Globes English | Israel Business Arena
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Business news and analysis from Israeli financial daily Globes, covering the economy, finance, information technology, healthcare, defense, real estate, and more, updated throughout Israel's working week. Full market data: stocks, currencies, etc.
Globes English | Israel Business Arena
1d ago
The Israel Defense Forces has ordered thousands of drones from two Chinese companies for its land forces, sources inform "Globes ..read more
Globes English | Israel Business Arena
1d ago
Bank Hapoalim chief strategist Modi Shafrir: The geopolitical picture continues to weigh on the Israeli currency ..read more
Globes English | Israel Business Arena
2d ago
The company reported non-GAAP earnings per share of $2.04, up 13% from the corresponding quarter of 2023 and revenue of $598.8 million, up 6% from the corresponding quarter ..read more
Globes English | Israel Business Arena
2d ago
Nvidia has struck a deal to acquire Deci AI, which has developed technology to compress generative AI language models, "The Information" reports ..read more
Globes English | Israel Business Arena
2d ago
The Israeli company's share price fell earlier this week after its US rival Enphase published its financial results showing a slower than expected recovery in the industry ..read more
Globes English | Israel Business Arena
2d ago
Eni will receive a 37.3% stake in Ithaca, in a stock deal for its North Sea oil and gas assets, while Delek will reduce its stake from 90% to 52.7 ..read more
Globes English | Israel Business Arena
2d ago
No financial details about the acquisition have been disclosed but estimates are that Nvidia is paying $680-$720 million for the Tel Aviv-based company ..read more
Globes English | Israel Business Arena
2d ago
"Globes" looks at Rad Group, whose founders Yehuda and Zohar Zisapel, both died over the past year, and which must now move on without two of the founding fathers of Israeli high-tech ..read more
Globes English | Israel Business Arena
3d ago
Having passed the House of Representatives on Saturday, the bill now goes to President Biden for signature ..read more
Globes English | Israel Business Arena
6d ago
The Tel Aviv based company had revenue of $78 million in 2023 and a net loss of $79.3 million ..read more