A Quiet Comeback: Tel Aviv Stock Market Surpasses Global Markets Despite Uncertainty
The lesson of remaining calm during stock market declines is one many long-term investors are familiar with. Reacting hastily to a market drop often results in missing the subsequent rebound, a common pitfall for those focused on short-term fluctuations. A clear...
Headlines
A Quiet Comeback: Tel Aviv Stock Market Surpasses Global Markets Despite Uncertainty
The lesson of remaining calm during stock market declines is one many long-term investors are familiar with. Reacting hastily to a market drop often results in missing the subsequent rebound, a common pitfall for those focused on short-term fluctuations. A clear...
Intel Unveils Revolutionary AI-Enabled Microchip, Created Exclusively in Israel
As Intel prepares for a crucial board meeting in mid-September, reports reveal ongoing adjustments to its corporate strategy in response to a pressing liquidity crisis. Recent speculation suggested a potential split into two distinct companies focused on chip...
Bank of Israel Keeps Interest Rate Unchanged
The Bank of Israel has decided to keep the interest rate steady at 4.5% for the fifth consecutive time, navigating a challenging economic landscape marked by global and domestic uncertainties. This decision, while maintaining consistency, highlights a significant...
Bank of Israel Governor: Interest Rate Cut Likely in Late 2025 Amid Inflation Concerns
In a recent interview with Globes, the Governor of the Bank of Israel, Professor Amir Yaron, discussed the potential for an interest rate cut, suggesting it may only occur in the latter half of 2025. This outlook is contingent on the moderation of inflation, which...
Check Point Expands Its Portfolio by Acquiring Israeli Cyber Company
Israeli cybersecurity giant Check Point has announced the purchase of Cyberint, a company specializing in external risk assessment and management. The acquisition comes just a month after the appointment of Check Point's new CEO, Nadav Tzafir. This deal, valued at...
Johnson & Johnson Acquires Israeli MedTech Innovator V-Wave in $1.7 Billion Deal
Johnson & Johnson, the global leader in medical devices and biotechnology, has announced its acquisition of the Israeli company V-Wave for an upfront payment of $600 million, with the potential for the deal to reach up to $1.7 billion based on the achievement of...
Pro-Palestinian Organisations Campaign Targets Denmark and UK Arms Policies
Recent developments have seen international human rights organizations, alongside pro-Palestinian legal groups, mounting efforts to alter the arms policies of Denmark and the United Kingdom. While Denmark has previously rejected proposals to halt arms transfers to...
Fitch Downgrades Israel’s Credit Rating Amid Geopolitical Tensions and Economic Challenges
Fitch Ratings has downgraded Israel's credit rating from A+ to A, citing a negative outlook, signalling the possibility of further downgrades in the near future. This decision aligns Fitch with other major rating agencies, Moody's and S&P, which downgraded...
Navigating Market Volatility: Is It Time To Sell or Hold Your Stocks?
The stock market has been exceptionally volatile in recent weeks, with investors facing uncertainty amidst disappointing earnings reports from major technology companies, unexpected macroeconomic data, and geopolitical tensions, including the possibility of a...
Why Today’s Tel Aviv Stock Market Decline Was Milder Than Global Counterparts
Amidst sharp declines in world markets, veteran investor Amir Eyal, chairman and chief investment strategist of the Infinity Group, offers a seasoned perspective. In an interview with the Hebrew business news outlet Globes, Eyal reflects on his 40 years in the capital...
S&P Warns of Significant Risks to Israel Amid Geopolitical Tensions
In a recent investor update, the credit rating agency S&P has expressed heightened concerns over Israel's geopolitical and security risks, emphasizing that the potential for a broader conflict in the Middle East poses significant threats to the country. While...
Wiz Declines Google’s $23 Billion Acquisition Offer, Eyes IPO
In a bold move, Israeli cybersecurity firm Wiz has declined a $23 billion acquisition offer from Google. Instead, the company will stay the course with its plans to go public and achieve a substantial annual revenue goal. "Saying no to such honourable offers is...
