Ormat

Wall Street finished the week higher as Israeli tech firms made waves. Riskified surpassed a $1 billion valuation, Similarweb shares slid following a CEO appointment, and Ormat secured up to $35 million in US energy funding.

The geothermal energy producer is raising its annual forecast to up to $1.2 billion following strong second-quarter reports, alongside an unusual jump of almost 200% in its energy storage activity worldwide.