Investment

Joe Lewis, whose family trust owns English Soccer club Tottenham Hotspur, has been pardoned by Trump after pleading guilty to insider trading in 2024.

The firm is advancing a 64-megawatt project in Afula and pursuing additional land acquisitions that could bring total planned bitcoin mining capacity to around 300 megawatts. 

A son can bear with equanimity the loss of his father, but the loss of his inheritance may drive him to despair. – Niccolo Machiavelli

Israel’s housing market is freezing: Tel Aviv apartment prices are down 8.4% due to high interest rates and emigration. Investors are now losing millions and fleeing to the stock market.

Israeli cybersecurity company Sweet Security secures $75 million to lead cloud and AI protection, boosting growth and ensuring real-time defense for cloud environments.

The move makes alphabet the conglomerate’s tenth biggest position and signals an unusual tech pivot by Buffett ahead of his planned retirement.

"It’s true hard work never killed anybody, but I figure, why take the chance?" – Ronald Reagan

Trapped profits refer to undistributed profits on which “only” 23% company tax was paid. In many cases, the profits were plowed back into the business of the company concerned.

Armis announced a pre-IPO funding round of $435 million, at an impressive valuation of $6.1 billion. The round was led by Goldman Sachs Growth Equity.