Economy · Full coverage
Palo Alto Networks Joins Tel Aviv 35 and 125 Indices with 5% Weight from August 2026
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
First reported by Globes · Jul 2, 2026
What happened
Palo Alto Networks will join the Tel Aviv 35 and 125 indices with a 5% weight starting August 6, 2026, gradually increasing its presence. The move follows index rules limiting foreign stock weights, with adjustments also made to Ormat's weight. Palo Alto's market cap is $287 billion, and it began trading in Tel Aviv in February 2024.
- 01Palo Alto Networks joins TA-35 and TA-125 indices with a 5% maximum weight from August 2026.
- 02Combined foreign stock weight per country in indices capped at 8%, affecting Palo Alto and Ormat.
- 03Ormat's weight cap reduced from 4% to 3%, currently at about 2.7%.
- 04Palo Alto's weight in indices will increase gradually over three quarterly updates.
- 05Palo Alto's market cap is $287 billion, valued at 861 billion shekels in Tel Aviv.
- 06The company was founded by Israeli entrepreneur Nir Zuk and began trading locally in February 2024.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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