Economy

Stock down 50%: Electra Real Estate sells property at a $1 million loss
The company is divesting its residential complex in Texas after more than seven years of ownership. The outlook for investors is disappointing: the annual yield is minimal, and the accounting loss will be recorded in the third-quarter reports.

Squishy madness: The new toy industry hit generating hundreds of millions of dollars
Squishy toys have become one of the most prominent trends in the US market in 2026. Sales of these soft, flexible products reached approximately $297 million through June, marking a fourfold increase compared to the same period last year.

Court rejects petition: Green light for 750 apartments on the site of the Dan bus depot in northern Tel Aviv
The Tel Aviv Administrative Court rejected a petition filed by 48 residents against the project at the intersection of Raoul Wallenberg and Pinchas Rosen streets. The court upheld the use of easements to provide public access to open spaces, ruling it a proper balance between public needs and property rights.

A record $640 million: Crypto companies are buying back their own coins
A desperate attempt to support prices or a smart strategy? Crypto companies are adopting a tactic known from the traditional stock market to fight the prolonged slowdown in the sector - but despite the huge investment, it is not certain that the market really cares.

No vacation, taking sick leave: The heavy price for parents stuck at home
About 54% of employees began the summer vacation without vacation days and were forced to fund 2.8 vacation days out of pocket in July — this is according to a check by "Oketz Ma'arachot" among about 10,000 pay slips. At the same time, there was a 15% jump in the use of sick days. The reason: unlike a vacation day, for the second and third day of illness, 50% of the salary is paid.

Astral Hotels loses lawsuit for rent refund during renovations and is ordered to pay 400,000 shekels
The agreement between Astral and the companies leasing the Aria Hotel in Eilat did not explicitly cancel the rent exemption during renovations. However, the court prioritized the concept of an "absolute obligation," ruling that business logic and the parties' intent override specific contract wording.

Negative trend in Tel Aviv led by construction stocks, Aura falls by about 5%
The TA-35 index is down by about 0.6%. A nightly exchange of blows between the US and Iran, along with increased expectations for an interest rate hike on Wall Street, are weighing on markets. Oil prices are climbing, complicating the Bank of Israel's upcoming interest rate decision.

Oil prices surge following exchange of blows between the US and Iran
US forces attacked launchers in the Strait of Hormuz, the Revolutionary Guards fired missiles at bases in Jordan, and talks are stalled. Fears of a global energy crisis are growing: shipping companies are clearing the strait, a tanker was damaged, and the price of a barrel of oil jumped to over $90.

Surprise in Carasso Real Estate reports: 76% of buyers waived financing deals
The company sold 60 apartments in the last quarter, and in its contract one can see the distribution of customer types: most pay linearly, even if they received an exemption from the index. Contractor loans account for only 6%. Does this mean that the market knows how to sell apartments without 10/90 conditions with an exemption from the index?

Ahead of the Bank of Israel's decision: Factors influencing the interest rate
The moderation of inflation and changes in the local labor market increase the probability of a significant step on Tuesday, while in the US a completely opposite trend is being recorded. Analysts at Leader Capital Markets provide their analysis.

The young women who left everything to sell jars of pickles are worth millions today
A viral video of an influencer struggling to open a pickle jar became the best advertisement "Hot Girl Pickles" could have asked for. Behind the colorful brand that is conquering Gen Z with bold branding and self-irony are two college graduates who decided to bet on a pickle — and it paid off: their company is currently valued at millions of dollars.

Usage value: The exact same vehicle, and a gap of thousands of shekels between two employees
A company car looks like a free benefit, but in practice, it is an amount added to the payslip and taxed as income. Here is how it is calculated, how much it really costs you, and why your tax bracket is the most important variable in the deal.

Market Status: Red start to the week in Asia and on Wall Street futures
Globes presents an update on the state of global markets. Monday morning: escalation between the USA and Iran shifts sentiment after a month of relative calm. On Wall Street, bets on a near-term interest rate hike are rising, while stock exchanges in Tokyo and Seoul are losing over 1%.

