Economy

The price reduction of the iPhone 17 series ahead of the next generation is clearly felt in the market: within a few days, a 360% jump in device sales was recorded on Wolt, with most purchases focusing on the more expensive models.

New data reveals that most insured individuals purchase travel insurance only in the final days. Why is this a mistake that could cost you dearly, and which destination leads in medical inquiries?

Moments before the trial began, the tech giant reached a significant settlement following a lawsuit that accused it of charging unfair commissions of up to 30% and causing severe harm to small businesses.

While 96% of analysts recommend a "buy," Jay Goldberg of Seaport Research holds the only "sell" recommendation on Nvidia stock. His argument is surprising: precisely because the company is showing amazing results, it can no longer surprise to the upside. What is behind this unusual position?

Palestinian workers are no longer here and the industry is far from recovering. Restaurateur Ilan Zagdon says in an interview with Globes that he promoted a plan with Finance Minister Smotrich that will bring thousands more foreign workers: "The best restaurateurs have become dishwashers." But not everyone is impressed: "It's a joke. It's not even a band-aid," says restaurateur Bernardo Belhovich.

Insurance company Menora Mivtachim is acquiring 40% of the shares of the hedge fund Agility for 200 million shekels. The deal values the fund at 500 million shekels, surprising the capital market.

The Universe chain is launching a series of unprecedented promotions on ground meat, salmon, olive oil, and other popular products whose prices will be cut by tens of shekels, but there is a limited quantity that you can purchase.

Three Federal Reserve officials expressed ongoing concern today about the state of inflation in the US, as the annual Kansas City Fed economic symposium opened in Jackson Hole, Wyoming. They emphasized the need for action to return inflation to the 2% target.

The National Insurance Institute, in cooperation with the Ministry of Construction and Housing, has launched an initiative to help citizens claim their rights. Approximately 40,000 Israelis identified as potentially eligible for rental assistance will receive an SMS with instructions.

Following a rigorous search process, Professor Amir Yaron has appointed Limor Schwartz, an expert with 25 years of experience in data and artificial intelligence, as the new Director of the Information and Statistics Department at the Bank of Israel.

A stormy trading day closed with sharp gains in the leading indices. While one of the largest technology companies records an unusual double-digit jump, retail giant Shufersal and airline El Al disappoint investors and plummet.

The international investment bank Jefferies sets a target price of 565 shekels for Menora Mivtachim shares and explains why it is the only one in the industry increasing profits in property auto insurance while competitors are struggling. What is behind the premium that Jefferies suggests for the stock, and where do the risks lie?

The largest pharmacy chain in Israel is launching a huge sale on dozens of popular consumer products in its branches, from baby products to leading makeup brands. These are the new prices that have been revealed.

The tool used by those with the greatest potential for damage. The WhatsApp message that created panic. And the smart securitization of LeBron James. A spotlight on several issues on the agenda.

Nvidia will lease up to 4 MW at the Serverz data center in Kfar Saba, a deal expected to generate 8 to 18 million shekels annually for the Rani Zim and Kardan-Geva partnership. The facility, currently operating at 20 MW, plans to scale to 200 MW amid a national shortage of data center space and grid connection freezes.

Concerns regarding soil contamination in the Sde Dov quarter continue to delay the distribution of rights among approximately 1,700 landowners in the 'Gush HaGadol'. Although the appraiser found no grounds to change the value coefficients at this stage, rights holders argue that the lottery must be postponed until pollution test results are available.

A strong bullish trend was recorded this week among the leading currencies, as Bitcoin approaches a new record and one of the central currencies leaves competitors in the dust with a particularly dramatic jump.

The Chief Economist's Division at the Ministry of Finance reports a sharp increase in cancellations since the beginning of the year. Buyers who relied on financing promotions are struggling to complete payment by the delivery date. Ohad Danos notes that many hoped for speculative gains, while experts warn of risks to contractors' cash flow.

Multi Retail, owner of ACE, Auto Depot, and Betili, concludes the first half of 2026 with a 175% jump in EBITDA. This comes shortly after the agreement was signed to sell control of the company to the Ganon Group.

