Globes

With the help of software and algorithms from the Israeli company Qedma, IBM managed to use its quantum computer to outperform the world's most powerful supercomputer with 700,000 processor cores, and to perform a complex experiment in the field of physics.

Investors are concerned as Meta's heavy spending on AI and persistent losses in virtual reality projects weigh on the company's stock, despite the continued growth of Instagram.

Globes presents a daily short review of interesting news from the global media about Israel • This time: The American Central Command commander prepared a plan to escalate airstrikes on Iran, Saudi Arabia will announce a military coalition in the Red Sea, and Italy is pressuring Israel to act against settler violence in the West Bank • World newspaper headlines

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.

Police shut down two construction sites of a contractor operating without a license following a fatal accident. Tel Aviv Municipality to relocate its separate beach to the city's north. BST Group, Phoenix, and Menora Mivtachim acquired a residential portfolio in Canada for 332 million shekels.

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

There are steps former smokers can take to accelerate the body's recovery, but it appears that at least some of the damage is irreversible.

The Haifa Family Court recently ruled on a lawsuit involving a "legal free rider" problem in an inheritance dispute. The court rejected a brother's claim that his siblings had agreed to waive their inheritance rights in his favor, but ruled that it was unfair for them to benefit from his legal victory without contributing to the costs, ordering them to indemnify him.

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.

Ukraine has unveiled a new interceptor developed in just three months to counter Russian Shahed drones. Meanwhile, the US is returning to purchasing older Patriot interceptors due to supply shortages, and Turkey is seeking US assistance for its KAAN fighter jet program.

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.

Revenue met expectations, but earnings of $6.18 per share fell well short of forecasts. Shares are down approximately 5% in after-hours trading.

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.

The IT company Matrix, which has been leading the acceleration of the digital transition at Mizrahi Tefahot Bank for the past two years, is changing its work format at the bank. Dozens of employees will be transferred to other projects, some will be laid off, and AI tools will take over some of the tasks.

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.

According to sources close to OpenAI, the company does not plan to open offices in Israel or hire a dedicated local manager, despite previous reports. The strategy involves expanding operations in the EMEA region remotely, led by former Amazon executives.

Qualcomm's demonstration at the Computex 2026 exhibition ended unexpectedly after a humanoid robot collapsed in front of the audience. The video went viral, illustrating that despite progress in the field, the technology is still not free of malfunctions.

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.

The Ministry of Finance is exploring a reduction in mandatory pension contributions to increase net salaries and cover the war-induced budget deficit. Experts warn this could jeopardize the financial security of future retirees.

20 years of career — and an empty profile. What we discovered after hundreds of conversations with senior marketing managers, and why the real barrier is not time.

The startup helps managers more accurately track artificial intelligence activity within their organizations. The funding round was led by the British fund One Peak.

Teva reported $4.1 billion in revenue, exceeding analyst forecasts. Net profit was 2 cents per share versus the expected 11 cents, due to Emalex acquisition costs. The company raised its annual revenue guidance, and shares are up over 4% in Tel Aviv.

The digital insurance company exceeded top-line expectations, while net loss remained steady year-over-year. Lemonade reaffirmed its path to positive adjusted EBITDA by Q4 and announced a CFO transition. Shares are down over 10% in pre-market trading.

Since July 2024, fewer than 1,000 foreign workers for the renovation industry have arrived in Israel via the bilateral route, out of a quota of 5,000. Now, the Population and Immigration Authority is approving a temporary procedure that will allow for rapid bringing, directly and not through the existing route. The entry of workers to Israel via this route will be possible only until the beginning...

Market conditions have made variable-rate loans taken during the zero-interest era significantly more expensive than current bank offerings. A proper diagnosis of your mortgage portfolio, willingness to pursue partial refinancing, and discarding myths about 'already paid interest' can save a fortune. Here is how to determine when refinancing is truly recommended.

Nofar Energy is acquiring a stake in the yet-to-be-built power plant from Phoenix and private owners. The deal includes an option to purchase the entire station should regulators require it.

The South Korean memory chip manufacturer reported a massive jump in revenue and operating profit, driven by demand for advanced AI chips. Despite this, results fell short of analyst forecasts, triggering a sharp decline in the company's stock.

Globes presents a daily short review of interesting news from the global media about Israel. This time: Foreign Affairs claims that regime change in Tehran will only come through ending the fighting, a heated debate in Iran following a Ukrainian attack in the Caspian Sea, and will the US-Saudi nuclear deal ignite a regional arms race?

Unlike Volkswagen, which announced possible layoffs of up to 100,000 employees by the end of the decade, BMW is promoting a voluntary retirement plan that will include grants and favorable conditions. The move is intended to reduce costs after a 44% drop in the company's profits in 2025.

Globes has learned that David Anolik, CEO of the strategic consulting firm Gitam, will be appointed CEO of Israel Bidur, a leading Israeli media group. The company recently received investment from the Marriott fund, led by Waze founders, including Asaf Rappaport.

During Itamar Ben Gvir's tenure as Minister of National Security, illegal house demolitions in the Negev have indeed increased. However, the data presented by the minister to compare with the previous government is misleading. Globes' Whistle.

The Wall Street chip index has shed a quarter of its value in a month and a half. Concerns about Chinese technology, rising AI costs, and cash flow issues are mounting. However, investment managers remain optimistic, calling it a "natural correction" and emphasizing that the AI revolution is just beginning.

After beating the Keystone offer, Generation will acquire the energy activity of Shikun & Binui in a deal of up to 4.5 billion shekels, a deal that will significantly strengthen its position in the electricity market.

Many investors expect corporate bonds to yield a significant excess return over government bonds. However, is the current risk premium justified given the global rise in yields to maturity and persistent economic threats?

The income-producing real estate company saw an increase in rent and management fees during the second quarter of 2026. Ahead of the project's completion, Gav-Yam has revalued its 50% stake in the ToHa2 tower at 1.9 billion shekels.

The restaurant The Shed at Dulwich took the top spot on TripAdvisor, and the phones wouldn't stop ringing - but only the journalist who "founded" it knew the truth. A lesson on the power of narrative in our new column, "The Human Algorithm."