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15 sources · Updated 3m ago
Economy·4m ago

Dollar Pulls Back After Fed-Driven Rally, Still Above 2.93 Shekels

The dollar retreated after Wednesday’s Fed-fueled jump, trading above 2.93 shekels while the euro also weakened in Israel. Markets remain focused on a hawkish Fed outlook, with U.S. bond yields and the dollar index rising on expectations of possible rate hikes.

Calcalist
Economy·58m ago

Noga Chair Says Israel Will Raise Up to NIS 2 Billion to Fund Emergency Fuel Reserves

Noga chairman Tal Baxes said Israel’s electricity grid held up through the war with Iran, even after gas platforms and energy sites were shut or targeted. He said Noga will raise NIS 1.5 billion to NIS 2 billion for emergency fuel reserves, while also preparing for soaring demand and a permanent CEO appointment.

Calcalist
Economy·59m ago

Japanese Banks Rise as Chinese Financial Shares Fall in Mixed Asian Trading

Asian stock markets were mixed after Wall Street fell and U.S. bond yields jumped following the Fed's rate decision and Kevin Warsh's first press conference. Japanese banks and chipmakers rose, while Chinese financial and property shares fell in Hong Kong. SK Hynix climbed to a record after starting deliveries of HBM4E samples.

Calcalist
Economy·1h ago

Competition Authority Presses Censure of Shufersal Tie-Up in Cal Sale

Israel’s Competition Authority is close to deciding on the 3.9 billion shekel sale of Cal to George Horesh’s Union and Harel Insurance. The key issue is whether Cal must drop its Shufersal customer club, a move the buyers oppose and may challenge in court. The decision is expected within two weeks.

Calcalist
Economy·1h ago

Israeli Food Companies Quietly Profit From Sales Into Gaza

Israeli food companies are making large sales into Gaza after the ceasefire opened the way for hundreds of truckloads a day. Victory disclosed about 100 million shekels in one month, Mehadrin reported about 60 million shekels in first-quarter Gaza sales, and authorities are tightening controls amid smuggling attempts and Hamas concerns.

Calcalist
Economy·1h ago

Fast Lanes on Route 20 and the Coastal Highway Struggle to Gain Traction

Fast lanes on Route 20 and the Coastal Highway opened two months ago but are carrying only 6,500 shuttle passengers a day, far below their potential. A transport expert says tolling is needed to manage congestion, while Ayalon Highways says the project is already changing travel habits and will expand in stages toward 2027.

Calcalist
Economy·1h ago

At 27, he says he has nearly doubled his money in four years by buying tech stocks

Ofek Halperin, a 27-year-old from Kiryat Ono, says he has nearly doubled his money in four years through a tech-heavy stock portfolio. He learned after selling during the 2020 COVID crash that he should not sell in a falling market. He now keeps almost all of his savings in equities, mainly technology, defense, chips and a small crypto allocation.

Globes
Economy·1h ago

Qualcomm’s AI and auto push is reviving investor interest

Qualcomm has rallied after revealing a large data center customer, but the market still values it mainly as a cheap, underappreciated smartphone chip company. Apple’s looming exit is a major risk, while cars, IoT, PCs and data center AI chips could become new growth engines.

Globes
Sports·1h ago

Ronaldo’s Complaint to Diogo Costa Sparks Debate After Portugal Concedes

Portugal drew 1-1 with the Democratic Republic of Congo in its World Cup opener on Wednesday night. Cristiano Ronaldo drew criticism for a poor 90-minute display and was filmed arguing with goalkeeper Diogo Costa after Portugal conceded. Additional footage suggested Ronaldo blamed Costa for not coming out for the cross that led to the goal.

Mako·+1 outlet · 100% center
Economy·1h ago

Israel’s New Land Price Index Shows a 25% Drop Since Rate Hikes Began

Israel’s Central Bureau of Statistics has launched a new annual land price index that will track residential land sold in state tenders and the free market. The index shows land prices have fallen 25% since interest-rate hikes began in 2022, after sharp swings in recent years.

Globes
Politics·1h ago

U.S. and Iran Sign Immediate Ceasefire Memorandum, Officials Say

The United States and Iran signed a digital memorandum of understanding overnight, making it effective immediately. The deal is described as ending the war and includes immediate cessation of military activity, including in Lebanon, with implications for Israel and the Strait of Hormuz.

Globes·+3 outlets · 67% center
Sports·1h ago

Bloomfield Stadium chief doubts Israeli fans will ever clean up like Japanese supporters

Bloomfield Stadium CEO Yaakov Chen said he doubts Israeli fans will ever match Japanese supporters who cleaned a World Cup stand after a 2-2 draw with the Netherlands in Texas. He described the heavy cleanup work required at Bloomfield, said the issue is one of culture and education, and noted the stadium now also hosts shows during the football break.

