Globes

In this week's Globes review, we analyze the performance of Israeli stocks on Wall Street. Cybersecurity weakness wiped $1.3 billion off Check Point's valuation, Radcom shares plunged 20% following a guidance cut, and a failed clinical trial sent Karyopharm to an all-time low.

Prime Energy has signed a framework agreement with Delek Nasim to build server farms at gas stations. This strategy allows the company to bypass power grid connection bottlenecks and pursue an ambitious expansion plan despite recent regulatory restrictions.

Criminal incidents at Japanica branches have coincided with a peak in investment interest in the Israeli restaurant sector. Experts are debating whether market fears are justified and if the growth potential remains for other chains preparing for IPOs.

A 185 sqm duplex-penthouse in Jerusalem's "Mishkenot HaUma" project has been sold for 12.25 million shekels. This transaction marks the highest price ever recorded in the complex.

A wave of layoffs has hit the Israeli high-tech sector, affecting over 10,000 employees this year. Experts provide essential advice on how to manage stock options to avoid tax pitfalls and financial losses.

A Wall Street Journal investigation reveals that viral videos showcasing massive winnings on Polymarket are staged. The company paid students to execute dummy transactions on fake websites to attract users.

A direct-to-consumer retail model is gaining traction in Israel via WhatsApp purchasing groups. Consumers get fresh produce without retail markups, while farmers retain up to 40% of revenue previously lost to intermediaries.

The AI-focused hedge fund Situational Awareness, managed by 25-year-old Leopold Aschenbrenner, has collapsed. Assets under management plummeted from $45 billion to approximately $10 billion.

With the project's completion in two years, the young couple will receive a 4-room apartment with an 80 sq. m MAMAD (protected space) and a balcony. The broker estimates that the 1.58 million shekel deal reflects the current buyer-friendly market. Plus more real estate deals from the last week.

The success of "The Odyssey" will bring Syncopy over $130 million, proving the effectiveness of the new business model developed by Christopher Nolan and Emma Thomas. The director has transformed blockbuster production into a lean, highly efficient process that eliminates personal financial risk.

The apartment-moving season is in full swing, rent is rising, and apartment landlords need to check whether they must report to the Tax Authority on rental income and, if so, which track to choose. Globes has compiled for you all the questions, options, and relevant data.

The price of a McDonald's Big Mac in Israel rose from 20 to 23 shekels at the start of the year, which, combined with the strengthening of the shekel, pushed the country to second place in The Economist's index. However, the ranking reflects currency fluctuations and corporate pricing rather than just the overall cost of living.

Wall Street futures point to a recovery led by Amazon and Microsoft earnings. South Korea's KOSPI index recorded a historic 17.9% surge.

Udi Netzer, a veteran venture investor, faces significant losses in the housing market. After buying a Tel Aviv apartment for 6.7 million shekels, he realized that canceling the deal and losing 540,000 shekels is more rational than proceeding with the purchase.

July in global stock markets was characterized by sharp declines led by technology stocks, particularly the chip sector, which plummeted by a double-digit rate. Concerns over an AI bubble were compounded by Middle East escalation and rising oil prices.

Real estate developer Avisror has completed its IPO at a valuation of 2 billion shekels, a 23% reduction from initial expectations. The company raised 530 million shekels in the process.

Equity and general investment tracks ended the month with negative returns of 0.9% and 0.5% due to market volatility. Despite declines in the US, the S&P 500 track recorded a positive return of 2.4% thanks to the strengthening of the shekel.

Tel Aviv trading is set to open amid falling oil prices and a Saudi maritime security initiative. Asian markets are rising, led by the KOSPI and chip stocks. Wall Street saw a 17% surge in Microsoft and a chip rally. Tech giants reported: Amazon jumped 8%, while Apple fell in after-hours trading. The Bank of Japan kept interest rates unchanged. Ed Yardeni: "The Dow theory remains bullish." Globes...

Transitioning to retirement requires a shift from an accumulation paradigm to a withdrawal one. There are two primary mechanisms: the lifetime pension annuity and the 'annona' (regular withdrawal). Experts explain the differences in taxation, flexibility, and risk, helping retirees balance guaranteed income with control over their capital.

The company exceeded forecasts for both profit and revenue. iPhone revenue totaled $54.25 billion, surpassing expectations. iPad and services revenue were slightly below forecasts. This marks Tim Cook's final report as Apple CEO.

