Globes

The struggle around the Strait of Hormuz continues and its end is not in sight. Defense stocks in Tel Aviv plummeted, while a reverse trend was recorded globally. The earnings season in the US is on its way to being the strongest in five years, and a wave of companies from various sectors will report this week in Tel Aviv. The Fed protocol will reveal how divided the central bank is regarding the...

The investment house controlled by Eran Pasternak and Shai Shoham will attempt to leverage a two-fold revenue growth over the past year to issue its shares. Last year, the firm benefited from high profitability in its trust-based hedge fund activities.

According to the arbitration ruling, Rabbi Shmuel Markovich's students will be required to vacate the yeshiva complex by September 30. In addition, Rabbi Markovich and his associates were ordered to pay approximately 10 million shekels, including 7.5 million shekels in usage fees and 2.5 million shekels for building maintenance expenses. It was determined that Rabbi Markovich's associates will not...

Joey Schwebel, one of the owners of the Zara group in Israel, will be liable for tax on dividends for the years 2015-2017. The court ruled that the funds were not loans but withdrawals by a controlling shareholder. The judge noted: "If the appellant does not separate the companies and their interests from his own, there is no reason for the respondent to act otherwise."

July was positive in the local market, but the strengthening of the shekel boosted foreign-oriented bodies and S&P 500 trackers. After difficult years, Altshuler Shaham and Yelin Lapidot had another good month, outperforming their competitors despite negative returns.

World press headlines: Turkish President Recep Tayyip Erdogan has branded himself as a leading anti-Israel figure in the world, but revenues from Israel have flowed in large quantities into his sons' pockets. In the US, there is concern not only about the dwindling stock of interceptors, but also about the loss of drones worth billions of dollars, and the Houthis may push Washington to recognize...

In this week's Globes review, we analyze the performance of key Israeli stocks on Wall Street. ZIM surged following strong competitor results, Nayax received an 'outperform' rating with 48% upside potential after a sharp decline, and Monday.com was compared to South Korea's SK Hynix.

Data from the Ministry of Finance reveals that many buyers canceling apartment deals faced financing difficulties, often having paid nothing prior to cancellation. While sales contracts typically include a 10% penalty, sellers frequently waive the full amount or accept partial compensation.

The apartment, in a building occupied eight years ago, was sold for 2.2 million shekels. 5-room apartments in the project were sold in 2016 for an average of 910 thousand shekels.

The court allowed a landowner to sell his share despite the opposition of partners who claimed that waiting for the renewal plan would increase the property's value. Passengers whose flight with El Al was cancelled due to the war will receive only partial reimbursement for their expenses abroad. And a spouse who claimed to have invested hundreds of thousands of shekels of his own money in the...

From deep-sea gas exploration to the reliability of our power grid: we assessed the performance of Energy Minister Eli Cohen. Electricity supply has become more reliable and gas companies have resumed exploration, though renewable energy targets remain unmet. 'Performance Traffic Light' — a special report.

The short power struggle at the medical services company Novolog has turned the spotlight on the battered stock, which lost 76% of its value at its peak, and on the successful entrepreneur who brought it to the stock exchange but prefers to operate under the radar. What went wrong in Novolog's success story, and can it get back on the path to success after the Pozis family's renewed takeover and...

Once every three months, public companies publish their financial results, flooding investors with hundreds of pages of data. How do you know which indicators matter, when can the bottom line be misleading, and why do even phenomenal results sometimes cause a stock to plummet? Globes sorts it out.

Billionaire Mat Ishbia is in trouble following a failed takeover attempt and poorly timed interest rate bets.

The State of Israel is heading to elections, and the 'Mashrokit' (Whistle) of Globes brings the latest polls from all media outlets. Who is strengthening, who is weakening, and how does it affect the balance of power between the camps? And this time: nothing new? Perhaps that is exactly the novelty.

The victory of Abdul El-Sayed in the Michigan primaries, alongside other successes of the progressive wing of the Democratic Party, proves that the far-left is no longer just on the margins. From abolishing the police and the Senate to stopping security aid to Israel, the rising movement is forcing a new agenda on the party leadership, deepening the rift with Jewish voters and donors.

Once a week, the "Checking the Myth" column examines famous historical distortions, their origins, and their lasting impact. This week: we debunk common myths surrounding spirits and their negative consequences.

Governments worldwide are shifting away from relying on tech giants' self-regulation toward strict legislation to curb children's access to social media, citing addictive algorithms and rising depression rates. While some nations implement total bans, others argue that the burden of responsibility must lie with the platforms themselves rather than the users.

An investment 3-room apartment in Kiryat Motzkin, split into two housing units, was sold for 1.15 million shekels after four months on the market. The property is part of a Pinui-Binui urban renewal project.

Jane Street, a trading giant operating under the radar with sophisticated algorithms, lost a massive sum in July, much of it from investments in a collapsed AI fund. Despite this, it has recorded enormous revenues since the beginning of the year.

Mangione, who was accused of murdering UnitedHealthcare CEO Brian Thompson at the end of 2024, revealed in his confession to the court that he posed as an investor to confirm the location of the hotel where the investor conference was held, near which he committed the act.

