Business & Finance
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
מייסד ומנכ"ל OpenAI סם אלטמן
AI boom nears its biggest test with OpenAI IPO
Reported IPO push could make ChatGPT’s maker one of Wall Street’s biggest AI tests, as Sam Altman’s company races toward a possible September debut
Reuters | 20:37 | 05.20.26
Genie Security team
Cyera acquires five-month-old cyber startup Genie Security for $50M
Fresh endpoint data security startup will join Cyera’s data loss prevention group as the $9 billion cybersecurity company expands its AI-driven acquisition push
Sophie Shulman, Calcalist | 20:12 | 05.20.26
REplace team
Moved to Israel with no connections, now his AI startup is tackling renewable energy’s big problem
Argentina-born founder Matias Sigal built REplace in Israel to help investors find viable renewable projects as data centers drive demand for new power infrastructure
ynet | 14:41 | 05.20.26
מטא
Meta layoffs begin in Israel as tech giant cuts 8,000 jobs in global AI shake-up
Meta is shifting 7,000 employees into AI roles while pouring up to $135 billion into infrastructure, but workers warn the push is fueling anxiety, distrust and fears their own jobs could become obsolete
Omer Kabir, Calcalist | 11:31 | 05.20.26
טראמפ במסיבת העיתונאים על התקיפה בונצואלה
Trump’s stock trades spark conflict concerns after Nvidia, Oracle and Boeing buys
Filings show more than 3,700 first-quarter trades worth up to $750 million, while Trump Organization says outside managers control the portfolio and the president has no role in specific investments
Lital Samet/Calcalist | 10:02 | 05.20.26
Moti Cohen, Omer Aviad and Liran Kessel
Viewz bets AI finance needs better plumbing, not another dashboard, for the AI era
Viewz, a finance operations startup, emerged from stealth with $7 million in seed funding led by Ibex Investors and FLINT Capital; The company says its AI-driven platform replaces fragmented finance systems with a unified ledger for accounting, payroll and reporting
ynet | 23:11 | 05.19.26
Axonius CEO Joe Diamond
Axonius tops $200 million by tackling cyber’s basic question: what do companies own?
The cybersecurity firm says AI adoption is driving demand for a unified view of enterprise assets, from cloud systems and software to connected devices and emerging AI tools
ynet Global | 16:13 | 05.19.26
Unframe founders, from right, Co-Founder & VP R&D Adi Azaria; Co-Founder & CEO Shay Levi; COO Larissa Schneider
Unframe raises $50 million after reaching $100 million in contract value
The company said its growth reflects rising demand from major companies seeking to move AI projects from pilot programs into production
ynet Global | 15:38 | 05.19.26
מנכ"ל מטא, מארק צוקרברג
Meta’s 'day of catastrophe' begins tomorrow as thousands face immediate layoffs
Meta is expected to tell about 8,000 employees worldwide they are losing their jobs, as anxious workers begin taking home free office snacks, drinks and phone chargers ahead of the cuts
News Agencies | 10:15 | 05.19.26
מתקני הגזים הטבעיים של קטאר אנרג'י, במרץ
Helium supply shock: Qatar disruptions drive search for new global sources
War with Iran and strikes on Qatar gas facilities have driven a global helium shortage, doubling prices and intensifying search for new sources; Jordan signed a MoU with a UK firm to explore near the Dead Sea
Lior Ben Ari | 04:51 | 05.19.26
מרכז לוגיסטי של טבע בשוהם
Teva regains investment-grade rating from Fitch
Fitch points to expected growth from drugs including Austedo and Ajovy; Teva is still rated below investment grade by S&P Global Ratings, at BB+ with a stable outlook, and by Moody’s, at Ba1 with a positive outlook
ynet Global | 22:13 | 05.18.26
תמונה של פוביה ממעלית
This six-figure job is in constant demand, and AI still can’t replace it
While tech companies cut jobs and many roles face pressure from artificial intelligence and automation, demand for elevator technicians is growing as the industry struggles to recruit enough skilled workers
News Agencies | 13:53 | 05.18.26
מייסדי AI21 Labs, מימין: אמנון שעשוע, אורי גושן ופרופ' יואב שוהם
Amnon Shashua’s AI firm cuts over 60% of staff after sale talks collapse
