Globes

In this week's Globes review, we analyze the performance of Israeli stocks on Wall Street. Check Point faces scrutiny ahead of its earnings report, Varonis awaits news regarding a potential sale, and Global-e shares rally following a target price upgrade.

Private investors, once the most ardent supporters of 'Magnificent Seven' stocks, are shifting their focus toward smaller companies involved in AI infrastructure.

Globes presents a daily short review of interesting news from the global media about Israel. This time: Iran-China trade volume dropped by 75% due to the Hormuz closure, US arms deals with Gulf states are at a peak, and Trump seeks to distance Saudi Arabia from China and Russia.

An American fund has filed a lawsuit against the chairman of InMode, alleging he is the de facto controlling shareholder despite owning only 7% of the company. The plaintiff seeks stricter oversight of the acquisition process.

Ankara seeks to capitalize on the weakening of Hezbollah to expand its influence in Lebanon and disrupt the rapprochement between Beirut and Israel. If Ahmad al-Sharaa's forces defeat Hezbollah, Israel will face Turkish presence not only in Syria but also on its northern border.

The construction of the plant expansion in Kiryat Gat has been halted for two years due to company distress, leading to the cancellation of projects in Germany and Poland. Consequently, the Ministry of Finance's Budget Department has decided to cancel a 1.3 billion shekel grant.

The program aims to support young high-tech companies whose funds have been eroded by the strengthening of the shekel. Eligible firms can receive grants of up to 1 million shekels. Applications open on Sunday, July 26.

The court ordered a woman to pay 180,000 shekels for alienating her children from their father. Also in this review: a ruling on a lawsuit against a developer over misleading land information and a verdict on evicting a brother from an apartment.

A study by real estate appraiser Dr. Asaf Gastfreund reveals that since early 2023, second-hand housing prices in Quarter 3 have fallen by over 20%, with Quarter 4 seeing a decline of nearly 8%. In real terms, accounting for inflation, the erosion of value is even more significant.

In election polls, it is assumed that the 20 mandates that are still undecided will be divided exactly like the rest of the public, but experts estimate that the assumption is far from accurate. How do small parties influence, how might floating votes in the periphery cause a turnaround, and the interesting change in the Religious Zionism sector — behind the polls, 2026 elections.

What seemed like an opportunity to buy an apartment in Jaffa at a price 300,000 shekels below market value turned into a headache and a loss-making investment. The Yaffa urban renewal project stalled and collapsed, and the chance for a high profit turned into a loss of hundreds of thousands of shekels.

A shell of a cottage with an area of about 290 sq. m, on a half-dunam plot in the moshav of Kfar Warburg, was sold for 4.1 million shekels. According to estimates, 2.2 million shekels must be invested to complete the construction.

Recently, there has been a growing wave of urban renewal projects "changing hands." Large, financially resilient companies are replacing smaller developers who have struggled to advance their projects. What does this mean for residents, and how can they protect their rights?

Zvi Stepak, founder of the Meitav investment house, managing nearly half a trillion shekels, shares his market outlook. He advocates for caution, diversification, and the ability to admit mistakes in a volatile financial landscape.

The Israel Internet Association has reported dozens of complaints regarding unexplained WhatsApp account blocks. With Meta yet to provide an official response, users are advised to back up their data and prepare for potential service disruptions.

Traders using automated systems are ready to pay for ultra-fast access to the president's posts. At least five companies have already signed up for the service.

A conversation with Dr. Roi Cesana, a futurist and AI researcher at Tel Aviv University. We discuss which sectors will be most affected by the AI revolution, the alternatives, and the real possibility that we will prefer robots to humans.

With a federal debt of nearly 40 trillion dollars and double that in household debt, America needs more and more buyers for its debts. However, approaches of an economic wall on one side and wild socialism on the other are creating deterrence. Can America restore trust in its political and economic system, and what lesson can it learn from Germany?

Israel is heading to elections, and Globes' poll of polls brings the latest data from all media outlets. Who is strengthening, who is weakening, and how does it affect the balance of power between the camps? This time: Eisenkot takes the lead at the expense of Likud, but forming a government is still not within reach.

For years, every detail of our flight ticket has become subject to an extra charge—seating, luggage, and so on. Airlines make billions of dollars a year from these extras. A reform approved last week is expected to change the landscape in the European Union, and perhaps later in Israel as well.

OPPO's new "photography smartphone" offers a 200-megapixel sensor, a spectacular screen, and a huge battery, competing head-to-head with the iPhone and Galaxy. On the other hand, heavy weight, a load of pre-installed applications, and aggressive AI image processing impair the premium experience.

Once a week, the "Checking the Myth" column deals with famous historical distortions, why they were created, and how they affect us to this day. This week: Does moss grow in a specific direction, thereby allowing for spatial orientation? Not in the middle of the forest.