Israeli Anti-Fake News Pioneer Aims for Nasdaq Listing
Three years after the surge of SPAC (Special Purpose Acquisition Company) activity, the market has cooled significantly. However, the trend hasn't entirely disappeared, with some companies continuing to use SPACs to go public. One notable example is Cyabra, an Israeli...
Google Eyes Historic $23 Billion Deal with Israeli Cyber Security Start-Up Wiz
Google’s parent company, Alphabet, is looking to acquire Israeli cybersecurity startup Wiz for approximately $23 billion. This potential acquisition, which would be the largest in Alphabet’s history, underscores the tech giant’s strategic push into the cybersecurity...
Historic Launch: New Israeli Airline Begins Operations
The Israeli aviation landscape is set to broaden with the upcoming launch of Air Haifa, a new airline poised to enhance flight availability not only to Eilat but also to various Mediterranean destinations. This development marks a significant shift, as it introduces...
Investment Opportunity: High Yield and Safety in Israeli Government Bonds Amid Rising Geopolitical Tensions
In the wake of growing fears of a significant security escalation in the north against Hezbollah, the pressure on bonds issued by the Israeli government has intensified. This situation presents a unique investment opportunity, primarily due to the soaring yields on...
India-Israel Defence Collaboration: A Strategic Partnership in Missile and Drone Production
India is playing a pivotal role in producing missiles and drones for Israel, which are integral to Israel's "Iron Swords" war effort, as reported by Al Jazeera. This partnership underscores the significant defense cooperation between New Delhi and Jerusalem,...
Increasing Leviathan Gas Exports: Potential Risks and Promising Economic Benefits for Israel
In a major development, the oil commissioner at the Ministry of Energy has indicated that the Leviathan partnership could potentially export an additional 118 BCM (billion cubic meters) of natural gas, more than doubling current levels. While not an official export...
Israel’s Gilat Satellite Networks Buys Stellar Blu in $245M In-Flight Connectivity Deal
Israeli-based Gilat Satellite Networks has acquired San Diego’s Stellar Blu Solutions. The deal, valued at up to $245 million, marks a significant expansion for Gilat into the in-flight connectivity (IFC) market. Gilat, known for its innovative solutions in satellite...
French Court Bans Israeli Companies from Eurosatory Arms Exhibition
In an unprecedented move, a French court has prohibited any Israeli company from participating in the upcoming Eurosatory arms exhibition, which is set to open near Paris tomorrow. This decision extends beyond just exhibiting; no representative from Israeli companies...
Unexpected Inflation Slowdown: May CPI Surprises with Modest Rise of 0.2%
In a surprising turn of events, the Consumer Price Index (CPI) for May exhibited a modest increase of 0.2% on a monthly basis, defying earlier forecasts which had anticipated a rise of 0.5%-0.6%. Over the past year, the CPI climbed by 2.8%, mirroring the previous...
This Unexpected Contender for Gaza Peacekeeping Could Transform Middle East Dynamics
For quite some time since October 7, several nations have been contemplating participation in an international monitoring force for the Gaza Strip. Notably, Indonesia, the world's most populous Muslim country, has emerged as an unexpected contender. Since the war with...
Germany’s SAP Acquires Israeli Software Company WalkMe for $1.5 Billion
In a landmark deal, SAP, the renowned German enterprise software giant, has acquired Israeli software company WalkMe for $1.5 billion. The deal values WalkMe's shares at $14, representing a 45% premium over its last closing price on Nasdaq. This announcement has led...
Speed Limits Reinforced: Cars to Feature Computerized Speed Regulation
Starting next month, every new car sold in Europe will come equipped with a system known as Intelligent Speed Assistance (ISA), designed to limit vehicle speed. While some imported cars in Israel already feature this technology, the numbers are currently limited....
High Profits And Low Valuations: Why Are Major Israeli Banks Struggling?
In recent months, there has been a growing consensus among financial experts that the Israeli stock market is poised for a significant rally. However, despite these optimistic forecasts, the market has yet to deliver the anticipated gains. While Wall Street's S&P...
