FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round

FTX in talks to raise up to  billion at valuation of about  billion, in-line with prior round


Crucial Points
  • FTX is talking with possible buyers about a funding round that would preserve the company’s valuation in-line with a prior financing earlier this year.
  • The privately held company has been on a buying frenzy all through the “crypto winter.”
  • Existing investors include things like Singapore’s Temasek, SoftBank’s Vision Fund 2 and Tiger World.



Source

World leaders descend on Beijing as 2026 kicks off, hedging against U.S. disruptions
Finance

World leaders descend on Beijing as 2026 kicks off, hedging against U.S. disruptions

Key Points At least five world leaders have visited Beijing in January alone. The high-level visits come as countries navigate tense U.S. relations. Business executives are also using the opportunity for China deals. Source

Read More
Stocks making the biggest moves after hours: Apple, Robinhood, Visa, Sandisk and more
Finance

Stocks making the biggest moves after hours: Apple, Robinhood, Visa, Sandisk and more

Check out the companies making headlines in after-hours trading. Apple — Shares rose less than 1% after the company posted blowout fiscal first-quarter results, with notably strong revenue from its iPhone 17 models released in September. Apple earned $2.84 per share for the quarter, higher than the $2.67 per share expected by analysts surveyed by […]

Read More
Stocks making the biggest moves midday: ServiceNow, Salesforce, Southwest, Carnival & more
Finance

Stocks making the biggest moves midday: ServiceNow, Salesforce, Southwest, Carnival & more

Check out the companies making the biggest moves in premarket trading: ServiceNow — The software stock tumbled 11% despite the company’s better-than-expected fourth-quarter results. Morgan Stanley said ServiceNow’s report was “Good, but not good enough” to convince skeptical investors that the company’s business would continue to see robust growth in the face of competition from […]

Read More