AI sales talk analysis co Chorus.ai raises $33m

Israeli AI sales talk analysis company Chorus.ai has closed a $33 million series B financing round led by Georgian Partners with participation by returning investors Redpoint Ventures and Emergence Capital. Simon Chong, Managing Partner at…

New home sales hit 15-month high

Figures published today by the Central Bureau of Statistics show that 2,037 new housing units were sold in Israel in October, the most since July 2017. The seasonally adjusted figure for October was still the…

Shekel weaker ahead of ECB rate call

In Israel the Central Bureau of Statistics will announce the Consumer Price Index for November tomorrow, which will give an indication of when the next rate hike can be expected. The shekel is weakening today…

Amdocs sees revenue growth in next three years

Israeli business IT systems and solutions company Amdocs Ltd. (NYSE: DOX) expects revenue growth to continue, with profit per share rising by a slightly higher rate than the increase in its revenue, according to figures…

Bakeries seek hike for price-controlled bread

Galei Tzahal (Army Radio) today reported that Israel's largest bakeries have asked the committee for price controls to approve a 3.4% increase for price-controlled bread, amounting to NIS 0.15 per loaf, citing an increase in…

Dow erases 500-point drop and closes higher in…

Stocks rose on Monday, erasing sharp losses from earlier in the day, as shares of technology companies posted strong rebounds across the board. The Dow Jones Industrial Average closed 34.31 points higher at 24,423.26, erasing…