Stock market
Shein lost $99 million. Its recovery plan will cost you dearly
The fashion giant reported a transition to a $99 million loss and a sharp drop in profitability in its IPO prospectus, driven by customs levies and growing competition.
Mobileye stock plummets following Amnon Shashua’s departure
Israel on track to record year in public deals with 30 IPOs, $4.1 billion raised, report reveals
The US is winning the war of attrition against Iran - opinion
Despite a decline in apartment sales – BST enters the stock exchange with a dramatic move
The BST construction group published a prospectus for an initial public offering on the stock exchange, with the intention of raising NIS 350 million at a valuation of up to NIS 3 billion.
BST Group completed IPO at a valuation of NIS 3 billion
The BST real estate group, controlled by the Tannous family, completed an initial public offering in Tel Aviv.
Fox jumps to streaming market, acquires Roku in $22 billion deal that will combine both companies
"The transaction combines FOX’s leading sports, news, and entertainment content and the Tubi service, with Roku’s leading connected TV platform," Fox Corporation said in a statement.
SpaceX's smooth debut, Elon Musk's road to trillionaire, set new template for mega IPOs
SpaceX's record-breaking debut on Friday dwarfed the previous largest flotation on US exchanges by nearly three times.
Elon Musk set to become world's first trillionaire with SpaceX IPO worth $1.77 trillion
An additional 83.33 million shares would be available to purchase at the fixed rate after the first IPO by the initial investors, while Musk would keep 82% voting control in the company.
Stocks shake off Iran jitters as AI pushes market up, even amid oil climbs and Hormuz crisis
The MSCI All-World index was up 0.13% to trade around record highs, as markets from Tokyo to Seoul traded at or near all-time peaks, underpinned by avid demand for anything AI-related.
Elbit Systems secures $1.4b. European defense contract as backlog passes $30b.
The multi-domain package includes autonomous unmanned vehicles, ground-based electronic warfare solutions, precision-guided artillery, and advanced reconnaissance systems.
Former finance minister Kahlon to admit offense in UnetCredit collapse case
Moshe Kahlon is set to admit he failed to properly report serious UnetCredit financial irregularities while serving as company chairman.
S&P 500 closes at fresh record, recovering all losses since start of US-Iran war
The S&P settled at 7,022.95, up 0.8%, LSEG data showed, surpassing its previous closing high in January. It also hit a new intraday record of 7,026.24.
Global markets rally, oil drops below $100 after US-Iran ceasefire
The main oil barrel indexes show a 15% average fall, while most markets worldwide, especially Asian markets, are opening up during early trading hours.
