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Market

Chime’s stock jumps 37% on first day, boosting hopes for more IPOs

DS Staff | Jun 13, 2025

Chime Financial’s stock jumped 37% on its first day of trading yesterday, closing at $37.11 after being priced at $27. The strong debut gives the mobile banking company a market value of over $13 billion. 

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Ai

Barbie maker Mattel teams up with OpenAI for smart toys

DS Staff | Jun 13, 2025

Barbie and Hot Wheels maker Mattel has partnered with ChatGPT bot maker OpenAI to roll out its first AI-powered toy later this year.

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Politics

Court lets Trump keep control of National Guard in LA amid legal battle

DS Staff | Jun 13, 2025

A federal appeals court on Thursday allowed President Donald Trump to keep control of National Guard troops in Los Angeles for now. 

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Ai

Studios sue AI-image startup Midjourney over copyright infringement

DS Staff | Jun 12, 2025

Disney and Universal have joined forces to sue AI image generator Midjourney, accusing the startup of “blatantly incorporating and copying” their iconic characters. 

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Geopolitics

US keeps China tariffs high amid talks

DS Staff | Jun 12, 2025

President Donald Trump announced Wednesday that the US will maintain high tariffs on Chinese goods under a new framework deal pending approval by him and President Xi Jinping.