Israel business

Israeli chip equipment stocks outperform on Wall Street

Expectations are high due to increased demand and the upcoming financial reports could signal the continuation of the trend in stocks

In January, Israel’s Ministry of Defense signed a multi-year contract with Semiconductor Devices valued at approximately $115 million (NIS 380 million).
People looking for work as unemployment rises

Israel job vacancies hit highest rate since December of 2022, CBS says

NVIDIA

Nvidia in advanced talks to acquire Israeli AI startup AI21 Labs for up to $3 billion

Flam's vineyard snakes through the valley.

Wine Talk: From winemakers to farmers


This AI platform aims to help corporations fix their sustainability issues

Continue AI has announced a $5.7M funding round that it will use to further develop its AI platform.

Artificial intelligence

Israel’s UN Climate Tech Delegation for COP27 announced

These are the 10 companies that will make up the delegation representing Israel's climate tech industry on the world stage.

Israel Start up

Joonko raises $25m., enabling huge US companies to hire diversely

The company was founded in order to help companies hire more underrepresented individuals. Here's what it has planned.

 The team at Joonko.

Bank Leumi CEO: It's difficult to recruit talent for banking system

The CEO of Bank Leumi spoke about the difficulty in recruiting talent for the banking system, the severe recession in Europe and Israel's economic status.

Israelis walk past a branch of Bank Leumi in Tel Aviv

Upstep has record August, sells 300% more insoles than 2021

After many months of optimization work, the company created a solid foundation for a significant increase in sales, while improving all the data at the same time.

 Upstep's products.

Meet the company specializing in testing standards that is coming to Israel

TÜV SÜD’s entry into Israel will help create collaborations between businesses and labs in Israel and internationally, will increase professional standards and introduce technological innovations.

 A computer keyboard lit by a displayed cyber code is seen in this illustration picture taken on March 1, 2017.

Upstep looking to crowdfund $4m.

This is Upstep's second crowdfunding campaign, after 2021 one, in which the company raised $2.5m., breaking a crowdfunding record in Israel.

 From R to L: Limor Katz, Oren Raz and  Aviad Raz.

Sternum’s IoT security makes major strides in defiance of tech tumble

TECH TALK: More than 500 tech employees in Israel were laid off in a single day on July 24. But not all tech fares badly in times of economic uncertainty.

 Sternum CEO and Co-Founder Natali Tshuva.

'Israeli start-ups that adjust their strategy will survive the economic crisis'

Is the bubble bursting? • “The Israeli high-tech market is mature and responsible”

MARKET DATA at the Tel Aviv Stock Exchange.

Israeli Teva reaches proposed $4.35 bln settlement of US opioid lawsuits

The US opioid crisis has caused more than 500,000 overdose deaths over the past two decades, including more than 80,000 in 2021 alone.

 Teva building in Kfar Saba