Category: 6. Business
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WeSure joins race for Isracard
The battle for control of credit card company Isracard (TASE: ISCD) is hotting up. Two weeks after Menora Mivtachim (TASE: MMHD) made a fresh offer to Isracard’s management, digital insurance company WeSure Global Tech (TASE:… Continue Reading
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Houthi missile reaches central Israel
A ground-to-ground ballistic missile fired by the Houthi rebels in Yemen at Israel this morning caused air-raid sirens to be sounded in extensive areas of Gush Dan and the coastal plain. Fragments of interceptors and of the missile… Continue Reading
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Apple requests court to drop NSO lawsuit
Apple has requested from the court that its lawsuit against the Israeli NSO Group, which was filed in November 2021, be dropped, according to the Washington Post last week. The technology company argued that exposing its discoveries could… Continue Reading
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Half of start-ups had investments canceled due to war – report
Startup Nation Central (SNC) published its “One Year of Israeli Innovation in War” report over the weekend, analyzing the impact of the ongoing conflict on Israel’s tech ecosystem including the substantial differences between the… Continue Reading
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Gold Hits All-Time High Amid Weak Dollar and Easing Inflation;
Gold prices (XAU/USD) surged to an all-time high of $2,583.37 during Friday’s European session, driven by a weaker U.S. Dollar and falling Treasury yields. The rally follows Thursday’s softer-than-expected U.S. Producer Price Index (PPI)… Continue Reading
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Why Is The Big Money Buying Gold? | Lobo Tiggre
In the recent interview with Lobo Tiggre, a renowned resource speculator and the editor of The Independent Speculator, on the YouTube channel Liberty and Finance. Tiggre dives deep into his perspective on the precious metals market,… Continue Reading
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Big day for gold brings better day for miners
Gold prices soared to new all-time highs of more than $2,570 an ounce and silver surpassed the $30 an ounce milestone during trading Thursday — and miners did even better. The VanEck Gold Miners ETF ($GDX) posted a one-day gain of 1.82 to… Continue Reading
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Metals soar as market prices in chance of 50-bps cut
The upcoming week just got a lot more interesting. The FOMC meeting on Sept. 18 will decide the size of this month’s expected interest rate cut, and after Thursday’s U.S. Producers Price Index print, there’s now a looming question of… Continue Reading
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French central bank: Geopolitical concerns driving gold higher
The Banque De France, the French member of the Eurosystem, released a note Friday explaining the recent gold rally said it appears geopolitical tensions and concerns, not financial factors, are driving prices higher. “Between March and… Continue Reading
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OpenAI’s stunning $150 billion value hinges upending corporate structure
OpenAI’s new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter, who said its $150 billion valuation will be contingent on whether the ChatGPT-maker can upend its… Continue Reading