8 billion shekels
The Competition Authority has approved the sale of Hot Mobile. The deal now awaits final approval from the Ministry of Communications, which is currently reviewing the merger.

Banks Hapoalim and Discount to Sever Ties with PA: Economic Impact
The expected cessation of bank transfers between Israel and the PA in September-October threatens financial chaos. This move creates risks for trade and security, forcing businesses to shift to cash transactions.

Petah Tikva: 227 new apartments instead of 56 old ones
Three residential buildings containing 56 old apartments were demolished as part of an urban renewal project, and in their place, two 24-story residential towers containing 227 new apartments will be built. An apartment owner in the demolished building: "A sense of relief, pride, and hope."

A massive $55 billion deal: Gaming giant is being sold
The completion of the massive acquisition of the popular game manufacturer by the Saudi wealth fund and its partners raises difficult questions regarding the future of beloved titles, the payment model, and the possibility of widespread layoffs at the company.

Eran Zahavi launches his own padel league: "EZ7 Padel Tour"
Israeli football star Eran Zahavi is expanding his business portfolio by launching a national padel league and opening a new sports complex under his ownership.

Ofer Yanai Celebrates Major Deal: 600 Million NIS Contract
Nofar Israel, owned by Ofer Yanai, has signed a 15-year agreement with Super Power Electricity to supply electricity from energy storage facilities. The deal is valued at approximately 600 million NIS.

Crypto Market Update: Bitcoin and Leading Assets Show Growth
The digital currency market is trending positively, with Bitcoin and Ethereum gaining value, while BNB recorded the most significant daily increase. Meanwhile, Ripple and USDC saw slight declines.

Pozis Family Increases Stake in Novolog Amid Control Struggle
The Pozis family is acquiring an 18.2% stake in Novolog from Phoenix and Arkin at a 19% premium. The move comes as a counter-measure to Eli Dahan's attempt to invest 100 million shekels, which would have diluted the founding family's holdings.

How to choose the risk level that suits you: A complete guide to building a smart investment portfolio
Every investor seeks higher returns, but not everyone is prepared for the associated volatility. Before selecting assets, it is crucial to determine the risk level that aligns with your goals and temperament. This guide will help you build a balanced investment portfolio.

SolarEdge Stock Drops 12% on Weak Outlook Despite Return to Profitability
Israeli company SolarEdge reported a return to non-GAAP adjusted net profit of $3.6 million in the second quarter of 2026. However, the stock fell by 12% following a disappointing revenue forecast for the third quarter.