Current sectionIsrael NewsShare to FacebookShare to XArticle printing is available to subscribers onlyPrint in a simple, ad-free formatSubscribeComments: Zen reading is available to subscribers onlyAd-free and in a comfortable reading formatSubscribeProtesters against the government's judicial overhaul demonstrate outside the Tel Aviv Stock Exchange, July 2023. Credit: Moti MilrodThe post–October 7 wars were supposed to be an economic catastrophe. Instead, they became a windfall that binds Israel's liberal economic elite to the occupation. It will stay that way until the high-tech class feels less comfortable profiting from the defense and cyber industriesJoshua Leifer09:50 PM • August 27 2026 IDTAt the close of the Tel Aviv Stock Exchange's last trading day before the Hamas-led attacks of October 7, 2023, its two main indices stood at levels far below where they sit today. Over the nearly three years since – a period during which most analysts expected the war to batter Israel's economy – the stock market has more than doubled.Loading...Click the alert icon to follow topics:Israel high-techBDS MovementIsrael arms exportsIsraeli politicsIsrael economyOctober 7EuropeIsrael Elections 2026Judicial coupWest BankCommentsLoading...In the NewsIn the News: Live UpdatesNetanyahuGaza Militias Hasan PikerWest BankOfer WinterUnited AirlinesPollHaQuizHaaretz PodcastMossad Chief Recuses Himself From Qatargate Probe Due to Ties to Netanyahu AidesIf Only Netanyahu's Rivals Were as Left-wing as He ClaimsIsraeli Weather Service Warns of 'Unprecedented' Storm Due to Super El Niño'I Still Have Nightmares': Freed Israeli Hostage Recounts Two Years in CaptivityAfter Likud Smear Campaign, Far-right Leader Vows to Back Netanyahu as PMRemembering and rebuilding two years laterICYMIAn Israeli Startup Is Reinventing Salmon Farming. It May Upend a Global IndustryHasan Piker Talks Hamas, anti-Zionism and Why Americans Are Fed Up With IsraelBeing Israeli Abroad Has Become Embarrassing. You Don't Talk About It'Israel Is Sending Militias to Commit War Crimes – and I Have to Protect Them'David Remnick on Netanyahu, Mamdani and Israel's 'Failure to Face' GazaBen-Gvir's Ambush Shook Netanyahu – and Unleashed a War for Right-wing Votes