AI21 is ending standalone model sales and shifting resources to its Maestro platform for AI agent optimization after acquisition talks with Nebius collapsed, though the companies signed a business cooperation deal
Meir Orbach, Calcalist | 12:04 | 05.18.26
סירת מנוע של משמרות המהפכה מתקרבת לספינה במצר הורמוז
Iran war’s $25 billion corporate hit shows how fast oil shocks reach consumers worldwide
At least 279 companies have cited the conflict in defensive moves including price hikes, production cuts, suspended dividends, furloughs, fuel surcharges and requests for emergency government aid
Reuters | 08:16 | 05.18.26
Nvidia
AI market awaits Nvidia earnings as chip giant’s results test the rally’s strength
Nvidia is set to report quarterly earnings this week with investors watching for signs of continued AI chip demand, Big Tech spending, China sales and whether the world’s most valuable company can keep powering Wall Street’s rally
Dennis Bihler | 07:56 | 05.18.26
אצטדיון מטלייף
World's biggest sporting event: The 2026 World Cup has become a $41 billion growth engine
The international soccer tournament opening next month in the US, Canada and Mexico will be the largest sporting event in history; With 48 teams representing 62% of global GDP, it is expected to spark a digital revolution and break internet consumption records
Gad Lior | 04:19 | 05.18.26
Stella Cohen and Raanan Agus
DAVID GROUP launches Israel-focused private equity fund
Stella Cohen and former Goldman Sachs partner Raanan Agus launch Herzliya-based fund targeting mature Israeli and Israel-linked companies in non-tech sectors
ynet Global | 14:55 | 05.17.26
פיצוץ חריג בבית שמש
Beit Shemesh mystery blast: what to know about the defense company behind it
A loud explosion and large fireball alarmed locals, but defense company Tomer says it was a planned test, emergency forces were notified in advance and distant videos exaggerated the blast
Navit Zomer, Gilad Cohen | 14:34 | 05.17.26
תל אביב
SkyBeam Venture Partners launches platform for Israel’s next tech leaders
Early-stage $250m fund will back Israeli venture managers and startups in AI infrastructure, cybersecurity, quantum computing and other deep-tech sectors
ynet Global | 14:53 | 05.15.26
אינפלציה עליית מחירים
Israel's inflation flares in April as gas prices hit households
Consumer prices jumped on higher gas costs, but annual inflation remains within target as markets expect a Bank of Israel rate cut
Gad Lior, Hila Tsion | 14:17 | 05.15.26
Bank Hapoalim Corporate Division head Shmulik Arbel
Dalia secures NIS 5.7b for major new power plant
The 850-megawatt Eshkol Avshal project, named for Oct. 7 victim Avshalom Haran and backed by Bank Hapoalim and Siemens technology, is set to boost Israel’s energy capacity by 2029
ynet Global | 10:00 | 05.15.26
Eyal Kitches and Yonatan Gissler
‘No one is waiting for you in Greece’: Israeli restaurateurs face a tougher dream abroad
Despite a growing wave of Israelis relocating to Greece, few restaurant owners have opened businesses there, and those who have remain cautious; ‘I don’t regret it, but I wouldn’t do it again,’ says restaurateur Eyal Kitches, while Uri Eshet warns: ‘A property abroad is not an insurance policy’
Hilik Gurfinkel | 20:39 | 05.14.26
The Novella team
Shooting for the stars: Novella raises $21M to expand AI insurance brokerage for complex risks
New York startup, with half its staff in Tel Aviv, will use the funding to develop AI underwriting tools, hire brokers and open more US offices
ynet Global | 16:00 | 05.14.26
טיל חץ של תע"א, טיל ספייק מתוצרת רפאל
Despite Eurovision boycott, Finland hosts massive Israeli defense industry delegation
Finnish military officials presented procurement plans as 32 Israeli companies, including Elbit, Rafael and seven startups, sought new deals and deeper cooperation
Navit Zomer | 12:31 | 05.14.26
Cisco Systems
Cisco cuts 4,000 jobs, with Israel layoffs expected
Tech giant is restructuring to shift resources toward AI infrastructure, silicon, optics and security; its 800-employee Israel operation could lose 30 to 40 workers
News agencies, Israel Wullman | 11:34 | 05.14.26
Business & Finance
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