Tech & Finance
Israeli tech, startups, markets, and the shekel economy.
Israeli May Lead Nvidia – Who Will Replace Jensen Huang
Serious discussions are heating up around the future leadership of American technology corporation Nvidia. Amid reports of possible personal scandals involving founder and CEO Jensen Huang, the question of his removal is being considered. Among…
Elbit wins $260 million NATO rocket artillery contract
Elbit's new five-year deal covers PULS rocket artillery systems and munitions for a European NATO member
The Drama at Nvidia: Will an Israeli Lead the Company?
The possibility of ousting Jensen Huang presents Nvidia with the greatest succession question in its history. Among the prominent candidates are senior figures within the company, including Ian Buck and Colette Kress, alongside names from…
Elon Musk on the possibility of hiring Nvidia CEO: 'It would be an honor'
Elon Musk expressed willingness to hire Nvidia CEO Jensen Huang, against the backdrop of reports on the possibility of his dismissal. In response to a post that called on him to hire Huang, Musk wrote…
What are the forces influencing the strengthening of the dollar?
The shekel-dollar exchange rate has experienced dramatic fluctuations, influenced by interest rate gaps, uncertainty, and dramatic changes in hedging by institutional investors. What should importers and exporters expect? Data of the week - now also…
More Than Half of Mortgage Funds - in High Financing
A new index by Real Estate Media, based on Bank of Israel data, reveals that homebuyers are relying on the bank more than before • The surprise: a sharp increase specifically in apartments priced between…
Israel Police arrest five suspects in alleged NIS 16 million WhatsApp cryptocurrency fraud scheme
Israel Police arrested five suspects in an alleged NIS 16 million cryptocurrency scheme involving WhatsApp trades and transfers disguised as loans
Israeli students develop technologies to support emergency response
Haredi and Modern Orthodox students from the Jerusalem College of Technology win two of three awards in a national competition for technologies with potential defense and emergency-response applications
Duckweed: Inside the Israeli start-up using quantum farming to grow the ultimate superfood
The aquatic plant is at least 100 per cent more nutritious than broccoli and kale, according to the manufacturer
Israel: Start-Up Nation with an Outdated Political Mindset
Israel cannot preach innovation to its entrepreneurs while simultaneously stifling it through politics. We did not build a world-leading technology industry by telling entrepreneurs to stay in their place and leave the established companies alone.
Employees have dreamed of this for years. This company decided to allow them.
While companies prepare for employee absences following the launch of one of the world's most anticipated computer games, technology giant Logitech decided to do exactly the opposite: grant employees special paid leave.
Israel's Brig. Gen. (res.) Erez Askal, head of the PMO's National AI Directorate:
"We are on the threshold of a different sovereign reality. Within a few years, national infrastructure will run on artificial intelligence. Whoever controls it will control the switch of nations."
Major declines on Wall Street and Tel Aviv
The stock markets of Wall Street and Tel Aviv are showing significant declines, raising questions about the possibility of an imminent crash. The Nasdaq 100 index has fallen nearly 8% in one week, while the…
New Iran Protests: Retirees, Teachers Take to Streets Over Inflation, Unpaid Benefits
People walk past a billboard about the Strait of Hormuz, on a building in Tehran, Iran, Sept. 16, 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS IRAN — Retirees, pensioners, and educators have…
AI Lures Israelis into a Trap During Sales
Ahead of November sales, more shoppers are trusting artificial intelligence to choose products, unaware of potential financial consequences. Digital assistants can quickly compare offers from various stores, but may miss profitable discounts, provide outdated prices,…
Half of Israelis hit by cyber threats, but most don't know how to fight back
A new National Cyber Directorate survey finds that 98% of Israelis are aware of online threats, yet only one-third feel equipped to deal with them. Two-thirds received suspicious text messages in a single month
Once and that's it: WhatsApp's new feature for privacy protection
Meta begins rolling out text messages for one-time viewing that are permanently deleted immediately after being opened by the recipient on WhatsApp • The system blocks screenshots, prevents copying and forwarding of the content, and…
Nvidia drops between 7.2% and 7.5%
Nvidia stock falls 7% in early trading, amid reports of another affair by the CEO and a board meeting to discuss his removal. In late-night trading, the stock plunged 8%.
Yafit Geriani Met Yesterday with the Director General of the Finance Ministry. On the Agenda: Postponing the Sale of Cal
At the beginning of the month, Bank Discount renewed the sale process of Cal, after the original agreement for its sale to the Union-Harel group at a value of up to 4 billion shekels expired.…
Drama at Nvidia: Stock Plunges, CEO Jensen Huang on His Way Home?
