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Oppenheimer, known for its strong research department, has maintained an "outperform" recommendation for Amdocs (DOX) stock while raising its target price from $99 to $109. The decision comes after Amdocs posted strong fiscal third-quarter results, showcasing annual revenue growth of 6.9% at constant exchange rates. Although the growth rate slightly decelerated compared to the previous quarter, the company remains strategically well-positioned in the cloud services sector, particularly among leading telecom companies undergoing digital transformation

The Ministry of Health announced hat 1,227 people have been diagnosed with Corona in the past day - a record of a month and a half of infections per day. This increased the number of verified infections in Israel to 357,207 people. Yesterday, results were obtained for 57,428 tests, with the percentage of positive for the virus being 2.1%. The test data and their results are not final and may change in subsequent updates from the Ministry of Health. "Unfortunately, I expect that in the next week or two we will see the numbers go up, because we are in the adhesion coefficient R above 1,"...

The High Court of Justice accepted the petitioner's claim, the Digital Rights Movement, and ordered the government to transfer most of the classified materials to opponents of the biometric database within a month and a half. The petition was submitted about a year ago and touches upon the very necessity of the biometric database. The petition alleges that in a pilot conducted, the state did not take sufficient steps to ascertain its necessity.

The Israeli start-up company Anodot joins Ituro, Verbit, Bizabo, Transmit, Sqream, Leitrix and Nexar in the current wave of layoffs in high-tech and is laying off 35 employees, who make up 27% of the workforce in a company that employs 129 people. The layoffs will be from all parts of the company, which was established in 2014 and has raised about $ 62 million to date, including Intel Capital, Softbank Ventures Asia, Samsung NEXT, La Maison, Keren Alef and Disruptive Technologies

Sunfrost's frozen bean products are back on the shelves, after their production and marketing was stopped due to the discovery of parts of a snake, a mouse, a snail and a bird's foot, among others, in the company's beans and peas, which is owned by Tnuva. They will gradually return to the points of sale starting today. Sunfrost controls about 70% of the cash sales in the frozen vegetables category. See that Sunfrost has begun the process of improving quality control and sorting at its factory in Migdal Ha'Emek, but has not yet activated the three optical sorting machines it announced it...

From August 7 to 9, a team of Ford Motor Company developers will visit Tel Aviv, Nazareth, Jerusalem and Haifa and meet start-ups. The company will invite the best developers to participate in the September Challenge. Ford is looking for Israel's leading mobile application developers and service providers and invites them to take part in the company's Make it Driveable Challenge event, which will be held in Tel Aviv in September. The event will give mobile application developers and digital service providers access to Ford's development team and enable them to work with AppLink on the SYNC...

The government is scheduled to discuss today and decide on a reform in the technological education system. According to the proposal, the prerequisites for acceptance, the number of hours of training and the number of examinations in technological education under the responsibility of the Ministry of Labor and Social Affairs will be significantly reduced. The model submitted for Cabinet approval was not discussed at all with the Ministry of Education and the Council of Technicians and Practical Engineers. There was no consultation with representatives of the industry, which is supposed to...

The Rebbe of Viznitz, Rabbi Yisrael Hagar, instructed his followers to open all the educational institutions of the court starting tomorrow, and also called on other rabbis to act like him and order their communities to do so. Hagar heads the third largest Chassidut in Israel, is a member of the Torah Party Torah and has a representative in the Knesset (MK Yaakov Tessler). This is the first crack in the official position of the mainstream leaders in the ultra-Orthodox community, who have so far called on the public (at least publicly) to maintain the closure guidelines. The Rebbe of...