Economy

Concerns surrounding chip and AI stocks have led to sharp declines in Asian markets, with the Seoul stock exchange crashing by 11%. On Wall Street, Nvidia's stock weakness allowed Apple to reclaim the top spot in market capitalization.

The large gap between the SK Hynix stock traded in the US and the one traded in South Korea indicates an unhealthy investor enthusiasm.

Globes presents an index examining the volume of credit card purchases in Israel. Phoenix Gamma data points to double-digit declines in most sectors, mainly due to the customs of the nine days.

The hedge fund in trust sector, managing approximately 6 billion shekels, faces regulatory uncertainty as its temporary authorization expires. The Knesset is set to vote on a permanent legal framework today, while the proposed metropolitan transport authorities reform remains stalled.

SUPERMARKETING is a series that introduces you to the people leading the marketing world in Israel. This time: Efrat Braunstein, VP of Marketing at Leket Israel.

Amid the fallout from the BVI company scandals involving Simed and Cohen, American real estate firm Eagle Properties is entering the Israeli market with a 500 million shekel bond issuance. The company is implementing voluntary protective mechanisms, raising questions about why such measures are not mandatory regulatory requirements.

The Capital Markets Authority has published a draft circular defining strict criteria for virtual currencies offered by Israeli crypto firms. The move aims to mitigate risks and institutionalize the local digital asset market.

Following a year-long delay due to war-related funding challenges, the financial closing for the 'Nofit' light rail project has been finalized. The 41 km line will connect Haifa, Nof HaGalil, and Nazareth, serving an estimated 100,000 passengers daily.

Ahead of the upcoming school year, the popular chain is launching an online emblem printing service with home delivery, alongside special offers on shirts, sweatshirts, and hoodies for children and teenagers at discounted prices.

Credit cards are often seen as a tool for expense control, but the "fixed charge" feature hides an expensive revolving credit. Here is why installments and deferred payments are economically disadvantageous.

The penetration of AI is pushing workers aged 50 and over out of the labor market with no way back. The state refuses to invest in appropriate training and will pay dearly in unemployment benefits and lost tax revenue.

The Haifa District Court has authorized Noga to offset 75 million NIS from PSP Investments due to the shutdown of a pumped-storage facility. These funds will be redirected to benefit electricity consumers.

Elite from the Strauss Group is bringing back the classic Tov Ta'am brand to the shelves, this time in a surprising new format of coated wafers, alongside other limited editions that connect two nostalgic snacks.

The Small and Medium Business Agency at the Ministry of Economy and Industry has opened a call for proposals for projects supporting small and medium-sized enterprises. The program offers a total of 9 million shekels, with up to 5 million shekels available per project.

ALDO has launched its first outlet store in Israel at the Chutzot HaMifratz shopping complex in the north. With an investment of approximately 800,000 shekels, the store offers previous collections at reduced prices, including a special promotion of 2 items for 200 shekels.

A slight rise is recorded in the local foreign exchange market, with the dollar strengthening by 0.1% to 3.062 shekels. Investors are awaiting the Federal Reserve's interest rate decision, due tomorrow.

Ili Bar, co-CEO of the urban renewal company Eco City, explains why, despite the slowdown in the residential sector, deals are still happening, including in Tel Aviv; he discusses a 200 million shekel investment by Menora Mivtachim and warns: "Fewer projects are getting underway today, and this will come back to us like a boomerang."

Avi Hasson, former head of the Israel Innovation Authority, proposes a 'Pay for Success' model for the public sector. He argues that the current incentive system focuses on processes rather than real impact.

Osher Ad continues its aggressive competition for consumers, offering a children's electric scooter for 499 NIS and various home and office appliances starting at 99 NIS at its Hadera branch.

Robert Kiyosaki, author of 'Rich Dad Poor Dad', is sounding the alarm again, warning of the bursting of the 'everything bubble' and an unprecedented retirement disaster: 'The greatest economic depression in history'.

