Financial
Check Point: Strong Q1 Earnings Under New CEO Nadav Tzafrir - Revenue and Profit Exceed Expectations
Category: Financial
Israeli cybersecurity company Check Point Software Technologies kicked off its first full quarter under new CEO Nadav Tzafrir with solid financial results, modestly exceeding analysts’ expectations. The company reported a 7% year-over-year increase in revenue, reaching $638 million—right in the middle of its forecasted range and slightly above market predictions of $636.2 million. Net income climbed 9% to $246 million, or $2.21 per share, surpassing analysts’ expectations of $2.19 per share
Apr 23, 2025
Category: Financial
Retail giant Shufersal reported a notable decline in sales for the first quarter of 2025, despite seasonal tailwinds from the Passover holiday and widespread price hikes in the retail sector. However, the company managed to post a sharp rise in profitability, reflecting deep cost-cutting and operational efficiency improvements
May 28, 2025
Category: Financial
Fashion group Castro released its first-quarter financial results for 2025, revealing a sharp decline in net profit to just NIS 138,000, down from NIS 3.9 million in the same quarter last year — despite a notable 8.3% increase in revenue, which reached NIS 471 million
May 29, 2025
Category: Financial
Following a situation assessment held Sunday evening between Finance Minister Bezalel Smotrich and Israel Securities Authority Chairman Adv. Sefi Singer, it was decided that trading on the Tel Aviv Stock Exchange (TASE) will proceed as scheduled on Monday, despite the escalating conflict with Iran
Jun 14, 2025
Category: Financial
In a detailed economic review released on Monday, S&P Global Ratings assessed the financial risks posed by the escalating war between Israel and Iran, with a focus on the potential impact on regional economies, energy markets, and investor sentiment
Jun 17, 2025
Category: Financial
The Israeli Automobile Importers Association has released vehicle delivery data for the first half of 2025, showing a modest 3% year-over-year increase, with 159,566 vehicles delivered compared to 155,181 in H1 2024. But behind the headline figures lies a complex and somewhat distorted picture of the local car market
Jul 2, 2025
Category: Financial
The Israeli Employment Service has issued a stark warning over rising unemployment among high-tech professionals and educated workers, calling the trend a sign of “unprecedented levels of unemployment” and urging urgent government action to prepare for mass job displacement due to artificial intelligence
Jul 22, 2025
Category: Financial
Intel will spin off its Network and Edge Group (NEX) into a standalone company, according to a report published Friday evening on the CRN website. The company has already notified its clients of the move in an internal memo and is now seeking external investors to support the new entity. A timeline for the spin-off has not been disclosed yet
Jul 25, 2025
Category: Financial
The war with Iran and the recent Gaza operation, codenamed "Operation With a Dog", disrupted the start of Israel’s summer travel season, grounding flights and closing airspace just as hundreds of thousands of Israelis were preparing for their annual vacations abroad. But despite ongoing security concerns and repeated airline cancellations, Israelis are flocking back to the skies
Jul 25, 2025
Category: Financial
]Israeli high-tech ended the third quarter of 2025 with a mixed picture: sharp declines in fundraising and investor activity on the one hand, and record-breaking levels of mergers and acquisitions on the other. According to Startup Nation Central’s (SNC) quarterly report, the year is shaping up to be one of the most significant in the history of the industry — but also one of the most volatile
Sep 29, 2025
