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NASDAQ:TEVA 7 March 2026

Last week on Tel Aviv Stock Exchange: TA-35 rises as war-driven oil shock roils markets

Last week on Tel Aviv Stock Exchange: TA-35 rises as war-driven oil shock roils markets

Tel Aviv’s TA-35 index closed Friday at 4,356.68, up 5.5% for the week, while the TA-125 gained 6.3%. Energy and defence stocks led gains; the TA-Oil & Gas index rose 15%, and the TA Defense index climbed 12%. Elbit Systems became the exchange’s most valuable firm at 123 billion shekels. The shekel held steady despite ongoing Strait of Hormuz disruptions and rising oil prices.
7 March 2026
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Stock Market Today

  • Sandisk Surges 781% in 2026, Outperforming S&P 500 Stocks Amid AI Storage Demand
    June 28, 2026, 12:59 PM EDT. Sandisk's stock has soared 781% in the first half of 2026, far outpacing all S&P 500 companies, including Micron's 297% gain. This surge is driven by booming demand for NAND flash memory, crucial for AI systems that require vast, high-speed data storage. Sandisk, spun off from Western Digital in 2025, has seen a cumulative 3,900% gain since independence. Supply discipline following the 2023-2024 memory downturn has kept prices high. Despite historic gains, memory markets remain cyclical, suggesting increased volatility ahead. Analysts note Sandisk was excluded from top AI stock picks, highlighting debate about sustainability of its growth.

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