Business & Finance
שקל דולר ואירו
Dollar rebounds as shekel rally loses steam
US currency climbs to about 2.89 shekels after the Bank of Israel governor signaled a possible rate cut, with Hezbollah fighting and Tel Aviv stock losses adding pressure
Sharon Kidon | 13:32 | 06.04.26
The Tel Aviv Stock Exchange
Tel Aviv stocks lose steam as investors question rally behind TA-125 gains
Analysts point to stretched valuations, security concerns and a wave of share offerings, while the TA-125 remains up 16.4% this year despite losing 3.7% in early June
Almog Azar, Calcalist | 10:05 | 06.04.26
וול סטריט
AI giants race toward IPOs at trillion-dollar valuations amid bubble fears
Companies including SpaceX, Anthropic and OpenAI are seeking fresh capital as AI development costs soar, with some losing billions while public giants like Google, Meta and Microsoft expand their own AI bets
Associated Press | 07:55 | 06.04.26
דולרים ושקלים
'Not a single dollar left': demand for foreign currency soars after Bank of Israel rate-cut signal
Currency exchange operators report a surge in Israelis buying foreign currency, driven first by favorable exchange rates ahead of summer travel and more recently by central bank chief’s signal another interest rate cut may be near
Gad Lior | 15:47 | 06.03.26
Shifters technology
Shifters raises $10.2 million to put AI-powered robots on the front lines
Ace Capital Partners-led Seed round brings company’s total funding to $15 million and will support AI development, manufacturing preparations and expansion in the US, Europe and the Middle East
ynet Global | 14:43 | 06.03.26
Leumi
Bank Leumi tops AI adoption in Israel, ranks among MEA’s top 10 banks
Leumi recognized for innovation and efficiency in Evident AI Index, leading Israeli banks in AI-driven transformation and customer-focused tools
ynet Global | 09:17 | 06.03.26
זוהראן ממדאני, מוצרי אקו לאב
Israeli shampoo brand becomes an unlikely target in Brooklyn co-op’s growing Israel boycott
After Park Slope Food Coop voted to remove Israeli-made goods, ECO LOVE owner Sharona Romano-Lazar says one of her strongest New York retailers has stopped buying from her distributor and fears the move could spread to other stores and chains
Anat Lev Adler | 07:33 | 06.03.26
אלון מאסק ושיגור של ספייס X
SpaceX plans record $75 billion IPO at $135 per share, source says
The offering would value Musk’s company at $1.75 trillion, with up to 30% of shares earmarked for retail investors; proceeds are expected to fund AI computing expansion and Starlink growth, while Musk must hold his shares for at least a year
Reuters | 04:38 | 06.03.26
בינה מלאכותית
Crisis or opportunity? What the 2026 technology job market is really telling us
Israel’s tech job market is reshaping, not shrinking, as AI, data and global hiring redefine demand, salaries and the skills workers need to compete in one of the sector’s biggest shifts in a decade
Sarit Assulin | 23:56 | 06.02.26
משרדי חברת בוש בגרמניה
Bosch shuts down Israel AI research centers as part of global restructuring
German tech giant to close Tel Aviv and Haifa sites by end-June, saying the move is strategic and not political
Israel Wullman | 22:31 | 06.02.26
Cyera founders
Cyera raises $300 million at $12B valuation in latest mega-round
Israeli cybersecurity startup’s AI-driven data security platform fuels one of the country’s fastest valuation climbs
Meir Orbach, Calcalist | 21:24 | 06.02.26
Tax Authority Director Shay Aharonovich
Tax Authority to use AI to review all tax reports, chief says
Tax chief says agency will shift from scanning 4% of filings to 100%, using artificial intelligence to boost enforcement and revenue without new taxes on the middle class
Shlomo Teitelbaum/Calcalist | 19:09 | 06.02.26
ויקטוריה סיקרט
Victoria’s Secret bet on sexy again, and Wall Street sent its shares soaring 50%
Victoria’s Secret raised its annual outlook after stronger sales across its brands, sending shares sharply higher as its return to a sexier image begins to pay off
Reuters | 18:10 | 06.02.26
Gal Rimon, founder and CEO of Centrical
Centrical raises $39M to expand AI frontline performance platform
The Series D round, led by Leeds Illuminate and Kingfisher Investment, will support Centrical’s global growth and AI tools for coaching, training and managing frontline workers
ynet Global | 15:04 | 06.02.26
חבילות מחו"ל
That package you ordered from abroad just got more expensive: VAT exemption back to $75
The Knesset cancelled the $130 VAT exemption last night, bringing Israel’s $75 limit back; Overseas packages above that amount will now face 18% VAT at customs.