The chip giant's stock lost more than 8% in after-hours trading, following a wipeout of hundreds of billions of dollars from its value in recent days. The board convened to discuss Huang's future, following a…
The drone age for all: The real challenge is only beginning - opinion
Can anyone build and fly a drone? New companies, investors, and AI technologies are accelerating market growth, but the gap between an impressive prototype and a reliable operational system remains
Financial firm named for Holocaust survivor to create $66 million Manhattan headquarters, Hochul says
Oppenheimer Holdings, an investment banking and wealth management firm named for Max E. Oppenheimer, a Jewish refugee who fled the Nazis, plans to establish a $66 million headquarters in Lower Manhattan, retaining more than 1,000…
Palantir set to extend NHS contract despite BDS pressure
‘Sources close to the matter’ say ending the contract with the data giant now would be too disruptive for the health service
One WhatsApp group, 16 million shekels: The suspicion that led to arrests
Five suspects were arrested on suspicion of operating a system for trading cryptocurrencies via a WhatsApp group, totaling about 16 million shekels. Investigators are examining how money transfers were presented as legitimate loans.
IRAN’S ECONOMIC SITUATION AS OF NOVEMBER 3, 2026
Average monthly wage: $94 (256 million rials). Average fresh red meat: $7 to $10 per kg. Exchange rate: $1 = 2,740,000 Iranian rials At these prices, 1 kg of fresh meat costs roughly 7% to…
The average salary in Israel has increased
In September, the average gross salary of employees in Israel reached 14,515 shekels, marking an annual increase of 3.8%, or about 530 shekels. This increase exceeds the annual inflation of 1.6%, resulting in a real…
Aviation Giant Returns to Israel but Imposes Unpleasant Ban
American airline United Airlines, which resumed flights to Israel and plans to expand its operations at Ben-Gurion Airport, has decided to block third-party AI assistants attempting to book tickets on behalf of passengers. The company…
After years: Jewish families move into homes in Jericho area
Following a secretive property acquisition operation, Jewish families have moved into eight homes in the Jericho area
Mega Deal: Elbit's Rocket System on Its Way to NATO
Elbit Systems announced a new contract worth approximately $260 million with a European NATO member country. Under the deal, the company will supply the PULS rocket launcher system and accompanying munitions over five years. The…
The dollar strengthened to 3.172 shekels, the euro weakened
Mixed trend in the exchange rates of the major currencies against the shekel: The representative rate of the dollar rose by 0.35% and was set at 3.172 shekels. The representative rate of the euro fell…
"For a company our size, it's not worth being public": The entrepreneur who is selling a business she founded 30 years ago
Monica Yanko founded the billing solutions provider Mind CTI in Yokneam, listed it on Nasdaq in 2000, and is now selling it for $25 million: "The current crisis in the telecom market is not one-time,…
Blocking the Intelligence: The Airline That Will Not Allow Automated Agents to Book Flights
According to The Wall Street Journal, United Airlines announced it will prevent personal AI assistants from entering its systems and making bookings on behalf of customers • The reason: concerns over privacy violations, unintended purchases,…
Nvidia faces $470 billion two-day wipeout, $1.7 trillion in market cap erased amid honeypot scandal
The company has lost a total of $1.8 trillion, or 32% of its share price across the 24-trading-day sell-off, which predated the fallout of the Huang affair
S&P keeps Israel's A credit rating, stable outlook unchanged
S&P Global Ratings left Israel’s sovereign credit rating unchanged at A with a stable outlook after its scheduled semiannual review on Friday, Calcalist reported on Saturday. An S&P spokesperson told Calcalist that the agency did…
AI Has Become a Friend to Youth: Alarming Data Revealed in New Survey
A survey by the Ministry of National Security reveals that 90% of youth use artificial intelligence, 39% rely on it for personal consultation, and 60% do not verify the reliability of the answers. 69% have…
Production costs in Iran have climbed drastically, and inflation in the production sector is now running ahead of consumer inflation.
Iranian MP Mohsen Zanganeh pointed to reports showing the trend and tied it to "economic pressures caused by the war" over the past year. He
If the Republicans lost, it's Israel's fault
Ties with Israel and the war against Iran pushed Trump voters toward the Democrats, Vance says after the midterm election defeat. JD Vance, US Vice President, identified the war with Iran and American policy toward…
How elections and the risk of war with Iran will affect the economy – S&P report
The international rating agency S&P (Standard & Poor's) has published a special analytical review of the Israeli economy, dedicated to assessing current geopolitical risks and the results of the parliamentary elections. This was reported by…
"Irreplaceable": Wall Street executives stand by NVIDIA CEO
While NVIDIA's board examines the affair surrounding CEO Jensen Huang and his connection to a woman suspected of ties with Chinese intelligence agents, two senior figures stand by his side • They join President Trump,…
The International Bank presents a net profit of 508 million shekels in the third quarter of the year
The International Bank publishes this morning (Wednesday) its financial reports for the third quarter of 2026, and presents a net profit of 508 million shekels.