An analysis of apartment indices in the second quarter of 2026 shows that the middle class currently prefers not to buy an apartment, and that renters are turning to rent cheaper and lower-quality apartments. The average price for an apartment purchased during the quarter reached 2.435 million shekels - an all-time high.

A judge in New Mexico ordered the social media giant to establish a new $567 million fund, in addition to $375 million in civil penalties already imposed.

Futures are trading with only slight changes. Frankfurt Stock Exchange jumps by about 0.8%. Seoul Stock Exchange jumped by over 2%, supported by Samsung and SK Hynix. Over 90% of S&P 500 companies have published reports for the second quarter, profit growth stands at around 50%.

Annual inflation stands at 1.5%, higher than the forecast. Transport and culture became more expensive, clothing and vegetables became cheaper. Construction inputs: a slight retreat this month, but an annual increase of 3.5% amid rising labor costs. The apartment price index rose by only 0.1%; Jerusalem and Haifa climbed, the Center and Tel Aviv fell.

The government has announced an expansion of housing benefits for reservists, including 20,000 new units and increased lottery priority. However, critics argue these measures fail to address the diverse needs of reservists and serve as a political tool that, as the Supreme Court previously noted, benefits only a select few.

A draft circular published by the Capital Markets, Insurance and Savings Authority is intended to put an end to discounts of tens of percent that insurance companies grant to customers for a limited period of several years, in order to encourage enrollment. "It may influence his judgment at the time of enrollment and bias him away from making an informed decision," they write at the Authority.

The massive success of Polymarket is just a showcase for a much broader phenomenon among Gen Z. A new survey shows that a quarter of young people perceive sports betting as part of their economic future planning. Commentators warn of "financial nihilism": a sense of despair and economic pessimism that pushes for taking extreme risks with money. Experts clarify: investing is a positive-sum game...

A fourth national artificial intelligence plan was presented this week, accompanied by high-profile appointments and a flashy headquarters. However, unlike the ambitious plans of the past, this time it mainly involves minor steps without budget details. As a result, core issues such as supercomputing, the development of an independent language model, and the electricity shortage have been pushed...

Trading in Tel Aviv will open this morning against the backdrop of forecasts for inflation to moderate to 1.4%. New records for the S&P 500 and Russell 2000. The dollar is correcting slightly against the shekel; oil is trading stably amid threats of a blockade on Iran. The US bond market is showing risk levels not seen since 2007. Bank of America raises the target price for a hot AI stock. Globes...

Tesla has finally introduced a practical electric crossover for large families, featuring significant dimensions and energetic performance. Despite its high build quality, the vehicle retains controversial ergonomic choices and a premium price tag.

A training fund (Keren Hishtalmut) offers particularly advantageous tax benefits, but they are subject to an annual deposit ceiling of about 20.5 thousand shekels. However, it sometimes has hidden advantages that make depositing even larger sums particularly worthwhile. Retirement experts answer critical questions about retirement in a new column.

A security glitch during OpenAI and Anthropic testing placed the Israeli startup Irregular at the center of a global discourse on AI risks. Behind the scenes of the incident lay a complex technical drama that ultimately turned into a unique growth opportunity for the company.

The Vaniglia ice cream chain is collaborating with the importer of the British brand PerfectTed. In Bnei Brak, a building damaged by an Iranian missile has been demolished for a new residential project. Sodexo Israel is expanding its catering operations, and Chinese truck manufacturer FAW is launching a 3 million shekel campaign.

This week, the CEO and co-owner of "Tzomet Sfarim" announced that the chain will filter the books it sells, including based on how they are funded. Criticism in the industry was swift, mainly regarding the status the chain is taking for itself and the potential harm to new authors. Shumer told Globes: "I actually received positive feedback from publishers. We understand that we are doing something...

The Ministry of Environmental Protection is promoting a law that will require car manufacturers to recycle lithium batteries. The recycling will likely be funded through a levy on electric vehicles and could be passed on to consumer car prices. Simultaneously, the update of the green taxation and Euro 7 regulations is expected to bring an unusual wave of Chinese vehicle imports before the end of...

The Ministry of Transport will begin on Sunday a refund operation for passengers who held periodic subscriptions during the period of service reduction during the war. The refund will be granted to holders of 'Hofshi Hodshi' and students who held an annual subscription or a subscription for the second semester of the current academic year, and it can be redeemed until the end of 2026.

Lebanon becomes the first Arab country to abolish the death penalty. Palestinian students at Columbia sue the university for discrimination. And the British infrastructure project that surrendered to the struggle of Harry Potter fans. Global Zoom.

The new 'Junior' campaign from Bank Hapoalim tops the memorable and favorite commercials ranking by Globes and Geocartography. 9 Insurance with Udi Kagan takes second place, while the Holiday Finder site enters the index for the first time after 4.5 years on air.

Which country announced it would establish an Israeli drone factory on its territory? According to Bank of Israel data, at which bank can you receive 6% interest on a one-year deposit? Also: what historical low was recorded in the market for new mortgages taken out in July?