Economy

Finance Ministry data shows sharp increase in tax collection from financial sector as 2025 deficit reaches only 4.7% of GDP, below initial forecast.

Wall Street giant signals confidence in Israeli banking sector. Bank of America has issued "buy" ratings for Israel's four largest banks, citing strong fundamentals and post-war economic potential according to Reuters. "After a strong rally, we see them shifting from overlooked to favored as fundamentals point to further gains," analyst says.

In a move that caught analysts off guard, Governor Amir Yaron announces a significant shift in monetary policy today, signaling confidence in the nation's economic stability despite ongoing security challenges.

Precious metal's market worth reaches $4.7 trillion following historic 170-180% annual surge, then retreats from an $80 peak and gold softens as investors take profits. Geopolitical risks ease following US comments on Ukraine.

Shares tied to digital assets in Asia receded after China's central bank cautioned about illegal acts.

Stock climbed nearly 70% this year, outpacing rivals. Strong cash flow, in-house chips, and successful Gemini 3 model have made it almost a shoo-in for an NVIDIA-like market cap down the road.

Bank of Israel shifts policy, cuts interest rate by a quarter point amid falling inflation.

Nvidia earnings time at 4 p.m. could be the start of a major sell off as "Peak AI" fears loom over crucial test for markets. Tech sector holds breath for possible shocks, with immediate implied volatility expected at $320 billion (6%).

This week many companies will report their quarterly earnings. But all eyes will be on Nvidia. Wednesday's third-quarter earnings report will reveal updated guidance, with analysts expecting $54.9 billion in quarterly sales and scrutinizing Huang's comments about the $10 billion OpenAI partnership and rising competition from custom chips

SoftBank ditches Nvidia for second time – this time to fund $22.5B OpenAI bet.