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Shares jump as much as 80% after announcement of $285mn cash deal with AI hardware group

Wells Fargo & Co. is the second bank to turn cautious on US stocks this week as the market heads into what is historically the worst month on the calendar for equities and upcoming midterm elections add to uncertainty surrounding the artificial-intelligence trade.

Fresh escalation pushes oil prices up almost 4%

America needs its neighbors to counter China.

Decision by former prime minister will trigger by-election in his London seat, with Greens likely to challenge ruling Labour Party

The Scion Group and Ares Management Corp. funds bought four US student housing communities for about $435 million, the second deal for the companies’ new partnership.

The increase in shipping attacks comes after a period of relative calm in the war

Wei Li, BlackRock Global Chief Investment Strategist, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the risks and income opportunities within the fixed income market. (Source: Bloomberg)

DLT Resolution signs LOI to acquire J3M Gold

CHICAGO--(BUSINESS WIRE)--The Scion Group and Ares acquire a four-community, 2,316-bed student housing portfolio from SCHENK+ across Texas, Tennessee and Georgia.