Israeli 10-Year Bond Yield Hits 13-Year High
The yield on Israeli 10-year bonds surpassed the 5% threshold, marking its highest level in 13 years. This surge occurred just hours before the Bank of Israel's announcement on May 27 to maintain the interest rate at 4.5%. Despite the decision to keep the rate steady,...
Bank of Israel Keeps Interest Rate Unchanged
The Bank of Israel has maintained the interest rate at 4.5%, marking the third consecutive time this year that the central bank has opted to leave the rate at current levels. This decision aligns with the predictions of leading economists, who anticipated no change on...
Innovation
XTEND Raises $40 Million in Funding After Proving Drone Capabilities in Combat
XTEND, an Israeli drone manufacturer specializing in attack and intelligence drones, has successfully raised $40 million in a Series B funding round. The...
Nvidia Acquires Israeli Start-Up Run:ai for $700M
Nvidia, a renowned leader in graphics processing units (GPUs) and artificial intelligence (AI) technologies, has made a significant move in the tech industry by announcing the acquisition of Israeli start-up Run:ai. The company has developed an innovative operating...
Unprecedented Intercept: Israel’s Defence Triumphs Against Iranian Assault
The Iranian parliament erupted in celebratory chants of "Death to Israel!" on a Sunday morning, hailing what they perceived as a successful missile and UAV attack on Israel. However, despite the fervor of the moment, the reality paints a different picture: almost 99%...
Mergers and Acquisitions in Israel’s High-Tech Surge to Nearly $4 Billion Amidst War
Amidst the challenges posed by the war with Hamas in Gaza strip, new insights from Startup Nation Central (SNC) shed light on the robustness of the Israeli tech sector. The data, released today, reveals a remarkable resilience despite the backdrop of the ongoing war,...
Israeli Startups Experience Significant Decline in Funding Despite Stock Market’s Bull Run
In the wake of the War with Hamas, a recent report by the Fusion Fund sheds light on the state of pre-seed investments in Israel's startup ecosystem. The report, covering investments in the pre-seed stage throughout 2023 and early 2024, reveals a significant downturn...
Economy
Bank of Israel Keeps Interest Rate Unchanged
The Bank of Israel has decided to keep the interest rate steady at 4.5% for the fifth consecutive time, navigating a challenging economic landscape marked by...
Bank of Israel Governor: Interest Rate Cut Likely in Late 2025 Amid Inflation Concerns
In a recent interview with Globes, the Governor of the Bank of Israel, Professor Amir Yaron, discussed the potential for an interest rate cut, suggesting it may only occur in the latter half of 2025. This outlook is contingent on the moderation of inflation, which...
Fitch Downgrades Israel’s Credit Rating Amid Geopolitical Tensions and Economic Challenges
Fitch Ratings has downgraded Israel's credit rating from A+ to A, citing a negative outlook, signalling the possibility of further downgrades in the near future. This decision aligns Fitch with other major rating agencies, Moody's and S&P, which downgraded...
S&P Warns of Significant Risks to Israel Amid Geopolitical Tensions
In a recent investor update, the credit rating agency S&P has expressed heightened concerns over Israel's geopolitical and security risks, emphasizing that the potential for a broader conflict in the Middle East poses significant threats to the country. While...
Google Eyes Historic $23 Billion Deal with Israeli Cyber Security Start-Up Wiz
Google’s parent company, Alphabet, is looking to acquire Israeli cybersecurity startup Wiz for approximately $23 billion. This potential acquisition, which would be the largest in Alphabet’s history, underscores the tech giant’s strategic push into the cybersecurity...
Company Reporting
Intel Unveils Revolutionary AI-Enabled Microchip, Created Exclusively in Israel
As Intel prepares for a crucial board meeting in mid-September, reports reveal ongoing adjustments to its corporate strategy in response to a pressing...
Check Point Expands Its Portfolio by Acquiring Israeli Cyber Company
Israeli cybersecurity giant Check Point has announced the purchase of Cyberint, a company specializing in external risk assessment and management. The acquisition comes just a month after the appointment of Check Point's new CEO, Nadav Tzafir. This deal, valued at...
