Economy

Leading fashion chain FOX slashes prices: 70% discount on summer collection
The FOX chain has announced an end-of-season sale with a 70% discount on summer collection items, alongside promotions on basketball gear and online-only bundles. Some items are priced under 10 shekels. Back-to-school promotions are also underway.

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

Vaniglia joins the matcha trend and launches an ice cream series with a British brand
The Vaniglia ice cream chain is collaborating with the importer of the British brand PerfectTed. In Bnei Brak, a building damaged by an Iranian missile has been demolished for a new residential project. Sodexo Israel is expanding its catering operations, and Chinese truck manufacturer FAW is launching a 3 million shekel campaign.

Avi Shumer announced a shelf rearrangement, shaking up the book industry. Will competitors follow his lead?
This week, the CEO and co-owner of "Tzomet Sfarim" announced that the chain will filter the books it sells, including based on how they are funded. Criticism in the industry was swift, mainly regarding the status the chain is taking for itself and the potential harm to new authors. Shumer told Globes: "I actually received positive feedback from publishers. We understand that we are doing something...

Rami Levy shakes up the market: The product cut to a price of 3.90 shekels
The Rami Levy chain is launching a series of exclusive discounts for SuperFly credit card holders. Among the products on sale: household cleaning, grooming, and hygiene products | 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.

Four months after 'Lion's Roar': Refunds for public transport passengers
The Ministry of Transport will begin on Sunday a refund operation for passengers who held periodic subscriptions during the period of service reduction during the war. The refund will be granted to holders of 'Hofshi Hodshi' and students who held an annual subscription or a subscription for the second semester of the current academic year, and it can be redeemed until the end of 2026.

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?

Advertising ranking: the bank in the lead, the camembert baguette, and a site debut
The new 'Junior' campaign from Bank Hapoalim tops the memorable and favorite commercials ranking by Globes and Geocartography. 9 Insurance with Udi Kagan takes second place, while the Holiday Finder site enters the index for the first time after 4.5 years on air.

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?

After decades: The renowned beverage brand is changing its taste
The long-standing beverage brand is updating its classic recipe and bringing lime to the forefront. Alongside the change in taste, the packaging will also undergo a facelift with a neon design and a new logo. The company is aiming for the heart of Generation Z | All the details

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.

From sailors' votes to airlifts: the heated battle over voting for Israelis abroad
On a hot July day in 1965, the deafening sirens of ships anchored in Haifa port signaled a strike. The next day, newspapers reported that work was paralyzed on ten Israeli vessels, including the 'Theodor Herzl', as 3,500 sailors demanded the right to vote in the Knesset elections.

Recall of a favorite treat: this dessert is being pulled immediately from shelves in Israel
Following a complaint received by the Food Service at the Ministry of Health, it was found that the allergen labeling on a sweet product does not match its composition. The importer has announced a voluntary recall from shelves and urges consumers sensitive to certain allergens not to consume it.

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.

Daily Crypto: Market Overview and Key Asset Performance
The digital asset market is showing a negative trend as Bitcoin and Ethereum decline, while stablecoins remain relatively stable.

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.

5 tech companies with open positions you should know
Looking for your next career move? We have compiled a list of open development and high-tech positions to help you refresh your resume and find your next challenge.

Insurance industry storm: Agents' Association threatens legal action against TheMarker
Following a report on hundreds of thousands of policyholders allegedly induced to purchase expensive policies, the Israel Insurance Agents Association is threatening unprecedented legal action against TheMarker and its senior reporter.

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.

Shufersal Resumes Sales of Tnuva Butter at Higher Prices
Tnuva halted butter supplies to Shufersal after the chain rejected price increases ahead of Shavuot. Products have returned to shelves at higher prices, though the hikes vary and did not always reach the 4.8% increase requested by Tnuva. While some competitors maintained previous pricing, others raised costs by as much as 11%.

"Brought into Israel from the Palestinian Authority": Recall for mineral water brand
Ministry of Health inspectors discovered that bottles of "Alaska - natural mineral water" were brought into Israel from the Palestinian Authority territories without permits. The production and safety conditions of the water are unknown and it is not under supervision. The warning applies to all bottle sizes and all expiration dates.

Media Market Earthquake: Senior Journalist Fired Over Multi-Million Dollar Deal
A major scandal at one of the world's most influential economic magazines: the chief content editor of Forbes was immediately fired following the exposure of a dubious financial deal conducted behind the scenes of a prestigious rating project.

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.

Supermarketing: Meet Ofri Shabo – CMO of Magnum Israel
SUPERMARKETING is a column that introduces you to the people leading the marketing world in Israel. This time: Ofri Shabo, CMO of Magnum Israel.

Shoes at half price: Adidas' new revolutionary move
The international sports brand is breaking the traditional model and launching a special service that allows purchasing a single shoe, a move that could completely change the entire footwear industry.

Arbitrator rules: Tiv Taam will pay 8% more for Mizrach Ve-Maarav than the amount in the original agreement
Arbitrator Chen Schreiber has determined that the total value of Tiv Taam's acquisition of Mizrach Ve-Maarav will be 131 million shekels. This figure is 8% higher than the valuation set in the original December 2024 agreement.

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."

Rami Levy to Change Supplier: Eggs to Disappear from Chain Shelves
Following a commercial dispute, the M. Lesser company will stop supplying eggs to the Rami Levy Shivuk HaShikma chain. The retailer assures that there will be no shortage, as another partner will take over the supply.

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.

How much does it cost a family in Israel to live per month? The budget that shows where the money disappears
The average monthly expenditure of a household in Israel is 18,088 shekels, but a family with two children in the center can exceed 25 thousand.

Tel Aviv breaks five-year record in new apartment sales
A five-year record in new apartment sales in Tel Aviv propelled the city to the top of the transaction table in the first half of 2026, while Jerusalem led in second-hand apartment sales. Despite the local surge, CBS data indicates a real estate market that continues to stagnate and an exceptionally high supply of new apartments.

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.

Guy Lerer launched a new branch for 'Super HaTzinor': 'Thousands arrived'
Guy Lerer, who established the supermarket as part of the protest against the cost of living in Israel, summarized the opening event last night of the new branch in Harish. Attaching a picture of himself looking exhausted but satisfied, he wrote moving words.

Coming soon to Israel? A ban on contacting employees after working hours
Legislation in several countries prohibiting employers from contacting staff outside working hours raises the question of whether such norms will reach Israel. Constant digital availability is blurring the lines between work and leisure, contributing to employee burnout.