Globes
66 articles in the Truth Foundry index. Each links out to the original.
- Israeli Banks Lead Market Decline as Tel Aviv Indices Fall · Major Israeli banks drove down the Tel Aviv Stock Exchange, offsetting gains in tech stocks.
- Institutional Hedging and Geopolitics Drive Shekel Depreciation · Institutional investors' hedging and rising Middle East tensions are weakening the Israeli shekel.
- Nice CEO Scott Russell Defends Stock Amid AI Transition and Market Skepticism · Nice CEO Scott Russell insists on growth despite 70% stock drop and AI fears
- MyHeritage Announces 15% Workforce Reduction Amid Post-Acquisition Challenges · MyHeritage plans to cut 15% of its 500 global employees following its 2021 acquisition by Francisco Partners.
- Carrefour Israel Approves IPO Prospectus After Profitability Turnaround · Carrefour Israel is working on an IPO prospectus following a shift to net profitability and debt reduction.
- Vietnam Defies French Ban to Pursue Israeli Defense Deals · Vietnam officials actively court Israeli defense firms despite France's Eurosatory restrictions.
- Wiz Co-founder Assaf Rappaport Acquires 60% Stake in Israel Bidur Social Media Group · Merit Spread Fund, led by Wiz CEO Assaf Rappaport, acquires majority stake in Israel Bidur for NIS 80 million.
- Israel Fiscal Deficit Narrows to 3.3% of GDP Amid Tax Revenue Surge · Israel's fiscal deficit dropped to 3.3% of GDP in 2026 as tax revenues jumped 28%.
- Cando Drones Completes TASE IPO at NIS 102 Million Valuation · Cando Drones, led by Rami Levy, completes Tel Aviv Stock Exchange IPO raising NIS 19 million.
- Iran Attacks Tankers in Strait of Hormuz Amid US Escalation · Iranian Revolutionary Guard fires on tankers in Oman waters, raising oil prices to $76.
- Recanati Family Acquires Majority Stake in Maccabi Tel Aviv for $50 Million · The Recanati family purchased 29% of Maccabi Tel Aviv from the Federmann family for $50 million, securing a 58% majority stake.
- Tech Stocks Plunge on Tel Aviv Exchange as Banks Rally · Camtek, Tower, and Nova led heavy losses on the Tel Aviv Stock Exchange while banks rose.
- Teva Advances Vitiligo Drug TEV-408 to Phase 2b Trial in Q4 2026 · Teva reports positive Phase 1b results for vitiligo drug TEV-408, advancing to Phase 2b in Q4 2026.
- Bank of Israel Cuts Rates to 3.5% as Inflation Forecast Dropped to 1.8% · Bank of Israel lowers interest rates to 3.5% and revises 2026 inflation forecast down to 1.8%.
- Tel Aviv Construction Costs Surge 15.4% in Low-Rise Category · Central Tel Aviv home construction costs jumped 15.4% year-over-year, driven by labor shortages and war impacts.
- Israel Treasury Warns Torah Study Law Will Damage Economy and Raise Taxes · Ministry of Finance warns Basic Law: Torah Study will incentivize non-work and raise taxes by 16% by 2065
- Castro Model Secures Five-Year Anta Sports Franchise for Israel Market · Castro Model signs agreement to distribute Anta Sports in Israel with $30M investment
- Israel Delegation Heads to US for Critical Defense MOU Talks Amid Aid Concerns · Israel's defense chief leads Washington trip to negotiate new security partnership replacing 2028 aid agreement
- Alarum Technologies Stock Plummets 96% After FBI Probe into NetNut · Alarum Technologies shares crashed 96% after an FBI investigation into its NetNut subsidiary for potential malicious proxy usage.
- REE Automotive Delisted from Nasdaq, Seeks Court Stay Amid Insolvency · Israeli auto-tech firm REE Automotive faces delisting due to insolvency and seeks court intervention for debt settlement.
- Bank of Israel Expected to Cut Rates to 3.5% Amid Strong Shekel · Analysts predict Bank of Israel will cut rates by 0.25% to 3.5% tomorrow due to low inflation and currency strength.
- Chaim Katzman Sells Controlling Stake in G City to Ari Real Estate · Ari Real Estate acquires 26% controlling stake in G City for NIS 661 million, valuing the firm at NIS 2.55 billion.
- Tel Aviv 35 Index Falls 0.44% Despite Weekly 2.4% Gain · Tel Aviv 35 Index closed down 0.44% on Friday but maintained a 2.4% weekly rise amid mixed sector performance.
- Rami Levy Expands Car Sales with New Mobility Division and US-Style Showrooms · Rami Levy launches Mobility division to expand car sales with integrated showrooms and cash-and-carry options.
- Tel Aviv Stock Exchange Opens July with Strong Gains Led by Defense and Energy · Tel Aviv 35 Index rose 1.35% as Bank Leumi and OPC Energy led market gains.
- Migdal Insurance Acquires 20% Stake in Ashtrom Rental Housing Portfolio · Migdal Insurance buys 20% of Ashtrom Residences for Rent for NIS 451 million
- Wix Acquired Base44 Launches Proprietary LLM to Reduce Third-Party Dependence · Base44, acquired by Wix, launches its own large language model to reduce reliance on external AI providers.
- Rafael Signs €2B Spyder Air Defense Deal with Romania · Rafael Advanced Defense Systems secures a €2 billion contract to supply the Spyder air defense system to Romania.
- Israeli Businessman Nochi Dankner Declared Bankrupt After Decade-Long Debt Dispute · Former IDB owner Nochi Dankner officially enters bankruptcy proceedings following failed debt settlement.
- Crusoe Invests $10 Billion in Israeli Data Centers for AI Processing · US neocloud giant Crusoe invests $10 billion in Israeli data centers to become a top AI player.