Thu: Banks lead steep falls
The main indices were weighed down by the banks today, but there were rises in technology stocks, encouraged by a revival in the sector on Wall Street yesterday.
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The main indices were weighed down by the banks today, but there were rises in technology stocks, encouraged by a revival in the sector on Wall Street yesterday.

Matrix IT is paying NIS 73 million for 80 of the Tsipori-based company, which which integrates power systems and electro-mechanical components.

In addition to Sde Dov, potentially contaminated sites include Herzliya Airport, the Sirkin IDF base in Petah Tikva, and the Glilot area, lands on which thousands of apartments are planned for the coming years.

The Israeli income producing company has hired Goldman Sachs to find a partner to invest 1 billion in Green Mountain at a valuation of 4-5 billion.

The hedging activities of Israel’s institutional investors is the main factor driving the recent depreciation of the shekel but the Bank of Israel and US-Iran tensions are also important influences.

Scott Russell talks for the first time about the plunge in Nice’s stock, the AI revolution and the future of the Israeli software company.

LADRS, battle proven in Gaza and Lebanon, is a joystick-free drone control system that lets combat soldiers operate drones without taking their fingers off their rifle’s trigger.
The banks again rose today as Delek and Teva led the declines.

Minrav Group will build a 35 meter shaft from which TBM machines can begin tunnelling.

MyHeritage currently has 500 employees in Israel, the US and Europe.