Teva CEO: "The future looks especially promising; we are also looking at larger acquisitions"
Teva raises its revenue target for innovative drugs to $6-7 billion by 2030, and shows growth in cash flow and product pipeline • Despite being among the highest growth in the industry, the company's stock…
"The Work Begins Now": Shai Schnitzer Elected President of the Diamond Exchange
The 47-year-old diamond dealer, who also serves as Honorary Consul of Lithuania in Israel, was elected to the position in elections held today • In his speech, he addressed the crisis in the industry and…
AI threat detection cycle must move at insane lightspeed 15 minute clip, top cyber experts say
AI is accelerating cyberattacks beyond traditional defenses, forcing cybersecurity teams to detect threats within 15 minutes to prevent catastrophic damage, Trellix's CTO warned at Cyber Week
The midterms won’t change Trump’s commitment to Israel
The results of America’s midterm elections have sent a powerful political message. Democrats have made significant gains, Republicans have suffered setbacks, and what many describe as a blue wave has challenged traditional Republican strongholds, including…
Espionage, Secret Affair, and Chips: The Scandal Rocking the US and China
A New York Times report links an alleged intimate relationship of Nvidia's CEO to suspicions of espionage for China. Beijing vehemently denies the claims, and the affair raises questions about the security of sensitive information…
Popular bank delights Israelis with new service
One of Israel's largest banks, Discount, announced the launch of a new service that marked a radical shift in the country's banking sector's attitude toward digital assets. Starting November 26, the credit institution's customers will…
Between Starlink and the US Army: The Challenges Shaking Gilat
The veteran satellite communications company's stock plummeted about 17% this week after a sharp cut in revenue forecasts, amid delays in satellite launches and competition from Starlink. In contrast, revenue from defense operations surged more…
A new bank is coming to Israel - will customers benefit?
A new digital banking venture is on its way to Israel: the international fintech giant 'Revolut' received approval to establish a bank in the country. How will this affect us? Watch.
Can Eyal Ravid Really Take Over Carrefour?
Eyal Ravid, owner of Victory, is interested in purchasing 30% of the shares of the company operating Carrefour in Israel, as part of a planned offering. The move is attracting additional interested parties who wish…
CEO of Menerba Real Estate: "Will my children be able to afford to live in Tel Aviv?"
Ori Arison in a lecture at the Israel Hayom Conference in New York: "The Israeli Paradox," three things that shouldn't work but do • According to him, 73% of the buildings in Kibbutz Manara were…
AI accelerates global cybersecurity crisis, Check Point CTO warns at TAU Cyber Week - interview
Check Point CTO Jonathan Zanger warns that outdated software and AI-powered cyberattacks are leaving much of the internet vulnerable as hackers exploit security flaws faster than ever
El Al reports record third-quarter revenue despite rise in input costs
Israel’s El Al Airlines on Thursday reported record third-quarter revenue of some $1.27 billion. The figure accompanied the airliner’s announcement of a dividend distribution of approximately $116 million and the company’s inclusion in the TA-35…
Volt Faces Closure Risk in Israel: The Unusual Demand from the Government Body
The National Road Safety Authority is demanding a criminal investigation against Volt and the company's CEO in Israel, alleging serious safety violations. The complaint reveals data on thousands of couriers and the unusual demand that…
Post-War Economy: Tax Hikes or Civilian Spending Cuts
The massive military upheavals of recent years have presented the Israeli financial system with a colossal bill that the country will have to pay off over a long period of time. Analysts at The Wall…
Barzani Went Public: Raised One Billion Shekels – and a Third of the Money Will Be Distributed to the Owners
The Jerusalem infrastructure company was issued at a valuation of 3.25 billion shekels after the money, and received demand from about 90 institutional investors. Alongside plans to expand operations, the company intends to distribute about…
Bank of Israel Grants Temporary License to Revolut Group to Establish a Bank in Israel
The Bank of Israel has granted the global Revolut Group a temporary banking license to establish "Revolut Bank Israel," as part of the move to open the banking market to competition. The license was granted…
Everyone Wants a Bite of the Trillion Shekel Market: The New Player Entering the Pension Savings Market
Hachshara Insurance, controlled by Eli Elazar, will request a permit from the Capital Market Authority in the coming days to open operations in the field of pension fund management. This joins Ayalon, which already entered…
Cyber Official Benny Meir: "The Chinese Are Already Collecting Data in Israel"
Modelyo founder at the Israel Hayom conference in New York: Israel is lagging in artificial intelligence and dependent on foreign cloud providers • According to him, on October 7, more than 200,000 bots worldwide spread…
Israel risks losing national sovereignty to foreign firms without AI strategy, top official warns
Israel's AI Chief Erez Askal said Israel must dash forward to develop its own AI capabilities and data centers to support those capabilities, so that it retains its independence
Israir in talks to acquire rival Arkia
Israeli carrier Israir announced on Wednesday that it is examining a potential acquisition and merger with rival Israeli airline Arkia. The move, which would combine Israel’s second- and third-largest airlines, comes as Arkia faces severe…
