Economy

Slight gains for the shekel ahead of inflation data release in Israel; dollar below 2.96 shekels
The shekel is strengthening this Friday morning as investors digest US inflation data and await Israel's upcoming figures. The dollar is trading at 2.957 shekels.

Famous restaurant in financial collapse: controversial debts, massive lawsuits
The "Luna Rosa" restaurant in Texas has filed for Chapter 11 bankruptcy amid lawsuits and controversial debts. Despite the financial turmoil, the management clarifies: the branch will continue to operate as usual during the reorganization process.

Swiss bank warns: Europe is losing ground to the US and China due to a strategic mistake
A dramatic analysis by Lombard Odier reveals how vast sums of public savings are flowing out of the continent, and points out the urgent steps that must be taken by 2030.

Five things to know ahead of the stock market opening
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...

UBS investment expert: bonds remain a key income tool
While inflation in the USA continues to occupy global markets, UBS experts point to bonds as an asset class that can serve as both a source of income and a reliable portfolio hedging tool.

Ahead of the market opening: CPI in focus - here is what to expect
The S&P 500 set a new record as fears of an interest rate hike faded. Tel Aviv closed in the green led by earnings reports. Today: the Consumer Price Index, which will determine the interest rate direction. And in the background, the storm surrounding Bank Jerusalem. What do you need to know?

Depositing a million shekels into a training fund and paying tax on it: why is it still worthwhile?
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.

Massive Fraud Exposed: China Bypassed Billions in US Tariffs
The White House released a report accusing over 40 countries of helping China bypass US tariffs. Through a practice known as "transshipping," Beijing has evaded tens of billions of dollars in duties, causing significant harm to the American economy.
The July index, to be published today, is a prelude to the escalation in inflation | Yehuda Sharoni
After his promises regarding the cost of living were shattered, Benjamin Netanyahu is enslaving the economy for the sake of invented security needs. The banks' reports for the second quarter prove that the system has reached the glass ceiling of profitability. And also: the index to be published today.

Tax benefits for border communities are not a favor
A family that chooses to build its home in a community near the border receives more than just an open view and lower rent. It also faces distance from medical services, sparse public transport, fewer education and leisure options, and a security threat that becomes part of the daily routine.

Towards a mega-deal? Silver Lake in talks to acquire software company Workday, which jumped 17.8%
Private equity firm Silver Lake is in talks to acquire software company Workday, with a market value estimated at approximately $43 billion. The potential deal could be one of the largest in the software industry.

Bill Gates' daughter under suspicion: fraud punishable by up to 20 years in prison
A Bloomberg investigation claims that the digital shopping assistant Phia, founded by the daughter of the Microsoft founder, attributed to itself purchases by users who did not use it, in order to collect commissions from retailers like Nike and Gap. The company claims it was a software bug.

Patrick Drahi in financial crisis: billions in debt and bankruptcy risk
Massive debts of $16.3 billion threaten the collapse of the American cable giant Optimum (formerly Altice). Following an S&P credit rating downgrade, experts are forecasting a potential bankruptcy filing within the year.

Consumer Price Index: What to expect and should you take a loan now?
The Consumer Price Index for July will be released tomorrow at 14:00. While economists expect a moderate rise, they warn of inflationary pressures in the coming months that could impact the Bank of Israel's interest rate policy.

The Ministry of Defense owes IAI billions — and has pushed it into negative cash flow
Alongside new records in business activity, Israel Aerospace Industries (IAI) is dealing with increasing pressure on its cash flow, primarily due to a 5 billion shekel debt from the Ministry of Defense.

Econergy Secures €229 Million Financing for Romanian Energy Project
Econergy, traded on the Tel Aviv Stock Exchange, has signed a financing agreement totaling approximately 229 million euros for an energy project in Europe, which features a strong revenue forecast.

Ace Hardware franchise in economic collapse: tough competition and huge debts
An Ace Hardware network franchisee in the United States has filed for bankruptcy protection amid intense market competition. We examine the reasons behind the debt crisis and the future of the affected stores.

Nvidia in a multi-billion project — and your pension is in real danger
Nvidia CEO Jensen Huang announced, alongside executives from six of the world's largest asset management firms, a massive financing mechanism for data centers. But behind the promises of AI infrastructure lies a complex credit structure that reaches pension funds — ours, here, in Israel | All the details

Stock market gains: This stock jumped by more than 8%
Alongside a positive trend in the main TA-35 and TA-125 indices, several prominent stocks recorded increases of up to 8.4%, while sharp declines were also observed. Here are the full details.

From a 20 million loss to profit: What drove the turnaround of Rav-Bariach?
The second-quarter results of the security door manufacturer surprised the market: sales rose by 19%, operating profit more than doubled, and the company is showing a profit again. What is behind the growth, and why are investors excited right now?

Globes Economic Quiz: Test Your Knowledge
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?

Unprecedented leap: IAI's order backlog soared to $35 billion
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.

