Calcalist

El Al airline reported its second-quarter results, showing a 27% revenue increase to $986 million and a doubled net profit of $132 million amid record demand.

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.

The power struggle between the Ministry of Environmental Protection and the Ministry of Finance has led to the blocking of tenders for new waste treatment facilities. Israel continues to landfill 80% of its waste, nearly double the OECD average.

The absence of a State Comptroller since July 2026 is blocking the publication of audit reports, including those regarding the Nova festival security. The appointment is currently stalled due to political tensions and the upcoming election cycle.

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.

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.

The Ministry of Welfare has failed for over 18 months to set equal criteria for distributing over a quarter of a billion shekels via Shas-led food cards. The funds are likely to remain in the Treasury.

SpaceX, the company controlled by Elon Musk, is set to release its first-quarter financial results. Amid market anticipation, the company's stock has jumped by 8.4% on Wall Street.

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.

The IDF recruited 4,300 Haredim in 2025, a record 53% increase. While significant, this figure represents only a small fraction of the 72,000 draft evaders, highlighting the scale of the challenge.

Procter & Gamble is acquiring the nutritional supplement brand Thorne for $3.8 billion. The deal aims to expand the corporation's Health and Wellness division.

The strengthening of the shekel against the dollar and euro has significantly boosted the gross profitability of food importer Wilifood. Despite these gains, the company has not lowered consumer prices.

OLIGO Security has raised $60 million in an extended Series B funding round. This investment brings the total capital raised by the company to $140 million, with its valuation more than doubling over the past year.

Prediction platform Polymarket is seeking to raise $1 billion at a valuation exceeding $20 billion. The company faces stiff competition from Kalshi and an ongoing investigation by the CFTC.

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.

An inter-ministerial team recommends establishing a 'social service operator team' to streamline tender procedures. This is part of an effort to address severe bureaucratic failures in a 17-billion-shekel procurement sector.

QuantHealth, a company developing AI-based simulations for clinical trials, has raised $45 million in a Series B funding round. The total amount raised by the company has now reached $75 million.

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.

Ayalon Insurance and Platinum Capital have filed a court motion to appoint a receiver for a completed TAMA 38 project in Ramat Gan, citing 48.9 million shekels in outstanding debts and liabilities.

Following a weak first quarter, Delta Brands, led by Anat Bogner, reported a strong second quarter with an 18% revenue increase to 310 million shekels and a 27% jump in net profit.

The Tel Aviv District Court has rejected a petition by the Ramat HaSharon municipality against the "Elco Complex" project by Israel Canada. The ruling allows the developer to proceed with licensing and construction of the new urban district.

The National Library of Israel has launched "The Question of Questions," an exhibition exploring the mysteries of the universe through the works of great thinkers from Newton to Maimonides.

MK Naama Lazimi and Hiddush legal advisor Dr. Ifat Solel have petitioned the Supreme Court to block a Finance Committee meeting. They argue that the proposed 360 million shekel budget transfers during the election recess violate Knesset regulations.

American defense-tech company Palantir reported second-quarter results that exceeded analysts' forecasts. Consequently, the company raised its full-year guidance, and its stock climbed 12% following the announcement.

Wix reported a net loss of $76.4 million for the second quarter of 2026, driven by high operational and marketing costs associated with the integration of the Base44 startup.

Life in Israel is putting citizens' mental resilience to an unprecedented test. Public pressure seeps into homes, taking a toll on couples. Psychologist Dr. Maayan Boyman-Meshita offers a toolkit to protect the home fortress.

Foreign exchange markets remain calm, with the dollar trading above 3.04 shekels and the euro above 3.50 shekels. Alex Zabezhinsky, chief economist at Meitav, argues that market forecasts for a Fed rate hike are exaggerated.

Musician Yuval Havkin, known by his stage name Rejoicer, possesses a rare ability—synesthesia, which allows him to "hear" colors in music. Ahead of his Sonic Blue show, he discusses his creative process, the influence of the sea, and his father's personal journey.

The Nissan Qashqai E-Power features a unique hybrid system where the gasoline engine acts as a generator. Despite its premium price, it stands out for its build quality and driving comfort.

Asian indices are trading lower: the Nikkei is down 0.7%, while the Hang Seng and KOSPI have fallen by 0.5%. Following yesterday's sharp decline, oil prices are showing a partial recovery, with Brent crude rising 1.3% to $84.9 per barrel.

The Public Utility Authority (PUA) is considering a significant tariff cut for solar roof owners, threatening the economic viability of thousands of projects. Local authorities and energy experts warn this could halt Israel's progress toward clean energy goals.

The IDF was on the brink of renewed regional war with Iran due to US President Donald Trump's threats. Constant readiness for combat has already cost Israel 51 billion shekels.

Investment house Mor and the HaBaita Living group have formed a coalition holding 25.1% of Orion's shares to challenge Chaim Katzman's influence. They are demanding the appointment of their own candidates to the board.

Global Retail, which operates Carrefour in Israel, has signed an agreement to acquire a 70% stake in the distributor Free Market at a valuation of 19 million shekels. The deal allows the retailer to enter the wholesale market for small businesses.

The Water Authority has disqualified Meir Pinchas from the position of CEO of the Bnei Brak water corporation, Mei Barak, after finding he did not meet the mandatory professional experience requirements.

Former Apax Israel partner Erez Nahum is raising 500 million shekels for his new Leox Opportunity Fund. The fund will focus on mid-market investments, directly competing with his former employer.

TMTG, a company owned by US President Donald Trump, has launched Truth API, a service providing real-time access to the President's social media posts. Subscription fees reach $100,000 per month.

A court has temporarily blocked National Security Minister Itamar Ben Gvir's initiative to use crocodiles for security at Ketziot Prison. This move reflects a broader trend of political interference that Defense Minister Israel Katz is also adopting.

Plastics company Plas Fit has acquired the assets of lighting manufacturer Gaash LED for 8 million shekels. The court-approved deal aims to preserve operations following Gaash LED's 22 million shekel debt crisis.