The Israeli financial giant is entering into a strategic partnership to acquire hundreds of income-generating solar projects abroad, most of which are already connected to the power grid and secured by long-term hedging mechanisms.

Competition for consumers, who often prefer to shop online or abroad, forces malls to change their mix. From padel courts on the roof to gaming complexes, with investments of tens of millions of shekels.

Dreame, which unveiled a concept car promising 0-96 km/h acceleration in 0.9 seconds, is closing its automotive project. Following the withdrawal of government funding, only HR and legal staff remain to wind down operations, which previously employed 1,000 people.

Ahead of the new school year, the Israel Electric Corporation is finalizing power grid connections and upgrades for 270 educational institutions. Preparations began earlier this year following requests from local authorities.

A technology company operating in the global chip market is launching a share buyback program. The board of directors determined that the move constitutes a sound business opportunity that serves the best interests of shareholders.

The Mehir LeMishtaken project in Be'er Sheva by A.Sh. Yagel has become insolvent and will not be completed on time. The company is facing debts of hundreds of millions of shekels and an internal shareholder dispute.

The cyber company Echo has acquired the assets of Minimus in an all-cash deal. Minimus decided to cease operations, and Echo will integrate their technology into its software and services portfolio.

The construction materials and income-producing real estate company reported a drop of over 85% in profit during the quarter, following a decrease in revenues and an increase in transportation and management expenses. Simultaneously with the publication of the reports, Ackerstein announced the departure of CEO Amit Lang, less than a year after he was appointed to the position.

The Administrative Court has approved the Dan garage redevelopment plan, including the relocation of the bus depot. The court dismissed a residents' petition against the 750-unit housing project, upholding the use of easements to provide public access to open spaces while preserving developers' building rights.

The end of a drama lasting more than a decade: a court in Brazil has finally approved the bankruptcy of telecom giant Oi and rejected the banks' appeals. Despite the collapse, the company will continue to operate temporarily to prevent the shutdown of essential services; initial liquidation procedures have begun.

Chairman of the Israel Airports Authority workers' union, Pinhas Idan, addresses a personal and sharp letter to Finance Minister Bezalel Smotrich following the chaos at Ben Gurion Airport, rejects accusations of bullying, demands an investigative committee, and claims he was framed.

Altice reports reveal a dual picture in HOT's Israeli operations: EBITDA jumped 6.5% in euro terms, but actually eroded in local currency. We analyze why cash flow improved despite business stagnation.

A few hours after the couple's lavish wedding in Italy, the National Insurance Institute noticed a quick change on social media and rushed to send a public and particularly surprising message to the young bride.

While Bitcoin leads the market to a yearly high, a series of well-known coins have been left behind and present interesting catalysts despite the increased risk that analysts are currently warning about.

Real estate group Reisdor reports a 53% revenue jump in the second quarter to 213 million shekels. Operating profit for the half-year reached 129.8 million shekels amid strong apartment sales.

Real estate firm Best Group is facing market pressure after revealing that the amount of funds unlawfully taken from its subsidiary is more than double the initial estimate. Following the announcement and concerns over the company's accounting practices, shares have fallen by 6%.

Amit Lang is stepping down as CEO of the Ackerstein Group less than a year after his appointment. Zvika Ackerstein will take over as CEO following a 51% decline in the company's net profit for the first half of 2026.

The cryptocurrency market is experiencing a revival in August, as the flow of funds into ETFs has returned to positive territory. Investor sentiment is at its highest point in two years, leading to assessments that the market is on its way to sharp gains towards the end of the year. Against this backdrop, the narrative is strengthening that the investment bubble in artificial intelligence is...

The return to school brings heavy expenses, but a new technological reality is offering consumers access to high-quality hardware with savings of up to 58%.

Israel's largest retail chain closed the quarter with a 7.5% decrease in revenue and an erosion of profitability, but most of the gap stems from the fact that the entire impact of the Passover holiday was attributed this time to the first quarter. The board of directors announced a dividend of 180 million shekels.

The board of directors of the Israel Association of Community Centers (Matnasim) has appointed Adv. Galit Viderman as the company's new CEO. The appointment is now subject to approval by the Dotan Committee.