Financial Reports

Four software companies from different fields published their financial reports last week: Salesforce, CrowdStrike, Okta, and Elastic. All four presented excellent reports but, more importantly, proved that AI is less of a threat to the software sector and more of a potential for unprecedented growth.

Tomer Mazon announced that it will miss the August 31 deadline for publishing its second-quarter and first-half financial reports. The delay follows an ongoing audit regarding inventory discrepancies and the sudden resignation of the incoming CFO.

A warning letter including a request for approval of a class action, alongside a derivative lawsuit already filed in court, landed on the company's desk, claiming that the figures used to price the merger with Ciphia Vision were inflated and that the allocation ratio was skewed to the detriment of veteran shareholders. The development comes just days after the designated CFO refused to take the...

After an especially challenging period and a sharp drop in stock price, the company developing wireless charging for vehicles is showing dramatic operational improvement and a reduction in losses, but the big test for investors is still ahead.

Although Nvidia stopped separately disclosing the revenues of its Israeli communications division, data revealed in the investor call point to sales of about $17.5 billion in the second quarter. The activity, based on Mellanox technologies, continues to account for about 18% of the company's revenues and contribute significantly to the growth of the Israeli economy.

The telecommunications company managed by Avi Gabay closed a strong quarter with growth in all profit lines and the highest mobile subscriber recruitment in the industry - but at the same time is trying to distribute half a billion shekels to shareholders not from its profits, a move its bondholders have already voted against. What does this mean for the company's financial resilience, and how...

The Tel Aviv Stock Exchange closed in the green led by insurance, and on Wall Street, chips recovered as Nvidia broke a streak of declines before tonight's report. Two local companies provide a lesson on inflated forecasts. What is expected today?

Trading in Tel Aviv will open this morning following yesterday's gains on Wall Street. Global markets are stable ahead of US inflation data and Nvidia's report. Discount Bank: Israel's interest rate is still too high. Harel: The Fed chair's speech expected on Friday will affect the whole world and us. Hapoalim: The Israeli chip stock that plummeted is an opportunity. Globes organizes the...

The drone company controlled by Ronen Elad published weak semi-annual reports and announced its third CEO in a year. The stock has soared by hundreds of percent since the start of the year on the back of big names like Yossi Cohen, but the gap between ambitious forecasts and actual performance is only growing.

The WeSure Global Tech group presents its financial results for the first half of 2026, reporting a profit of 115.5 million shekels, alongside significant expansion in the US market and dividend distribution to investors.

After Migdal and Clal presented a return on equity of over 22% and record core profits last week, the last three insurance companies complete the picture this week. And on the other side of the stock exchange, residential developers continue to plummet - and this is exactly the contrast that is important to know.

Just before it was due to publish its reports for the first half of the year, trading in Tomer Mazon shares was halted following the company's report on alleged problems in inventory management. Tomer Mazon joined the stock exchange about three months ago and is traded at a valuation of 138 million shekels.

Ayalon Insurance reports that total profit in the second quarter amounted to approximately 135.9 million shekels, and profit in the first half increased by 8.2% to 217.4 million shekels. The company's board of directors announced a dividend distribution of 50 million shekels.

The jet engine parts exporter doubled its profit to $16 million and grew in all parameters, even though the strengthening of the shekel reduced operating profit by about $5.6 million. The order backlog grew to $3.3 billion.

The shopping center group Big closed the first half of 2026 with revenue of 1.37 billion shekels, while net profit fell by about 9% compared to last year. Rental fees in Ashdod grew significantly in the second quarter, and the fire in Petah Tikva, according to the company, will not affect the 2029 opening schedule.

Mizrahi Tefahot will conclude the banking reporting season, followed by insurance companies and investment houses — the entities managing your savings and pensions. The hot stock market and interest rate cuts have boosted some stocks by tens of percent, though results across the sector remain mixed.

The Israeli banking sector is entering a new macroeconomic environment where falling interest rates and moderating inflation make profit generation more challenging, yet major banks continue to report strong financial results.

Israel Aerospace Industries (IAI) concludes the second quarter and the first half of 2026 with the highest results in its history. Net profit for the half-year jumped to $449 million, and sales reached $4.275 billion.

Investment firm Meitav Trade concludes a strong quarter with a 12% increase in net profit and is distributing 13 million shekels to investors, alongside the acquisition of thousands of new clients and the upcoming launch of a new trading system.

Mercantile Bank, a subsidiary of Discount Bank, published its second-quarter reports with a profit of 205 million shekels and a return on equity that eroded to 12.8%. The board of directors approved a dividend of 50% of the profit — what does this mean for Discount, which is currently examining the possibility of merging Mercantile into it?

While investors have fled the company's stock since the IPO earlier this year, one growth engine within the company surged by 131% in the quarter. Now the question is whether the market missed an opportunity.

A combination of a fateful Fed interest rate decision, a surge in oil prices, and financial reports puts investors before a new dilemma, as the market is no longer satisfied with promises and demands results on the bottom line.