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

Finance

Stocks making the biggest moves after hours: DoorDash, Zillow Group, ARM Holdings, Fortinet and more

May 6, 2026

Check out the companies making headlines after the bell : ARM Holdings — The semiconductor company jumped 6% after posting fourth-quarter adjusted earnings of 60 cents and $1.49 billion in revenue. Analysts surveyed by LSEG were looking for earnings of 58 cents and $1.47 billion in revenue. DoorDash — Shares popped 14% after the food […]

Finance

Goodbye quarterly earnings? Here’s when traders believe this big change will happen

May 6, 2026

Key Points Traders on prediction markets platform Kalshi give 73% odds that the Securities and Exchange Commission will end its requirement for quarterly financial reports by April 2027. They give lower odds that it will happen by January. Recent rules from the commission typically take at least a year to get finalized. Source

Finance

Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging

May 6, 2026

Key Points Uber and Disney pointed to a remarkably resilient spending backdrop, with consumers continuing to shell out for rides, food delivery, vacations and theme park trips. “The consumers are spending, they’re spending locally, and we don’t see any signs of that weakening at this point,” CEO Dara Khosrowshahi said. Source