Economy

A warning letter including a request for approval of a class action, alongside a derivative lawsuit already filed in court, landed on the company's desk, claiming that the figures used to price the merger with Ciphia Vision were inflated and that the allocation ratio was skewed to the detriment of veteran shareholders. The development comes just days after the designated CFO refused to take the...

Ahead of the US Open, Forbes released its 2026 earnings ranking: Jannik Sinner leads with $58 million, while Serena Williams' comeback places her in the top three. For the first time in history, women make up the majority of the top ten.

China's CXMT is suing the US Department of Defense, demanding to be removed from the list of companies that the US believes are assisting the Chinese military. The company claims it produces chips for civilian and commercial use only. The significance of the US list: it could lead to restrictions and damage the company's reputation.

The NBA expansion process is gaining momentum, and according to The Athletic, Las Vegas may receive a team before Seattle. The league is targeting an entry fee of 7–10 billion dollars.

After years of absence from the local market, the home appliance giant, through Miniline, is bringing back the American brand with a new series of refrigerators adapted for the Israeli kitchen. The new series includes four-door models, zero-clearance models, and bottom-freezer models, with volumes of up to 812 liters.

The company reported strong results for the first half of 2026, with revenue reaching 705.8 million shekels and a positive operating cash flow of 43.7 million shekels.

The chip giant beat all forecasts and raised its full-year outlook, but Wall Street investors reacted in a way that surprised the market. What happened during after-hours trading?

Pluri has entered into a securities purchase agreement with a healthcare-focused institutional investor. Under the deal, the investor will acquire 2,228,940 ordinary shares at a price of $1.50 per share.

Israeli holding and investment company Mivtach Shamir has released its financial results for the second quarter of 2026, showing an increase in equity alongside significant losses in the technology and international real estate sectors.

OpenAI, the developer of the popular chatbot ChatGPT, has begun displaying ads to users in India, one of its largest and most active markets. The ads will be shown to users on the free plan and the low-cost "Go" plan, which costs about 4 dollars a month. The move, already active in 38 countries including the USA, Japan, and European nations, is intended to increase the company's revenue ahead of...

Since the beginning of the year, Aura has sold 436 apartment units, and this month another 284 purchase requests were signed as part of the "Hever" campaign. Owner and CEO Yaakov Atarchi: "I think it is attractive to take a mortgage now, and in a weak market, you can get a better price."

In the second quarter, Camtek saw net profit growth driven by financial income despite an erosion in operating margins. CEO Yaakov Herschman highlighted concerns regarding the impact of the US-China trade war on the company's client base.

Yanai will remain with 40% of the shares, while Gili Raanan, Miki Malka, and Alan Howard will each hold 20%. The move is intended to create a broader ownership structure and bring fans back to the stands. Ongoing management will pass to Chairman Stav Shaham.

Rami Levy's drone company presents reports with a question mark, an Osher Ad product is blocked for use in the country, Yitzhak Tshuva with 3 acquisitions in 4 days, Harel Wiesel brings in about 2 billion shekels, Akirov's profit fell by 70%, Nvidia brings in 96 billion dollars, and Egged is on the way to the stock exchange | News of the week on ice

The real estate market slowdown is bypassing the leading urban renewal company. Aura sold 385 apartments in five days during the 'Hever' campaign, with revenue crossing the 1 billion shekel threshold for the first half of the year.

Payment company Stripe and investment fund Advent International have decided to withdraw from the planned acquisition of PayPal. Following the news, PayPal shares fell by 15% in pre-market trading in New York.

While you were relaxing, Israeli high-tech was running on turbo. With half a billion dollars in funding, one huge exit, and several under-the-radar surprises, the sleepy summer month became the most active in recent years.

Former Bank Leumi CEO Rakefet Russak-Aminoach has been appointed to the board of directors of the American cyber company Rubrik. She joins a group of global technology and investment industry leaders.

Viewers are increasingly moving away from daily routine viewing, yet Kan 11 is showing a surprising strengthening in all broadcast segments while other major channels lose ground.

The tight battle for second place in prime time and news broadcasts has been decided with particularly surprising data, as one of the channels managed to overtake long-standing competitors and establish itself as the runner-up to the leader.