The chip start-up Hailo, once considered a great promise and backed by investors like Idan Ofer, Gil Agmon, and Rakefet Russak-Aminoach, has been sold to Microchip. Globes revealed two weeks ago that the company would be sold for a pittance after carrying out aggressive layoffs.

In the Kramim neighborhood of Shoham, a 140 sq. m penthouse with a 40 sq. m balcony was sold for 5.3 million shekels. The property underwent a thorough renovation, with buyers investing an additional 50,000 shekels in furniture and lighting. Here is a summary of transactions from the past week.

Dan Ben Shmuel, who started as a waiter at Benedict 13 years ago, has been appointed CEO of the restaurant group. In his first interview, he discusses the challenges of the restaurant industry, including the protection racket, rising costs, and the group's strategy to return to 24/7 operations and expand its hybrid bakery model.

How did local hip-hop go from an obscure scene to shows selling 90,000 tickets in advance? A new docu-series from Kan 11 set out to explore the genre, from the roots of "HaAsham Tamid" to the takeover of the mainstream led by Ravid Plotnik and Tuna.

The former Pfizer headquarters was recently at risk of partial collapse, leading developers and lenders to anticipate stricter safety inspections and rising insurance costs for future conversion projects.

In the shadow of the security situation and the alertness ahead of the weekend, the US Embassy in Israel published an unusual message to its citizens, urging them to remain vigilant and prepare for the possibility of flight cancellations and disruptions. In Israel, authorities are maintaining alertness, but there are no official announcements regarding potential flight cancellations.

An abnormal heatwave in Japan, with temperatures exceeding 40 degrees Celsius, has led one company to offer a creative solution: a "human refrigerator." The Do Hiemon Box maintains an internal temperature of 15 degrees Celsius, allowing users to feel significantly cooler within five minutes.

A visit to the Motza Valley reveals hidden gems just minutes from Highway 1. From a cafe filled with danishes in a historic home to a jewelry brand with a social mission and wine tasting under the vines.

For years, Shoham Even filed dozens of lawsuits against businesses as a private individual, until he received a law license and shifted gears. At the center of his work are class action lawsuits regarding food packaging weights and Spam Law violations. A law amendment that passed in the first reading will prohibit claiming damages in these lawsuits and will require prior contact with the business...

As part of the campaign, the company Anshei HaIr promised that one of every 50 first buyers to purchase an apartment in one of the company's projects in quarters 3 and 4 in Tel Aviv would win a two-room apartment near Kikar HaMedina, with an estimated value of approximately 2.5 million shekels. During the campaign period, 13 apartments were sold in the participating projects, for a total volume of...

In early trading, Intel is surging following a stronger-than-expected revenue forecast, while most semiconductor stocks are trading lower. The price of gold is climbing moderately, oil is falling. The USA will impose tariffs of 10%-12.5% on imports from most of its major trading partners. The "Magnificent Seven" group recorded its sharpest day of declines since the tariff turmoil in April 2025.

Since the beginning of the week, Yanai has added former El Al CEO Dina Ben-Tal Ganancia as an external director, entered negotiations with Meitav for an investment in Nofar Israel and with Migdal Insurance for an investment in Nofar Europe, and attempted to purchase shares in the Reindeer power station from Phoenix and other investors.

The number of installment transactions rose by 64% compared to June 2025, with the total volume jumping by 79%, according to data from Menora ERN. While installment payments are not inherently problematic, it is crucial to determine whether this reflects sound financial management or merely a deferral of current cash flow issues to future months.

Electra Real Estate, a manager of rental housing complexes in the USA, lowered its offering price and completed a 150 million shekel share issuance (approx. 6% of the company) to Menora Mivtachim and other investors. If options are exercised, the company will receive an additional 80 million shekels.

First publication: Arik Shtilman offers to purchase the Recanati family's holdings in the basketball club and become the controlling owner. This follows a surprising move by the Recanatis, who exercised their right of first refusal to purchase the Federman family's shares.

Intel's stock has become one of the fastest-growing tech stocks of the past year, jumping by about 326% and crossing a market cap of half a billion dollars, its highest ever. This mirrors Alphabet's reports from yesterday, which showed that software and cloud giants are only increasing their commitment to purchasing chips.

Trading in Tel Aviv will open this morning against the backdrop of the escalation between the USA and Iran. Key highlights: sharp declines in Asia, the expiration of the Generation fund's exclusivity deal with Shikun & Binui, and new tariffs imposed by Trump.

After a period of stagnation, the ORA brand of China's Great Wall returns with a hybrid crossover featuring a striking design, a spacious cabin, and efficient propulsion. It is not perfect, but it offers strong value for money. Road test.