Amazon published its financial results for the second quarter of 2026, beating analyst expectations for revenue and earnings. Following the report, the company's stock rose by 8% in after-hours trading.

The insurance and finance company is buying back 5% of its pension and provident fund operations from the Allied Group for 249 million shekels, reflecting a valuation of about 5 billion shekels for the activity. Four years ago, Yitzhak Suary's Allied acquired the stake for 129 million shekels, and it will continue to hold 5% of the activity.

Tax Authority Director Shay Aharonovich is considering raising the tax on employee options from 25% to 30%. Critics warn that this move could drive away talent and harm the high-tech sector.

Bank Hapoalim ranks first in the Globes and Geocartography list for the third consecutive time, with recall and likeability rates significantly exceeding the semi-annual averages.

The yen's surge has reignited assessments that authorities in Japan entered the foreign exchange market to curb the currency's weakening. The Bank of Japan is expected to publish its interest rate decision tomorrow, with expectations of no change.

A study by Globes and the Israeli Citizens' Empowerment Center reveals that excessive formalization and a cumbersome appeals mechanism in the civil service are blocking the recruitment of qualified professionals. In 2024, there was one appeal for every 4.2 tenders.

The company recorded a 15% growth in quarterly revenue to $366 million and a net profit of $45.3 million. CEO Gal Krubiner stated that the record quarter demonstrates the company's growth engine is operating at full power.

Generation Capital has signed an agreement to acquire the energy arm of Shikun & Binui for 4.45 billion shekels. To secure regulatory approval, the parties have outlined a contingency plan involving asset swaps in power plants, including the Sharon region project, with the participation of Nofar Energy.

The yield on the 30-year US government bond has surged to 5.24% — a high since 2007, driven by oil price spikes, the massive US deficit, and a wave of AI-related bond issuances. Analysts warn: "CFOs will be forced to pay more, and M&A activity is at risk."

The construction company Avisror is seeking to go public at a valuation of 2.2 billion shekels, about 15% lower than it had aimed for. To attract investors, it is offering free options, as several companies have done before it. The prospectus reveals: profitability in Sde Dov is low, but controlling shareholders are selling apartments to family members.

After a year of slowing hiring, companies in technology, transportation, and defense industries now say they need additional workers to work alongside artificial intelligence.

Volatile trading in Asian tech stocks: Samsung reports record profits, Zhongji Innolight falls in its Hong Kong debut. Wall Street futures are slightly up following Microsoft and Meta reports. The Fed kept the interest rate at 3.75%, and the split among members is deepening.

The local stock exchange will open against the backdrop of a sharp escalation in the conflict between the USA and Iran, and a negative arbitrage gap in chip stocks. US bond yields are jumping to new highs after the interest rate remained unchanged, and the hawkish message from Fed Chair Warsh: "We will not hesitate to act". Also: MFS's warning shakes AI and the quiet stocks that are now marked as...

A surge in oil prices and inflation fears are pushing bond yields upward, but unusually, the spreads between government and corporate bond yields are not widening sharply. We explore the drivers of this equation, the opportunities it presents, and how to start investing.

Ben Lavi, 28, defines himself as a "serial entrepreneur" and has only been investing for a year and a half. He prefers a simple strategy of indices and crypto, focusing his energy on his businesses rather than active trading.

The solar production tariff will be cut by tens of percent and could reach up to 35 agorot per kWh for those installing systems from 2027 onwards. Additionally, the Ministry of Energy proposes a differential payment for large roofs.

Insurance company Ayalon is returning to the provident fund sector with an ambitious goal of managing 100 billion shekels within five years. To achieve this, the company is aggressively targeting insurance agents with high commissions and incentives, including luxury trips to Australia.

The central bank left the interest rate in the USA unchanged at 3.75%, in line with market expectations. Despite the geopolitical escalation, the latest macro data did not give the Fed a reason to rush into monetary tightening, although markets are betting on an interest rate hike in September.

Two projects with a total investment of about 14 billion dollars aim to turn the UAE capital into a hub for the world's highest concentration of centenarians. How much does it cost to live there, and what similar complexes already exist? Introducing our new section: Longevity Science.

The largest real estate deal in Kiryat Shmona since the start of the war: Bank Leumi sold the building that was hit by a missile. Chef Israel Aharoni revealed a new restaurant is on the way, Arkia will continue to fly Hapoel Tel Aviv, and the Femina group is entering the home fashion field.