Rental prices for apartments without a MAMAD are crashing: the gap reaches 35%
Apartments without protected spaces have become the default choice for tenants unable to afford higher rents. In some cities, the price gap has peaked since the start of the war. A report by the Yad2 website highlights the growing disparity in the secondary housing market.

Slight rise in the shekel at the start of the interest rate week: Dollar at 2.99 shekels
The foreign exchange market is opening the week with a slight rise in the shekel against the dollar ahead of the Bank of Israel's interest rate decision. The dollar is down 0.2%, trading around 2.99 shekels.

Apartment sales data for the second quarter show an industry in total chaos
Apartment sales among public companies during the second quarter of 2026 reflect a volatile market. Companies are reporting sharp fluctuations in sales figures, driven primarily by aggressive promotional campaigns.

Keshet Taamim Prepares for IPO Aiming for One Billion Shekel Valuation
Keshet Taamim is preparing for an IPO in early 2027. The chain has begun preliminary consultations with financial entities, targeting a valuation of approximately one billion shekels.

Deutsche Bank: Israel is among the three economies in the world most exposed to AI disruptions
According to a recent Deutsche Bank report, Israel is one of the three economies most vulnerable to AI-driven service disruptions due to its heavy reliance on high-tech service exports.

Suari in advanced negotiations to acquire Tzamal Medical at a valuation of 300 million shekels
The holding company Allied is in advanced negotiations to acquire control of Tzamal Medical from its founder, Yehoshua Katz. The deal values the company at approximately 300 million shekels.

Terminal X's turnaround: Instead of selling other people's brands, they buy them
Terminal X has become one of the growth engines of the Fox Group, with a jump of about 20% in quarterly sales to 161 million shekels. The data proves that the strategy of acquiring independent brands, which account for almost a quarter of the company's revenue, has proven itself. What are the next goals the CEO is setting?

The senior Treasury official who responds to claims of a teacher shortage and argues: "We must cancel school on Fridays"
Ohad Elkabets, in charge of teaching staff at the Treasury's Wage Department, will lead the negotiations on the wage agreement with the teachers' unions. In an interview with Globes, he explains why canceling school on Fridays is necessary to reduce the burden on teachers, warns against a wage spiral in the economy, and expresses reservations about transferring employment to local authorities. He...

Harel Wiesel and Gad Proper are partners: The surprising beneficiaries of the Dan real estate merger
After selling Dan's transport operations at a profit of over 1 billion shekels, the Value-LBH fund is on its way to creating further value by merging Dan's real estate operations with Donitz. Not only will the fund benefit from the deal, which will yield a 5x return on its money, but so will a series of capital owners such as Harel Wiesel, David Fattal, and Gad Proper.

Osher Ad slashes the price of a premium brand product — only 29.90 NIS
Consumers in Israel are surprised by a discount of up to 65% on a Nike brand pack, which is now being sold at the Osher Ad chain at a price significantly lower than the market standard.

Deni Avdija at the center of a storm: Fans who paid for a meeting are furious
An explicit promise from Nike attracted dozens of buyers who spent hundreds of shekels to meet the Israeli star, but the event ended in disappointment and an early departure.

A 25% jump in expenses: where do Israeli children spend the most?
The Max Summer Vacation Index reveals the spending habits of Israeli teenagers. While half of the budget goes to food and deliveries, there are significant gaps between the center of the country and the communities of the South and the Galilee.

Is the author of 'Rich Dad Poor Dad' in debt for billions? This is the truth
The author of the world's most famous finance book caused a stir when he claimed he held an astronomical debt of billions of shekels. Now it turns out: his personal debt is much smaller, it is a PR stunt - and the strategy behind the crazy number is revealed | All the details

Tens of thousands of shekels: Cost of Haredi influencer campaign revealed
Against the backdrop of criticism regarding budget allocations, data on the Haredi influencer campaign has been published. How much did the sponsored content cost and what was the reaction of the "B'Tsalmo" organization?

