Category: 6. Business
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Gold continues its dollar-defying run
October has been a strong month for gold — and oddly enough, just as strong for the U.S. dollar. Numerous economists are starting to draw attention to the increasingly noticeable correlation between the two, which have rallied in lockstep… Continue Reading
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What’s moving platinum prices? This chart explains
The World Platinum Investment Council expects platinum’s supply deficits to begin having a more noticeable affect on the price of a metal that has dropped from a high of more than $2,200 an ounce in 2008 to the current price of $1,060 an… Continue Reading
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Continued fighting, cited for reduced Israeli growth projection
The Finance Ministry revised down its growth forecast for 2024 and 2025 on Tuesday, lowering predicted gross domestic product growth for 2024 to 0.4% and for 2025 to 4.3%. This revision follows the expansion of the war to the northern… Continue Reading
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Israeli heart medical device co Innoventric raises $28.5m
Israeli heart medical device company Innoventric today announced the completion of a $28.5 million Series B financing round. The company has developed a device for the treatment of transcatheter tricuspid regurgitation (TR) using a… Continue Reading
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Intel closes Granulate, lays off dozens
Chip company Intel Corp. is shutting down Israeli cloud optimization solutions company Granulate, which it acquired in 2022 for $650 million. Granulate joins many other of Intel’s Israeli acquisitions, which have been closed… Continue Reading
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How Chinese Traders Will Help Drive Gold to $3,000 – Jesse Colombo
In a detailed market analysis released today, financial analyst Jesse Colombo predicts that Chinese futures traders are positioned to drive gold prices beyond $3,000 per ounce, building on their previous success in spring 2024. The precious… Continue Reading
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Gold-Backed Treasuries: A Solution for America’s Financial Challenges?
A recent analysis from The Silver Academy has put forth an intriguing proposition for addressing America’s financial challenges: the introduction of gold-backed U.S. Treasury bonds. While bold in scope, their proposal warrants careful… Continue Reading
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Israel Bonds Stands United, Investing in Life for a Strong Jewish State
It is surreal that this month marked exactly one year since October 7, 2023, a fixed point in time that has forever altered the course of Israeli and Jewish history. The profound and horrific impact on the Jewish world is almost… Continue Reading
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Check Point meets expectations in Shwed’s last full quarter
Israeli cybersecurity company Check Point Software Technologies Ltd. (Nasdaq: CHKP) met the analysts’ consensus in its final full quarter managed by cofounder and CEO Gil Shwed. Revenue in the third quarter of 2024 was $635 million,… Continue Reading
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Israeli proptech co DoorLoop raises $100m
Israeli property management software company DoorLoop today announced the completion of a $100 million Series B financing round, led by growth equity firm JMI Equity. The investment will allow DoorLoop to continue product… Continue Reading