Economy

Israel’s Elite Tech Club: How High Earners Hunt for Discounts

Hitech Zone, an exclusive membership club for Israeli tech executives, has evolved into a sprawling empire offering real estate deals, car purchases, and even childcare. Founders reveal how even high earners earning $10,000+ monthly seek aggressive discounts.

Stock Gains Offset by Rising Bond Yields in Mixed Global Markets

New York equities advance while bond yields pressure stocks across global markets. Oil prices decline amid mixed Asian trading and holiday closures in China and South Korea.

Israeli Medical Firm Rafa Surges on $82.5M U.S. Defense Contract

Rafa, controlled by the Pimì fund, has secured a five-year contract to supply automatic emergency injectors for chemical weapons casualties to the U.S. Department of Defense, with potential expansion to $257 million.

Israel’s Banks Face Landmark Lawsuit Over $93 Billion in Unpaid Interest

An Israeli court has approved a class-action suit against four major banks accused of withholding interest payments on some 270 billion shekels held in checking accounts, marking a potential watershed moment in consumer financial protection.

Wall Street Volatile as Meta Surges, Oracle Stumbles; Oil Retreats

U.S. stock markets show mixed signals with Nasdaq down 0.2% as Meta rebounds and Oracle declines. Oil prices retreat to $104 per barrel ahead of major U.S.-China trade talks extending their truce.

Micron Stock Soars 230% But Remains Undervalued, Analysts Warn

Despite a stunning 230% rally since the start of 2026, Micron Technology's stock is still trading below its potential as AI demand surges and buyback programs accelerate, leading major Wall Street analysts to predict significant upside ahead.

Global Bond Crisis Hammers Tel Aviv Markets as Tech Plunges 4%

Israeli stock indices tumble as surging U.S. bond yields ripple across global markets. The TA-35 falls 1.3% while the Technolog index drops 4% amid rising inflation fears and swelling government debt.

Kael Deal Collapse: Bank Gets $135M Payout, Regulator Shows Teeth

Discount Bank will receive 135 million shekels after the Competition Authority blocked a major merger, exposing tensions between banking interests, regulatory authority, and a billionaire investor who lost two years to the failed acquisition.

From Near-Bankruptcy to $600M: Ex-Shin Bet Officer Transforms Israeli Fiber Firm

Yossi Chaver, who rose through Israel's domestic security agency, took over troubled fiber optics company IBC in 2013 and transformed it into a 2 billion shekel enterprise challenging Bezeq's market dominance.

Wall Street Tumbles as Bond Yields Hit 19-Year High

Nasdaq falls 1% as surging oil prices reignite inflation fears, pushing U.S. Treasury yields to their highest level in nearly two decades. Tech and industrial stocks show mixed signals amid economic uncertainty.

Israel’s $9.5 Billion Metro Project Draws Global Construction Giants

Israel Railways unveiled a massive tender for Jerusalem's planned metro system worth approximately 35 billion shekels, attracting over 250 representatives from 20 countries despite ongoing regional tensions.

Tel Aviv Markets Slip as Banks Weigh Down Bourse; Tech Gains

Israeli equities decline as banking and financial stocks drag down the Tel Aviv Stock Exchange, while technology and energy sectors post gains. Clal Insurance evaluates a major investment in WeLive Base.

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