NewMed looking for gas in Israel, Tamar Petroleum increases production, and Econergy expands production in Romania
A stormy day in the Israeli energy market: NewMed is launching the first gas survey in Israel in years and returning to search for oil under Leviathan; quarterly profit jumped to $117 million. Expansion of production capacity boosted Tamar Petroleum's revenues to $87 million in the second quarter. Econergy secured huge financing of 229 million euros for the construction of a solar and storage...

Avner Hadad: "There is a significant chance that the dollar will drop to 2.5 shekels in the coming year"
The reasons for the weakness of the Israeli market in recent months, what might be the turning point, and why it is possible that the dollar's low is still ahead? Avner Hadad, CEO of Phoenix Investment House and co-CEO of KSM Mutual Funds, addresses the big questions of the capital market in a letter to investors.

Cellebrite cuts forecasts, and the stock plummets in trading on Wall Street
The digital intelligence company reported a 16% growth in revenue for the second quarter, but failed to beat market expectations and lowered its forecasts for the future. At the same time, it announced a change of CEOs. Meanwhile, on Wall Street, the 'buy' recommendation for the stock is being maintained.

Ackman returns to Netflix: Betting on the streaming giant after a massive loss
Four years after writing off an investment of more than $400 million, Bill Ackman is returning to Netflix, convinced that the company has won the streaming war. He believes the company's current valuation reflects a significant discount.

Ondas raises annual forecast, but executive compensation deepens losses
The American-Israeli defense company Ondas reported second-quarter revenue of $84 million, a 14-fold increase year-over-year. Despite this growth, the company's operating loss widened to $163 million, driven largely by significant stock-based compensation for executives.

Bank Jerusalem denies rumors: Is major embezzlement still possible today?
Bank Jerusalem has denied recent rumors, stating that no evidence of abnormal activity was found. Against this backdrop, we examined whether large-scale embezzlement remains possible today, given the tightened control mechanisms implemented after the 2002 Eti Alon and Trade Bank affair, in which 250 million shekels were stolen.

Soaring by 324%: Mimun Yashir celebrates the strongest quarter in its history
With an unprecedented jump of hundreds of percent in profits, the credit and mortgage giant summarizes the strongest quarter since its inception and presents insane growth figures that will surprise the entire market.

Before the end of the year: The IPO date in China for the Israeli company has been revealed
After nearly two years of delays and "coordination between authorities," PriorTech reveals the IPO date for its subsidiary, Access, in China. However, the news comes alongside an announcement of another delay that forces the company to attach new reports. So what is really happening here, and how much is it worth to Israeli investors?

Cellebrite replaces CEO and cuts guidance; stock plunges 30% in premarket
Israel's Cellebrite is appointing a new CEO and lowering its 2026 guidance. Following the announcement, the company's stock plunged more than 20% in premarket trading on the Nasdaq.

Following the war with Iran: The rush for the oil and gas pipeline business
More than 20,000 km of new pipelines are under discussion against the backdrop of the conflict in the Strait of Hormuz. Countries in the Persian Gulf and Africa have discovered the potential, which is already yielding profits: "Demand is not expected to fade."

Aaron Frenkel's Company Reports 41% Profit Jump
The company, which counts billionaire Aaron Frenkel among its prominent shareholders, recorded a 41% jump in quarterly profit thanks to the expansion of the Tamar reservoir. We examine why the first-half results appear lower and how much capital will be distributed to shareholders.

Wall Street Estimates: This Tech Giant's Stock Could Jump Another 37%
Nvidia stock has surged significantly since the start of the AI revolution in January 2023, yet Wall Street analysts maintain that it remains undervalued. The average target price stands at $300, representing a 37% growth potential from the current price of $218.

Why Warren Buffett's Successor Will Keep Coca-Cola Shares in the Berkshire Portfolio
Since taking the helm at Berkshire Hathaway, Greg Abel has moved quickly to trim the company's consumer stock holdings, including Amazon and Domino's Pizza. However, Coca-Cola remains a core fixture of the portfolio, largely due to its exceptional dividend yield.

Tadiran shifted to quarterly profit — energy sector sales grew by 34%
Tadiran concluded the second quarter with a net profit of 15 million shekels, reversing last year's loss. Revenue rose by 15.1%, driven by a 34% surge in the energy sector.

NewMed Energy profit jumps 45%: new infrastructure projects set to boost exports
The partnership controlled by Delek Group reported strong second-quarter 2026 results. The completion of the third pipeline and the INGL underwater section is expected to increase production and export capacity starting next quarter.

Tadiran Group presents a dramatic turnaround: a 140% jump in profit
After a heavy loss of tens of millions of shekels last year, the climate and energy giant concludes an exceptionally strong quarter with revenues of over half a billion shekels and an order backlog that continues to double itself.

First International Bank to Merge with Technology Subsidiary Mataf
First International Bank has decided to merge its technology subsidiary, Mataf, into its core operations. The bank aims to enhance efficiency and integrate technological development directly into its banking infrastructure.

Half a pizza in installments: The business tactic in Iran to survive the collapse
The cost of living in Iran is breaking records following the military conflict, the naval blockade, and inflation that has crossed the 80% threshold. Facing a sharp drop in purchasing power, companies and businesses in the country are forced to turn to creative marketing methods, selling half-portions, and deferred payments via "buy now, pay later" to survive.