The 14:00 report · 11.11.2026
Today's main reports cover the general strike in Spain, capital market instability surrounding Nvidia stock, and the conclusion of mediation talks in Abu Dhabi. Meanwhile, the Israeli economy faces mixed financial results for Bezeq, and an earthquake was felt in the Eilat region.
General strike in Spain over housing crisis
Spain is experiencing its first general strike in 14 years, aimed at protesting the country's severe housing crisis. As reported earlier, the protest led by labor unions and tenants' associations has resulted in widespread public transport disruptions, road blockades, and pickets in strategic sectors, alongside clashes between protesters and police. It is now reported that the strike has also affected ports and heavy industry, highlighting the intensity of public frustration over surging rent prices and home purchase costs. The impact of the protest on political stability in the country, which is in the midst of an election campaign, remains a central focus of the current tension.
Bezeq Earnings: Decline in Subscribers Alongside Profit at Yes
Bezeq has released financial reports indicating conflicting trends in its operations. While the company's stock rose on the transition to a 30 million shekel profit in its subsidiary yes and market expectations for the cancellation of structural separation, there was a decrease in subscribers for direct internet services and the subsidiary Pelephone. Compared to earlier reports, the company notes that the comparative profit has increased despite the drop in the number of direct customers. These results reflect the challenges the telecommunications group faces in maintaining its market share against increasing competition, even as it manages to show financial efficiency in certain parts of its operations.
4.3-4.5 Magnitude Earthquake Felt in Eilat Region
An earthquake measuring between 4.3 and 4.5 on the Richter scale was felt this morning in the Eilat region. The epicenter was located by the Geological Survey near Taba in Sinai, about 224 kilometers from Israel. As a precautionary measure, operations at Ramon Airport were halted for a short time. This event illustrates the region's sensitivity to seismic activity and the readiness of transport infrastructure to respond to geological emergency scenarios, although no damage or casualties were reported following the tremor.
Nvidia shares rebound in global markets following recent declines
Nvidia stock has begun to rise in global markets after a period of sharp declines caused by the exposure of a personal relationship between CEO Jensen Huang and a woman suspected of spying for China. As reported earlier by Tevel, the company hired a law firm and a former federal prosecutor to investigate concerns that this relationship led to the smuggling of sensitive technological components in violation of US export restrictions. The current rise in the stock market reflects investor sensitivity to the affair, as it touches the core of US national security and raises questions about leadership continuity and the impact of the espionage on the chip giant's global business.
Ukraine talks in Abu Dhabi conclude
The US-brokered talks between Russia and Ukraine, held in Abu Dhabi in recent days, have concluded. The discussions, which focused on territorial disputes, security guarantees, and the possibility of a prisoner swap, ended earlier than planned. Although Zelensky expressed cautious optimism regarding changes in the Washington administration's approach, no details have yet been received regarding a significant breakthrough in ending the war. Continued dialogue is a critical layer in international diplomatic efforts to reach a settlement in Eastern Europe, with tensions on the ground continuing to dictate the pace of these talks.
Written automatically from the Tevel reports linked in it.