Four years after stepping down, Ofer Greenberger has returned as CEO of the Israeli division of Applied Materials, a company described by the New York Times as one of the "most important in the world." With revenue forecasts exceeding $10 billion, Greenberger highlights the pride of local production in Rehovot.

Rami Levy Real Estate reported a strong quarter of operational growth for Q2 2026, despite a temporary dip in net profit due to securities portfolio revaluation. The company unveiled an aggressive development plan aimed at doubling its NOI over the next four years.

After an especially challenging period and a sharp drop in stock price, the company developing wireless charging for vehicles is showing dramatic operational improvement and a reduction in losses, but the big test for investors is still ahead.

The Ministry of Finance is establishing a dedicated product division within its Technology Department for the first time. Vlad Bernin, a senior executive with extensive experience in the high-tech and fintech sectors, has been appointed as the ministry's first Chief Product Officer (CPO).

A new analysis by the Swiss bank Lombard Odier reveals how autonomous technology will transform vehicle ownership habits and radically alter insurance cost structures.

Childhood traumas hardened them and paved the way for great success: Dani Brickman grew up in a family of new immigrants from the CIS and suffered racist harassment at school, Amit Zimmerman was orphaned of his father at age 10 and suffered from learning disabilities. The two, who met in an elite intelligence unit and have been inseparable since, founded the cyber company Oasis and led it to a...

Moments before the trial began, the tech giant reached a significant settlement following a lawsuit that accused it of charging unfair commissions of up to 30% and causing severe harm to small businesses.

Insurance company Menora Mivtachim is acquiring 40% of the shares of the hedge fund Agility for 200 million shekels. The deal values the fund at 500 million shekels, surprising the capital market.

Following a rigorous search process, Professor Amir Yaron has appointed Limor Schwartz, an expert with 25 years of experience in data and artificial intelligence, as the new Director of the Information and Statistics Department at the Bank of Israel.

Nvidia will lease up to 4 MW at the Serverz data center in Kfar Saba, a deal expected to generate 8 to 18 million shekels annually for the Rani Zim and Kardan-Geva partnership. The facility, currently operating at 20 MW, plans to scale to 200 MW amid a national shortage of data center space and grid connection freezes.

Multi Retail, owner of ACE, Auto Depot, and Betili, concludes the first half of 2026 with a 175% jump in EBITDA. This comes shortly after the agreement was signed to sell control of the company to the Ganon Group.

The Israeli financial giant is entering into a strategic partnership to acquire hundreds of income-generating solar projects abroad, most of which are already connected to the power grid and secured by long-term hedging mechanisms.

Competition for consumers, who often prefer to shop online or abroad, forces malls to change their mix. From padel courts on the roof to gaming complexes, with investments of tens of millions of shekels.

Dreame, which unveiled a concept car promising 0-96 km/h acceleration in 0.9 seconds, is closing its automotive project. Following the withdrawal of government funding, only HR and legal staff remain to wind down operations, which previously employed 1,000 people.

Ahead of the new school year, the Israel Electric Corporation is finalizing power grid connections and upgrades for 270 educational institutions. Preparations began earlier this year following requests from local authorities.

A technology company operating in the global chip market is launching a share buyback program. The board of directors determined that the move constitutes a sound business opportunity that serves the best interests of shareholders.

The cyber company Echo has acquired the assets of Minimus in an all-cash deal. Minimus decided to cease operations, and Echo will integrate their technology into its software and services portfolio.

The construction materials and income-producing real estate company reported a drop of over 85% in profit during the quarter, following a decrease in revenues and an increase in transportation and management expenses. Simultaneously with the publication of the reports, Ackerstein announced the departure of CEO Amit Lang, less than a year after he was appointed to the position.

The end of a drama lasting more than a decade: a court in Brazil has finally approved the bankruptcy of telecom giant Oi and rejected the banks' appeals. Despite the collapse, the company will continue to operate temporarily to prevent the shutdown of essential services; initial liquidation procedures have begun.

Altice reports reveal a dual picture in HOT's Israeli operations: EBITDA jumped 6.5% in euro terms, but actually eroded in local currency. We analyze why cash flow improved despite business stagnation.