Gad Lior | 11:24 | 06.02.26
סנברג
Jewish fintech entrepreneur who defrauded celebrities, NBA team gets 14-year prison sentence
Joseph Sanberg, who for years portrayed himself as a philanthropist and social activist, has been convicted of massive fraud totaling $248M and received significant sentence for white-collar crimes; among those he defrauded were Leonardo DiCaprio, Robert Downey Jr., and Drake
Daniel Edelson, New York | 10:32 | 06.02.26
זוהר הלחמי, אסף מונסה ויניב בנבנישתי
Motorola Solutions acquires Israeli drone defense startup D-Fend for $1.5 billion
Israeli counter-drone startup’s RF-based technology lets security agencies seize and land hostile drones, delivering a major payday for founders and investors as global demand for drone defense surges
Sophie Shulman, Calcalist | 03:22 | 06.02.26
קלוד
Anthropic files confidentially for IPO, setting stage for landmark AI stock market debut
Anthropic, the AI company behind Claude, has confidentially filed for an IPO after reaching a $900 billion valuation, positioning itself among the most closely watched potential public offerings in the technology sector
News Agencies | 19:22 | 06.01.26
From right, Ambassador of Japan, Arai Yusuke; Ambassador of Singapore, Ian Mak; Karin Mayer Rubinstein, CEO and President of the Israel Advanced Technology Industries Association (IATI); Ambassador of South Korea, Park Inho
Israeli tech leaders meet ambassadors, diplomats to strengthen global investment link
IATI’s first diplomat-investor forum brought Israeli venture capital leaders and foreign envoys together to strengthen global ties and investor confidence in Israeli tech
ynet Global | 17:32 | 06.01.26
משמאל למעלה, בכיוון השעון: מטא, מיקרוסופט, וויקס, סנטינל וואן
The AI layoff tsunami: Israeli tech races to survive, workers pay the price
Tech giants say AI has made parts of their workforce unnecessary, but the deeper story is corporate fear of falling behind, huge AI spending and pressure to keep showing investors profits while cutting jobs
Tal Shahaf | 07:47 | 06.01.26
תחנת דלק בתל אביב
Starting at midnight: gas prices to drop sharply
Price of 95-octane gasoline drops to 7.80 shekels per liter after a stronger shekel and lower global fuel prices, Energy Ministry says
Gad Lior | 11:47 | 05.31.26
אילוסטרציה
High-tech brain drain grows as thousands of developers leave Israel
Innovation Authority report shows record exports, exits and fundraising, but warns that management, R&D activity and capital are increasingly moving abroad
Israel Wullman | 11:03 | 05.31.26
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Foreign workers reshape Israel’s post-October 7 labor market
From supermarkets and garages to construction sites and hotels, 240,000 foreign workers are filling gaps left by Palestinian laborers and Israelis no longer drawn to physical jobs
Navit Zomer, Iris Lifshitz-Klieger | 08:56 | 05.31.26
שרי חוץ בריקס BRICS ניו דלהי הודו איראן איחוד האמירויות עראקצ'י
South Africa courts Gulf money while its Iran ties unsettle investors
Pretoria is courting Saudi, Emirati, and Qatari money to revive a stalling economy, even as its alignment with Iran, Russia, and China rattles the investors and trade partners it cannot afford to lose  
Waseem Abu Mahadi/The Media Line | 04:32 | 05.30.26
IBM מחשב קוונטי
IBM to invest $10 billion in race to build first large-scale quantum computer
Tech giant says funding will support R&D, manufacturing, partnerships and acquisitions as US pushes to secure quantum edge over China
Calcalist | 23:50 | 05.29.26
אלון מאסק ושיגור של ספייס X
Report: SpaceX cuts target valuation for historic IPO to $1.8 trillion
SpaceX could raise up to $75 billion, begin marketing next week and list under SPCX, while its revenue rose to $18.7 billion even as it swung to a $4.94 billion loss
