Ibi

IBI Investment House has acquired a nearly 7% stake in Jeen Technologies for 14.1 million NIS. The generative AI firm is experiencing rapid growth, driven by major defense contracts and civilian sector expansion.

Lena Weissbein has been named Head of Research at IBI Investment House's brokerage arm. She succeeds Liran Lublin, who led the prominent Israeli capital market research department for over seven years.

IBI investment house retail analyst Yuval Gur-Arye identifies an opportunity in the shares of meat producer Baladi, precisely after the drop it suffered following the split from Shufersal. What is behind the recommendation, and why does the investment house believe the market overreacted?

The market boom and growth in core activities boosted the investment house's profits by approximately 76% in the second quarter to about 65 million shekels. The group's revenues, managed by Dave Lubetzky, jumped by 37% to about 479 million shekels, led by capital and trading services activities. IBI shares have completed a jump of almost 80% over the past year to a value of about 6 billion...

In July, 4.5 billion shekels were withdrawn from the IBI 'Israel Bank Index' ETF, bringing the two-month total to nearly 8 billion shekels. Estimates suggest the total outflow will exceed 10 billion shekels by the end of August.

Digital bank One Zero, investment house IBI, and fund management company Fair have integrated AI agents into their financial services. Customers can now analyze account data and investment portfolios via chatbots using secure data transmission protocols.