Johnson & Johnson Acquires Israeli MedTech Innovator V-Wave in $1.7 Billion Deal
Johnson & Johnson, the global leader in medical devices and biotechnology, has announced its acquisition of the Israeli company V-Wave for an upfront payment of $600 million, with the potential for the deal to reach up to $1.7 billion based on the achievement of...
Wiz Declines Google’s $23 Billion Acquisition Offer, Eyes IPO
In a bold move, Israeli cybersecurity firm Wiz has declined a $23 billion acquisition offer from Google. Instead, the company will stay the course with its plans to go public and achieve a substantial annual revenue goal. "Saying no to such honourable offers is...
Israeli Anti-Fake News Pioneer Aims for Nasdaq Listing
Three years after the surge of SPAC (Special Purpose Acquisition Company) activity, the market has cooled significantly. However, the trend hasn't entirely disappeared, with some companies continuing to use SPACs to go public. One notable example is Cyabra, an Israeli...
Stock Market
A Quiet Comeback: Tel Aviv Stock Market Surpasses Global Markets Despite Uncertainty
The lesson of remaining calm during stock market declines is one many long-term investors are familiar with. Reacting hastily to a market drop often results...
Navigating Market Volatility: Is It Time To Sell or Hold Your Stocks?
The stock market has been exceptionally volatile in recent weeks, with investors facing uncertainty amidst disappointing earnings reports from major technology companies, unexpected macroeconomic data, and geopolitical tensions, including the possibility of a...
Cryptocurrency Market Surges as Ethereum ETF Approval Rumours Swirl
Cryptocurrencies, spearheaded by Ethereum, experienced a significant surge following a tweet from Bloomberg analysts suggesting a high probability that Ethereum-based basket funds (SPOT) might soon receive approval from the US Securities and Exchange Commission (SEC)....
Tel Aviv Stock Exchange Forecast Survey Offers Cautious Optimism Among Israeli Investment Advisors
In the midst of a prolonged conflict lasting over seven months, a large-scale forecast survey conducted by the Tel Aviv Stock Exchange on the occasion of Independence Day offers a glimmer of cautious optimism for Israel’s financial markets. More than 100 advisers and...
Market Volatility Returns: Understanding the Recent Downturn in Stocks
The exuberance that characterized Wall Street's performance in the latter half of 2023 and the first quarter of 2024 has waned significantly in recent weeks. A string of negative sessions has seen the S&P 500 index retreat nearly 5% from its March peak, with...
Portfolio
Why Today’s Tel Aviv Stock Market Decline Was Milder Than Global Counterparts
Amidst sharp declines in world markets, veteran investor Amir Eyal, chairman and chief investment strategist of the Infinity Group, offers a seasoned...
Investment Opportunity: High Yield and Safety in Israeli Government Bonds Amid Rising Geopolitical Tensions
In the wake of growing fears of a significant security escalation in the north against Hezbollah, the pressure on bonds issued by the Israeli government has intensified. This situation presents a unique investment opportunity, primarily due to the soaring yields on...
Reevaluating the “Sell in May and Go Away” Strategy: Is It Still Relevant?
The age-old adage in capital markets, "Sell in May and go away," suggests that the May to October period yields low returns, making it prudent for traders to exit the market during this time. However, a closer examination of Wall Street's returns during these months...
Charting Growth: Israel’s Pension and Provident Funds See Strong February Returns
February has proven to be another fruitful month for pension and provident funds, building on the solid returns seen in January. This notable performance can be attributed to robust price increases in both Israeli and global stock markets. The surge in returns...
Turning Crisis into Opportunity: Israel’s Stock Market Surge Post Moody’s Downgrade
Moody's recent downgrade of Israel's credit rating, coupled with a negative outlook, sent shockwaves through the financial world. Investors, faced with what was dubbed a "serious report" and a "bitter surprise," might have been inclined to panic and sell off shares....
Real Estate
Office Space Oversupply Challenges Tel Aviv’s Real Estate Landscape
In a striking turn of events, the once-booming demand for office spaces in Tel Aviv and Ramat Gan has dwindled, leaving prestigious towers like Azrieli and...