Calcalist | 21:24 | 05.29.26
אחד מאבות הטיפוס של השטר
Insatiable personality cult: Trump administration pushes bill bearing his face
After plans for passports bearing his portrait, Trump appointees at the Treasury Department have reportedly pressed officials to prepare prototypes for a $250 bill with the president’s face, despite warnings that the move would violate federal law and normal procedure
Tzippy Shmilovitz | 19:16 | 05.28.26
AI and tokens
AI’s hidden bill comes due as companies question whether more tokens mean better products
As Uber and Microsoft reassess heavy AI use, rising token bills are forcing tech companies to ask whether agentic tools are delivering enough value to justify their cost
Dennis Bihler | 19:02 | 05.28.26
טיל ספייק
Rafael profit rises 23% as backlog hits $24 billion and Defense Ministry debt swells
Rafael’s first-quarter reports show growth across key metrics, with net profit up 23% and orders up 28%; CEO Yoav Turgeman says the Defense Ministry’s debt to the company has climbed to nearly 7 billion shekels, calling delayed payment ‘not a badge of honor for Israel’
Navit Zomer | 17:45 | 05.28.26
הרמס 900
Elbit’s strong results reveal a battlefield technology shift the market has yet to price in
Elbit reported $2.19 billion in revenue and 15.5% growth in the first quarter of 2026, but its free cash flow and record $30.2 billion backlog may be the real story, pointing to a company positioned at the center of the autonomous warfare revolution
Nir Maymon‏ | 17:16 | 05.28.26
אמדוקס
Amdocs is preparing for a wave of layoffs, hundreds of them in Israel
The move is part of a broad reorganization the company is currently working on; According to estimates, the layoffs will affect 7% to 10% of the company’s workforce in Israel and worldwide; Amdocs employs 29,000 people worldwide, and about 5,000 in Israel
Meir Orbach/Calcalist | 15:58 | 05.28.26
מטה וויקס Wix תל אביב
‘We had no choice’: Wix CEO confirms mass layoffs
Avishai Abrahami says Wix had no choice but to cut 1,000 jobs, about 20% of its workforce, citing dollar-shekel pressure, AI restructuring and the need to flatten management
Israel Wullman | 12:44 | 05.28.26
BIRD Foundation
Israel-US BIRD Foundation approves $7.5M in grants for new joint tech projects
Seven approved partnerships will develop technologies including AI-powered smart spraying, critical-infrastructure cybersecurity, prenatal genetic testing, tumor screening for pets and cell therapy for progressive multiple sclerosis
ynet Global | 11:21 | 05.28.26
Tax Authority to preapprove every invoice over NIS 5,000
Invoices reform expands June 1 in crackdown on fictitious invoices; what businesses must do, what happens if approval is denied and who is affected
Gad Lior | 09:43 | 05.28.26
גל פיטורים
Hit by the tech layoff wave? Avoid these unemployment mistakes
Workers used to high salaries may find unemployment benefits far lower than expected, with caps, age-based limits, waiting periods and deductions shaping how much money actually reaches their bank account
Gad Lior | 07:58 | 05.28.26
From right: Rotem Abeles, Amos Lahav and Noam Friedman
Airis Labs exits stealth with $60M to turn field video into defense intelligence
AI defense startup will use the funding to expand US operations, grow its team and develop a platform that helps governments turn unstructured video and imagery into searchable intelligence
ynet Global | 21:59 | 05.27.26
Stratasys CEO Yoav Zeif
Israeli 3D printing giant Stratasys snaps up MarkForged
Firm, dual-headquartered in Rehovot and Minnesota, says $42.5M deal will boost carbon-fiber printing, secure software and aerospace-defense manufacturing
ynet Global | 21:17 | 05.27.26
פייפאל
