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“Earnings are still going up, but margins are coming under pressure and I think the bigger concern is the outlook from here,” Joshi said.Credit Suisse analyst Jarrod Martin said margins and credit quality would be the key issues for…

Intel's Israeli self-driving cars and advanced driver-assistance systems (ADAS) unit Mobileye has set terms for its upcoming IPO. The company has filed a prospectus to sell 41 million new shares, within a price range of…

The share price of Israeli fintech company Pagaya Technologies (Nasdaq: PGY) rose a further 38.12% on Friday on Wall Street to $24.82, giving a market cap of $16.23 billion. With this latest rise Pagaya overtook Check…

A federal judge has ordered IBM to pay $1.6 billion in damages to BMC, a private software company that is both IBM's partner and competitor. BMC sued IBM in 2017 after AT&T -- a huge client for both companies -- dumped BMC's mainframe…

Bank Leumi (TASE: LUMI) posted a net profit of NIS 1.6 billion for the first quarter of 2022, up 23% from NIS 1.3 billion in the corresponding quarter of 2021. Annualized return on equity in the first quarter of 2022 was…

Israeli-US data reliability company Monte Carlo has today announced the completion of a $135 million Series D financing led by IVP, with participation from Accel, GGV Capital, Redpoint Ventures, ICONIQ Growth, Salesforce…

Israeli fintech company Capitolis today announced it has completed a $110 million Series D financing round, at a $1.6 billion valuation. Capitolis has tripled its valuation since raising $90 million last April. The round…

US stocks added to their best three-day rally since 2020, as investors bid up companies that benefit from a strong economy amid speculation the Federal Reserve won’t derail growth as it fights inflation.The S&P 500 rallied into the…

Environmentalists have launched a second legal action against the Scarborough to Pluto LNG project adding to uncertainty about its construction a week after Woodside approved the $16 billion investment.The Conservation Council of WA will…

Most fossil fuel companies are particularly sensitive to the blowback from environmental stakeholders. The Scarborough gas field and Pluto processing facility has been billed by Woodside as significantly less emissions-intensive and thus…