Artificial intelligence could dramatically reshape the global video game industry, cutting development costs and unlocking as much as $22 billion in additional annual profits, according to a new analysis from Morgan Stanley.

Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later, according to three sources familiar with the plans.

Oracle is reportedly carrying out its largest-ever round of layoffs, with estimates suggesting up to 30,000 jobs could be affected globally as the company accelerates its push into artificial intelligence infrastructure.

Oracle has begun laying off employees across its global offices, with staff in the U.S., India, and other regions receiving termination emails as early as 6 a.m. EST on Tuesday.

More than 10 million people have had power cut to their homes and businesses across Cuba after the country's national electrical grid collapsed for the second time in a week.

Brokerage firm Bernstein has sharply lifted its long-term gold outlook, arguing that sustained institutional demand and favorable macro conditions could push the yellow metal significantly higher by the end of the decade.

Romania’s coalition government has approved a major decree to cut public administration jobs and reduce state spending, aiming to tackle the European Union’s largest budget deficit.

Goldman Sachs has flagged a positive macroeconomic outlook for India following the conclusion of the US-India trade deal that lowers American reciprocal tariffs on Indian goods to 18%.

Actress Odessa A’zion has withdrawn from A24’s upcoming film Deep Cuts following online backlash over her casting, saying she stepped away voluntarily after recognizing concerns raised by fans of the original novel.