PayPal to lay off dozens at Tel Aviv R&D center amid global cuts
Israel hub employs 200-250 people and develops key AI, cyber and risk systems; PayPal says Israel remains an important market and it will keep investing here in coming years
Meir Orbach/Calcalist | 19:11 | 05.27.26
Elbit
Elbit’s FUSE buys Bluewhite to expand ground robotics and autonomy portfolio
Tel Aviv-based Bluewhite develops AI-powered off-road autonomy systems that can turn conventional vehicles into autonomous fleets for agriculture, defense and homeland security missions
ynet Global | 12:17 | 05.27.26
Ezra Gardner
At 28, he managed $30 Billion on Wall Street; Now he’s connecting Israeli tech to US markets
After becoming one of the youngest desk heads in UBS history, Ezra Gardner expanded his focus toward Israeli technology companies and their growing ties to American capital markets 
ynet Global | 10:14 | 05.27.26
BioProtect CEO Itay Barnea
Japanese medtech giant buys Israeli maker of prostate cancer protection device in $270M deal
Olympus will buy the Netanya-based maker of a biodegradable balloon implant that protects healthy tissue during prostate cancer radiation therapy, with operations expected to remain in Israel
Meir Orbach/ Calcalist | 07:58 | 05.27.26
מגדלים בתל אביב
Tech puts Tel Aviv in global innovation league, but infrastructure may hold it back
JLL report places Israel’s nonstop city alongside Austin, Berlin and Seattle as a rising global tech hub, but warns the next phase of competition will depend on premium offices, transit, housing and urban infrastructure
Hila Tsion | 07:43 | 05.27.26
דולרים ושקלים
Rate cut, war easing — so why is the dollar still sinking?
Dollar falls below 2.86 shekels as traders bet the Bank of Israel will avoid intervention, lowering import costs and likely bringing relief at the pump
Gad Lior | 22:45 | 05.26.26
Ocean Security
Ocean Security raises $28M to reinvent email defense with AI agents
Lightspeed-led round, backed by Wiz’s Assaf Rappaport and Armis founders, will help Israeli-funded startup expand AI agents that detect phishing and social engineering attacks
Tal Shahaf | 20:57 | 05.26.26
Donald Trump
High prices, empty hotels: US fears World Cup sticker shock will deter fans
Hospitality industry expected record occupancy, raised prices and banked on billions in tourism, but soaring ticket prices, less attractive teams and Trump-era politics have left rooms empty as fans seek cheaper motels and Airbnbs outside cities
Tzippy Shmilovitz, New York | 17:38 | 05.26.26
מימין: ג'ונתן אנדיק איזק אנדיק
Mango founder’s son temporarily steps down amid murder probe into father’s death
Jonathan Andic, son of Mango founder Isak Andic, said he is temporarily stepping down as deputy board chair, a week after his arrest on suspicion of murdering his father, marking a shift by the company and family
News Agencies | 13:54 | 05.26.26
משגר רקטות PULS
Elbit will modernize a European country's military for $1.4 billion
The company announced that it has signed a five-year contract with a European country to supply autonomous unmanned vehicles, ground-based electronic warfare systems, precision-guided munitions for artillery and air-to-ground attacks, and electro-optical marking systems
Navit Zomer | 09:07 | 05.26.26
Dr. Gal Aviv, CEO of BLender
BLender adopts Q2 Symphonix to strengthen cloud-based banking solutions in Israel
BLender Financial Technologies signs cooperation deal with US-based Q2 Software to bring Q2 Symphonix cloud financial platform to Israel, expanding end-to-end banking and payments infrastructure offering for banks, lenders and fintech firms 
ynet Global | 03:41 | 05.26.26
קרן חזון כהן
She bought a tiny Holon company and now it’s worth 8 billion shekels