Israeli Real Estate Market Defies Market Trends, Despite Decline in Apartment Sales
In a surprising turn of events, Israel's real estate market is experiencing a decline in apartment sales, but construction activity is reaching unprecedented levels, defying expectations. According to data released by the Central Bureau of Statistics, the third...
Israel’s real estate market faces steep decline in new starts
Construction activity in Israel is experiencing a significant decline, primarily due to the country's economic situation. In the first quarter of this year, the number of construction starts decreased by 25% compared to the same period last year, making it the...
Israeli housing market faces looming crisis as mortgage volume declines
Recent data from the Bank of Israel highlights a worrying trend in the housing market, signalling the onset of a significant crisis. The monthly mortgage volume has returned to levels seen three years ago, indicating a decline in real estate market activity. While the...
Declining trend: Israeli real estate market at its weakest since 2003
The Israeli real estate market is experiencing a significant downturn, with the number of deals closed in February decreasing by 41% compared to the previous year. This marks one of the weakest periods since 2003, according to the Ministry of Finance's report...
Intel Unveils Revolutionary AI-Enabled Microchip, Created Exclusively in Israel
As Intel prepares for a crucial board meeting in mid-September, reports reveal ongoing adjustments to its corporate strategy in response to a pressing liquidity crisis. Recent speculation suggested a potential split into two distinct companies focused on chip...
Bank of Israel Keeps Interest Rate Unchanged
The Bank of Israel has decided to keep the interest rate steady at 4.5% for the fifth consecutive time, navigating a challenging economic landscape marked by global and domestic uncertainties. This decision, while maintaining consistency, highlights a significant...
Bank of Israel Governor: Interest Rate Cut Likely in Late 2025 Amid Inflation Concerns
In a recent interview with Globes, the Governor of the Bank of Israel, Professor Amir Yaron, discussed the potential for an interest rate cut, suggesting it may only occur in the latter half of 2025. This outlook is contingent on the moderation of inflation, which...
Check Point Expands Its Portfolio by Acquiring Israeli Cyber Company
Israeli cybersecurity giant Check Point has announced the purchase of Cyberint, a company specializing in external risk assessment and management. The acquisition comes just a month after the appointment of Check Point's new CEO, Nadav Tzafir. This deal, valued at...
Johnson & Johnson Acquires Israeli MedTech Innovator V-Wave in $1.7 Billion Deal
Johnson & Johnson, the global leader in medical devices and biotechnology, has announced its acquisition of the Israeli company V-Wave for an upfront payment of $600 million, with the potential for the deal to reach up to $1.7 billion based on the achievement of...
Pro-Palestinian Organisations Campaign Targets Denmark and UK Arms Policies
Recent developments have seen international human rights organizations, alongside pro-Palestinian legal groups, mounting efforts to alter the arms policies of Denmark and the United Kingdom. While Denmark has previously rejected proposals to halt arms transfers to...
Fitch Downgrades Israel’s Credit Rating Amid Geopolitical Tensions and Economic Challenges
Fitch Ratings has downgraded Israel's credit rating from A+ to A, citing a negative outlook, signalling the possibility of further downgrades in the near future. This decision aligns Fitch with other major rating agencies, Moody's and S&P, which downgraded...
Navigating Market Volatility: Is It Time To Sell or Hold Your Stocks?
The stock market has been exceptionally volatile in recent weeks, with investors facing uncertainty amidst disappointing earnings reports from major technology companies, unexpected macroeconomic data, and geopolitical tensions, including the possibility of a...
Why Today’s Tel Aviv Stock Market Decline Was Milder Than Global Counterparts
Amidst sharp declines in world markets, veteran investor Amir Eyal, chairman and chief investment strategist of the Infinity Group, offers a seasoned perspective. In an interview with the Hebrew business news outlet Globes, Eyal reflects on his 40 years in the capital...
S&P Warns of Significant Risks to Israel Amid Geopolitical Tensions
In a recent investor update, the credit rating agency S&P has expressed heightened concerns over Israel's geopolitical and security risks, emphasizing that the potential for a broader conflict in the Middle East poses significant threats to the country. While...