Economy

Three years after an unsuccessful attempt to take control of Petrochemicals, businessman Michael Bobrov sold his 18% stake in the company for 107 million shekels. The transaction was executed at a discount of over 20% to the market price.

Dalia Energy has secured approval from the Electricity Authority for the financial closing of the Eshkol Avshal project in Ashdod. Bank Hapoalim will serve as the senior debt arranger for the 5.2 billion shekel project.

The holding company's quarterly loss was primarily driven by accounting write-downs in the British Brockton Everlast and Energix, while operational results of held companies rose by 14%. The stock trades at 30 shekels against a Net Asset Value (NAV) of 42.5 shekels. Is the discount justified?

Tel Aviv closed in the red as Mizrahi Tefahot disappointed and dragged the banks down, but Maytronics surged on reports of talks for FIMI to enter. On Wall Street, oil jumped and yields are at a 19-year high. What is expected today?

The trading day is expected to open with declines. The escalation between the USA and Iran is dragging Asian stock markets down, while oil prices continue to climb. Wall Street closed in the red yesterday, with chip stocks being a bright spot. Government bond yields worldwide are climbing to new highs, which is triggering a new wave of concerns. Also: a research firm predicts an upside of over 16%...

The strengthening of the shekel against the dollar may lead to an immediate interest rate cut in September, but economists warn that the move is nearing exhaustion and that inflation is expected to climb again towards the end of the current year.

The American banking giant JPMorgan Chase has ceased direct banking services for the prediction platform Polymarket amid regulatory concerns. All the details.

Globes presents the first update on the state of markets around the world. This morning: the escalation between the US and Iran is dragging down Asian stock exchanges. The yield on 30-year US government bonds climbed yesterday to a high of nearly two decades. Oil prices continue to climb, with Brent crude trading above $90 a barrel.

Leon Cooperman is considered one of the most pessimistic investors on Wall Street, and he has returned with a new warning. According to him, the US is in danger of a recession, and inflation could return the economy to the crisis of the 70s.

The Sky investment fund is exploring options to exit its stake in Icon Group, the parent company of the iDigital chain. Management has held meetings with potential buyers, valuing the company at over 500 million shekels.

G City CEO Chaim Katzman plans to spin off assets into a new subsidiary, 'Naga Commercial Properties,' distributing shares to existing investors. While intended to reduce debt, market analysts warn of significant risks and high leverage.

The banks filed an appeal to the Competition Tribunal against the Commissioner's decision to declare them a concentrated group, as well as against the directives set in the field of deposits. Industry experts estimate that the legal process could last up to two years. What will happen in the interim period until a decision is reached, and what are the chances of the decision being overturned?

Eyal Shina, VP of Investments at Pasternak-Shaham, identifies unique optimistic prospects in the Israeli market. He recommends maximum exposure to the shekel and flags the defense sector as an attractive opportunity following recent price declines.

The beloved sports brand is trading at its lowest level since 2014 amid fierce competition and sharp criticism from J.P. Morgan, while Wall Street remains in the red.

The Electricity Authority's move to halt new data center grid connections due to massive energy demand has sparked a public clash with the National Economic Council in the Prime Minister's Office.

A South Florida yacht and boat dealer joins the industry's wave of bankruptcies. With 2.6 million dollars in debt, a sharp drop in revenue, and pending litigation, the firm has filed for creditor protection.

Economists at the Psagot investment house warn that the downward trend in inflation has been exhausted and forecast the Bank of Israel's next steps regarding interest rates.

No risky bets: Strong brands with a clear growth path can generate exceptional returns. The tech giant and the sportswear brand that are attracting the attention of analysts.

As AI company valuations soar, concerns over environmental impact and lack of job creation have prompted US states to impose new taxes and construction bans on data centers.

Despite the drop in oil imports and severe damage to the Strait of Hormuz following the war in the Middle East, Beijing managed to add barrels to its national inventory. This is the strategic planning that calmed the markets and fears of the next price spike.