From a small Holon business to a global empire: Karen Cohen Khazon built Turpaz into an 8 billion shekel flavor and fragrance group operating in 90 countries through an aggressive worldwide acquisition strategy
Navit Zomer | 23:29 | 05.25.26
Employers and Eitan Program Participants Meeting, Be'er Sheva
AI and resilience: how Israelis uprooted by war are rebuilding careers and livelihoods
As war reshapes Israel’s workforce, JDC is using AI-driven career tools, coaching and digital support to help reservists, displaced residents and struggling entrepreneurs find new opportunities and rebuild their futures
ynet Global | 18:21 | 05.25.26
מטה וויקס
Wix to cut 1,000 jobs as weak results, AI shift pressure company
Israeli website-building company plans largest layoffs in its history, cutting about 20% of workforce after stock loses half its value this year; Base44 grows fast but drives marketing, computing and acquisition-related costs
Sophie Shulman/Calcalist | 13:14 | 05.25.26
Henrik Shimony and Omri Shalev
Israeli startup Reeco brings AI to hotels’ forgotten back office
Founded by Henrik Shimony and Omri Shalev, Reeco has raised $30 million to help hotels manage purchasing, inventory, invoices and payments in one platform, replacing spreadsheets and manual workflows with AI-driven automation
ynet Global | 23:01 | 05.24.26
Export
Israeli exports hit all-time record of $165 billion in 2025 despite year of crisis
Services exports crossed $92 billion for the first time, making up 56% of total exports, as officials warn the strong shekel and global uncertainty continue to challenge Israeli companies
ynet Global | 20:57 | 05.24.26
שטרות כסף, אילוסטרציה
‘AI washing’ masks true drivers behind Israeli tech layoffs and hiring freezes
A new 'AI washing' trend emerges in Israeli tech, where companies cite AI for layoffs and hiring freezes while a stronger shekel and weaker dollar drive salaries up 20% in dollar terms, raising costs and accelerating job shifts abroad
Sophie Shulman | 17:48 | 05.24.26
פרופ' אמיר ירון, דולרים
Bank of Israel faces high-stakes rate call as risks pile up
Central bank weighs rate cut despite April inflation spike, Iran war fears and election uncertainty as Israelis rush to buy dollars amid shekel surge
Gad Lior | 08:31 | 05.24.26
'This is the Angel of Death!': man’s social media meltdown over ex proves costly
Family court orders 72-year-old man to pay his estranged partner 55,000 shekels after falsely accusing her on social media of trying to murder him
Ora Zimberg, PaskDin | 13:50 | 05.22.26
עודד שורץ הבעלים ויצרן הגבינות במשק שוורץ
Milking under fire: Israel’s boutique dairies face a bitter Shavuot
Near the Lebanon border, northern dairies face a bleak holiday as war, reserve duty, collapsed tourism and competition from cheap imports slash sales
Yair Kraus | 10:23 | 05.21.26
הנגיד אמיר ירון, מטה בנק ישראל
Shekel shocker may force Bank of Israel to act amid inflation undershoot fears
Swiss investment bank UBS warns a dollar slide toward NIS 2.80 could push inflation below target, as tech flows, Wall Street gains and the Google-Wiz deal fuel shekel surge
Adrian Filut, Calcalist | 09:36 | 05.21.26
ג'נסן הואנג, אנבידיה
Nvidia crushes forecasts as AI boom powers Wall Street rally
Chip giant posts 85% revenue surge, announces $80 billion buyback and lifts its dividend, easing investor fears over China troubles and rising AI competition
Omer Kabir, Calcalist | 08:09 | 05.21.26
Gavriel Cohen and Lazer Cohen
NanoCo launches enterprise AI assistants after 250,000 NanoClaw downloads
Open-source AI agent startup raises $12 million seed round led by Valley Capital Partners, rolling out enterprise assistants
ynet | 08:00 | 05.21.26
Business & Finance
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