Tesla says it is offering Cybercab rides in limited areas of Austin, Texas

The Property Franchise Group (TPFG) has acquired a 25% stake in conversational AI platform Enteka Ai for £900,000, as artificial intelligence adoption accelerates across the estate agency sector. The investment comprises £900,000 in new shares for a 15% equity interest, with an additional 10% stake issued upfront subject to forfeiture conditions tied to a three-year…

PennyMac Financial Services admitted its second quarter results failed to meet expectations because of high interest rates, as well as funding the technology initiatives in artificial intelligence and automation. Processing Content “Although our operational execution remains solid, these results fell short of our expectations as interest rates increased and origination demand declined,” Chairman and CEO…

Shares of Jersey Mike’s Subs (JMKE +7.45%) rose more than 7% on Wednesday after the popular sandwich chain announced its first quarterly financial performance as a newly minted public company. Image source: Getty Images. A cut above Jersey Mike’s is earning accolades from diners and business owners alike. The sub shop recently dethroned Chick-fil-A to…

CMC Markets is bringing its institutional offering under the group brand; the business previously presented as CMC Connect will now be known as CMC Markets Institutional. The company says the move is part of its strategy to scale institutional partnerships and strengthen its position as a global multi-asset financial services firm. According to CMC Markets,…

Dry vegetation affected by a drought in U.S. Virgin Islands. All of the U.S. territory is currently in an extreme drought that is projected to continue for at least a few months. Rafe Boulon A developing drought in Puerto Rico and the U.S. Virgin Islands may impact their economies, with implications for bonds, analysts say….

Baxter International (BAX -2.21%) probably didn’t want this trading week to end. According to data compiled by S&P Global Market Intelligence, the veteran medical device purveyor’s shares flew 19% higher over the period. That was hardly a surprise, as the company published a highly encouraging quarterly earnings report Thursday morning. There’s nothing as good as…