Musk promises: SpaceX will reach $3.5 trillion in revenue by 2033
The CEO of SpaceX cut seven years off Morgan Stanley's forecast and claims the company will reach annual revenues of about $3.5 trillion as early as 2033. However, the stock has lost about 40% from its peak, and even the most optimistic estimate on Wall Street is still far from Musk's target. What does this mean for those thinking about investing in the stock?

The price of these cars is attractive, but second-hand buyers will take the hit
Huge, well-equipped, and cheap vehicles with electric and hybrid drives are conquering the Israeli market. But behind the attractive price, which is often subsidized for competitive reasons, hide significant potential costs in spare parts and maintenance - from giant tires to expensive sensors.

"We identified glitches inside the house": at Ackerstein they found the person responsible for the weak results
Disappointing reports sent the shares of the concrete infrastructure manufacturer to a 13% decline in two days, and CEO Amit Lang to his home. Zvika Ackerstein, one of the company's owners, will replace him: "The company now needs focused management."

Fashion giant makes a revolutionary move: a branch with robots and self-service checkouts
Lefties, the sister chain of Zara owned by the Inditex group, has opened its first store in the UK. The branch in Liverpool spans about 27,000 square feet and combines self-service checkouts and robots for sorting hangers and clothing.

Earthquake in the culture world: bankruptcy and final liquidation of Phil Tippett's studio
After four decades, Hollywood legend Phil Tippett is closing his California studio following a bankruptcy process. Rare collectibles were sold at a massive liquidation event, but the Oscars remain with him: "I will die with the sword in my hand."

Maytronics recorded a loss of 8 million shekels in the second quarter, sales hit by the strengthening of the shekel
Maytronics continues to experience a decline in sales, but excluding currency exchange rates, it seems that they have stabilized slightly. The company recorded a net loss of 8 million shekels in Q2.

With such weak performance, it is no wonder that the Kibbutz Yizre'el company is looking for a lifeline
Maytronics ended the second quarter with a decrease in revenue alongside a transition to a loss of about 8 million shekels. While it is holding talks for investment from the FIMI fund, the company announced an additional efficiency plan that will help it meet its obligations.

Wolt, Shein and Temu at the top: The spending of Israeli children in the summer of 2026
The MAX company published expenditure data for July-August. After the delivery company and shopping giants follow Roblox and Sony. Also: how much is spent in Tel Aviv compared to the North and South?

Record results reported, yet foreigners sold: the hot sector that is starting to cool down
Companies in this sector published excellent reports, yet they suffered the largest sales by foreign investors this week. Behind the move lies a warning sign coming straight from Wall Street. What do the foreigners know about these stocks, and what does it mean for your portfolio?

Max Stock crashes the market: clothing and footwear items for only 5.90 shekels
Max Stock announces sales in the footwear and clothing departments, offering dozens of items for only 5.90 shekels. At the same time, the chain is significantly lowering prices on stationery, paper products, bags, and pencil cases ahead of the back-to-school season.

Owners took 2 million shekels from Best: Securities Authority expected to intervene
Less than three months after its IPO, real estate firm Best is forced to correct its financial reports due to the unauthorized financing of the owners' private projects. Market experts anticipate an investigation by the Securities Authority, questioning the oversight provided by auditors and underwriters.

Investors punish Shufersal stock: Key reasons for the decline
Israel's largest supermarket chain lost 11% of its market value in two days following weak half-year reports. Despite efficiency measures implemented by owners Yossi and Shlomi Amir, the company is struggling with declining same-store sales.

Senior investor warns high-tech entrepreneurs: Do not incorporate in Israel
Senior venture capital investor Oren Zeev criticizes the trend of incorporating startups in Israel, warning that choosing the US (Delaware) over Israel can save founders millions in taxes and avoid critical regulatory risks.