Tiv Taam has invested 6 million shekels in a new branch in Rishon LeZion. The chain plans to roll out 'Mizrah U'Ma'arav' sub-branches across all its locations in the near future.

Following shareholder opposition and an updated proposal, Yigal Damri's compensation terms were approved by a narrow margin. Here are the details of the new agreement.

Following the decline in chip stocks on the Tel Aviv Stock Exchange, the negative trend has continued in Asia. Investors are monitoring the plunge in Samsung and SK Hynix shares amid growing concerns over AI investments.

Following the timely distribution of unemployment and child benefits, the National Insurance Institute is finalizing payments for hundreds of thousands of Israelis. The average benefit amount has reached 5,280 shekels following indexation.

Four out of seven tech giants are expected to report this week, as markets wait to see if massive investments in artificial intelligence will continue to fuel profits or lead to a painful shake-up in stocks.

While global growth forecasts remain stable, geopolitical turmoil and a surge in AI investments are creating widening gaps between the US and the Eurozone. Here are the key factors set to influence investor strategy.

Major US banks are reporting strong quarterly data, but investors are questioning whether this represents a sustainable trend or a temporary peak. Swiss bank Lombard Odier provides an analysis.

Leading indices recorded gains over the past trading week, while the mutual fund market saw significant redemptions and government bonds faced downward pressure.

Promises are one thing, reality is another: an investigation reveals that construction tenders in the first half of 2026 are at their lowest point, despite official assurances of an increased housing supply. We examine why this is happening and its connection to the power struggle for the ILA director position.

The KOSPI index on the Seoul Stock Exchange is plunging by 9.8%, Nikkei in Tokyo is falling by 4%, and Asian markets are seeing a sharp sell-off in AI-related chip stocks following a negative trend on Wall Street.

The American investment fund Affinity Partners, led by Jared Kushner, has sold 2.5% of Phoenix Finance shares to two international institutional investors for approximately 1 billion shekels. Following the transaction, the fund's stake in the company will decrease from 9.9% to 7.4%.

The owner of Y.H. Damri explains why he bought apartments for himself and his children in Sde Dov and denied it was done to boost sales: "Sde Dov is going to be one of the best neighborhoods in the country. We have done over 41 deals. Not the pace we expected, but I am not worried."

Contrary to popular belief, mobile parking apps do not reduce the number of fines but contribute to their increase. An academic study reveals that municipalities and private companies use 'dark patterns' in design, turning drivers' fear of fines into a source of steady profit.

Declines in the chip sector are shaking markets: Nvidia fell 5% yesterday, losing the title of the world's most valuable company to Apple. With stock declines in Asia and a volatile week ahead on Wall Street, investors are bracing for tech earnings and Fed decisions.

Two partners held land in Ramat Gan in equal shares for years, with one partner building a private house on the plot. Following a demolition order, a dispute arose over the allocation of additional building rights.

The objections investigator for the "Nof Yarkon" plan resigned due to a conflict of interest, as he had professional ties with an appraiser who submitted an opinion on the project. This is expected to further delay the 9,000-unit housing project, which has been in the works for three decades.

A rapid urban renewal plan for Ahuza Street in Ra'anana will increase density by hundreds of percent. This is just one of 100 projects being promoted around the Gush Dan metro, set to add 300,000 new apartments.

Erez Koptsh, head of Israel stocks at the insurance company Hachshara, is sure that the capital market is missing the fact that the US is facing deflation and therefore its interest rate will fall. He suggests extending duration in bonds and provides a recommendation on three sectors that are trading at attractive valuations in Tel Aviv.

New data show that business credit jumped by 15% year-on-year, the highest rate since 2010, driven largely by banks. This trend is primarily due to the real estate sector, which requires significant funding to stay afloat amid a sales slowdown. Experts warn of rising financial risks.

The Phoenix investment house, through its KSM ETF brand, has launched a new fund tracking American software stocks. Despite the sector's decline due to AI-related fears, experts see this as a potential investment opportunity.