CBS data reveals that Israel's GDP growth, excluding production abroad, is only 1%. Over 90% of this offshore production is linked to Nvidia's operations.

The fast-fashion giant Shein is currently preparing for an initial public offering (IPO) in Hong Kong, but it may arrive with a price tag much lower than the one attached to it at its peak. According to a report by Reuters today (Monday), the company is expected to aim for a valuation of about 25 billion dollars, with another source pointing to a range of 25–28 billion dollars — compared to a...

Government financing costs in several developed economies have hit their highest levels since the 2008 financial crisis. Investors fear that the Middle East crisis will sustain high inflation.

The Compensation Fund is opening the option to file claims for war damages and loss of wages, with the daily compensation amount potentially reaching hundreds of shekels for each absent employee.

Rebel Creamery has filed for bankruptcy protection after being ordered to pay $23.785 million to competitor Van Leeuwen for copying its packaging design.

Following growth data that surprised the economy for the better, the Ministry of Finance plans to update the debt-to-GDP ratio downwards by about 0.5%. However, the figure is still relatively high compared to the past.

The author of 'Rich Dad, Poor Dad' warns of the massive US debt approaching $40 trillion and identifies his preferred investment. With forecasts for gold at $10,000 and silver at $200 – here is the recommendation he published | All the details

The trading day saw significant volatility: Next Vision and Tower led the gains with jumps of over 7%, while Electra Real Estate and Veridis suffered sharp declines.

Shikun & Binui Energy concluded the second quarter of 2026 with a 40% jump in revenue to 94 million shekels. Despite increasing gross profitability to 43%, a surge in financing expenses led to an 11% increase in net loss, reaching 79.9 million shekels.

The hot defense company doubled its profits and raised its forecast for the second time this year, yet it absorbed heavy selling from foreign investors. How does a stock with a phenomenal report fall, and what does it teach you about your portfolio?

The Capital Markets Authority is demanding data from institutional bodies regarding their votes at public company meetings over the last 3 years. This involves hundreds of votes per body, and the institutions have turned to their voting advisory body on compensation issues to help them meet the Authority's deadline.

Despite record industry revenues, increasing competition and heavy debts are leading to the collapse of US casino operators. Imperial Pacific International is heading for final liquidation after accumulating debts of approximately $141.6 million.

Data on insider purchases in the US market are at a low. It seems that while stock prices are hitting records, the people who know the companies from the inside show very little enthusiasm for buying their shares. A possible conclusion: you don't have to stay invested at any cost.

Palantir Technologies has positioned itself as a major beneficiary of the AI revolution, with record demand in both private and government sectors. While quarterly revenue grew by over 90%, the company's valuation has reached unprecedented levels.

The world demands more security and energy infrastructure, but supply is struggling to keep up. A chief investment officer explains why the new reality is forcing investors to recalculate their path.

A senior analyst at Wells Fargo estimates: JPMorgan is on its way to becoming the first bank in history with a market cap of $1 trillion — and could reach $2 trillion within 8 years. Wells Fargo raised the target price to $390 with an 'Overweight' rating, against the backdrop of record profits and a 21% surge in the stock.

The dollar is at a low and Israel's real interest rate is attracting demand for the local currency. The shekel has strengthened by 2.5% in a month, but IBI estimates that the fading of foreign exchange factors will push inflation back up in the second half of the year.

After negotiations with Gideon Tadmor and Emilio Schenker did not result in a deal, Pnina Edri continues her acquisition spree ahead of the massive NMC IPO. She is now in advanced talks to acquire Teddy Productions, owned by Tamiira Yardeni — the content empire behind 'Rising Star' (HaKokhav HaBa), at a valuation of tens of millions of shekels.

After a prolonged period of stagnation, one of the continent's strongest economies is presenting exceptional growth figures that beat forecasts. What is the surprising factor that led to the radical trend shift and how are the USA connected to the story?

Nofar Energy has signed a binding memorandum of understanding to acquire 100% of a European renewable energy platform. The total deal value is approximately 900 million shekels.