Kan News
Weather·1h ago

Pleasant, Stable Weekend Weather Expected Across Israel

Israel will see stable, seasonable weather on Thursday and Friday, with comfortable temperatures and no meaningful chance of rain. Winds may strengthen in the afternoon in the mountains and Negev, while the Mediterranean should remain suitable for bathing.

Walla·+3 outlets · 50% center
Sports·2h ago

Ghana’s new star Caleb Yirenchi sets World Cup record with stoppage-time winner

Caleb Yirenchi scored a 95th-minute winner for Ghana against Panama, becoming the youngest player ever to net a World Cup stoppage-time winning goal. The 20-year-old Nordsjaelland midfielder, a Right to Dream academy graduate, is now drawing even more attention from major European clubs.

Mako·+1 outlet · 100% center
Security·2h ago

Ukraine’s AI Drone Interceptors Offer a Lesson for Israel

Ukraine is deploying AI-powered drone interception systems to fight Russian Shahed attacks and reduce its reliance on expensive missiles. President Volodymyr Zelensky is using the technology to seek Western support and defense deals, while warning it could soon spread globally to criminals and terrorists.

Now 14
Sports·2h ago

Ghana Stuns Panama With 95th-Minute Winner in Toronto

Ghana defeated Panama 1-0 in Toronto at the 2026 World Cup, with Caleb Yirchi scoring in the 95th minute. Panama, boosted by strong performances from Orlando Mosquera and Christian Martinez, controlled much of the first half but missed a historic point.

N12·+2 outlets · 100% center
Tech·2h ago

Bilingual brains may use one shared grammar engine, study finds

A study published in JNeurosci found that bilingual brains appear to use one shared grammar system for both languages. Researchers testing 23 Spanish-English speakers saw nearly identical brain activity for real and invented words, and experts now want to know whether the same holds for more different language pairs.

Now 14
Politics·3h ago

Obama Says His New Political Role Is to Mentor the Next Generation

Barack Obama said in a rare ABC interview that his new role is to mentor future leaders, not stay in the political spotlight. He linked that vision to his new $850 million presidential center in Chicago and said Michelle Obama still sees hope and change as central themes.

Now 14
Economy·3h ago

Apple Warns iPhone Prices May Rise as Memory Chip Costs Surge

Apple CEO Tim Cook said the company may need to raise iPhone prices because memory and storage chip costs have surged due to AI demand. He warned of a major supply crunch, said Apple may support suppliers with cash, and suggested export rules to China should be reconsidered.

Now 14
General·3h ago

13 Injured in Apartment Fire in Netanya

A fire in a residential building on McDonald Street in Netanya injured 13 people. A woman and her two children were moderately hurt, while 10 others were lightly injured and taken to hospital.

Kikar HaShabbat·+2 outlets · 67% right-leaning
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Original
Economy02:52 · 1h ago

At 27, he says he has nearly doubled his money in four years by buying tech stocks

Translated & summarized from Globes by baba
The story · English

Ofek Halperin, 27, from Kiryat Ono, says he has turned nearly all of his savings into an aggressive stock portfolio and is up almost 100% in four years. He works as a spokesperson for the IT group Aman, previously headed youth staff for Kfar Saba mayor Rafi Sa’ar, and later worked on campaigns for Benny Gantz and Avigdor Liberman.

Halperin says his interest in markets began before military service, when he already had a provident fund, but the 2020 coronavirus crash changed his approach. He says the drop showed him that he was trusting strangers with his money, and after he panicked and sold at the lows, he learned a painful lesson: "I should have left it." His main rule now is, "Do not sell when it is red. Never sell when it is red."

Today, he says he is fully invested in stocks, with 100% of his portfolio in technology-related names. He holds about 25% in the S&P 500 and a 3x leveraged S&P fund, along with defense stocks such as Lockheed Martin and Elbit, chip names including Intel and the 3x leveraged SOXL fund, plus positions in data center and quantum computing companies. Microsoft, Nvidia and Meta make up about 10% of the portfolio, while only 2% is in crypto, split evenly between Bitcoin and Ethereum.

He says he reads financial news daily, uses Telegram for the fastest updates, and prefers single stocks over indexes. He also says he is buying in stages because valuations are high, with several tens of thousands of shekels waiting to re-enter the market, split between cash and a money-market fund. He does not expect to live off investing, but hopes the money will eventually become a down payment for a first apartment and later another property.

Read the original at Globes