
Ibotta CEO Bryan Leach: Consumers are very focused on affordability
Bryan Leach, Ibotta CEO, joins CNBC's 'Money Movers' to discuss outlooks on the consumer, how much retailers may be able to contain tariff impact, and more.

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CNBC
26 minutes ago
- CNBC
Elon Musk says Tesla robotaxi rides in Austin 'tentatively' set to begin June 22
Tesla CEO Elon Musk said on Tuesday that his company's robotaxi service is "tentatively" set to launch in Austin, Texas, on June 22. In a post on X, Musk indicated that he's flying from Los Angeles to Austin for the kickoff, which he'd previously said would be sometime in June. When a commenter asked when public rides will start, Musk said the current plan is for June 22, and that the first ride from the factory to a customer's house will take place on June 28. "We are being super paranoid about safety, so the date could shift," Musk wrote. Earlier on Tuesday, Musk shared a video on X showing that Tesla was testing driverless vehicles on the roads of Austin without a human safety supervisor behind the wheel. The eight-second clip showed the latest version of the Model Y SUV, painted black with a white "Robotaxi" graffiti-style logo painted on it, navigating an intersection and pausing to allow pedestrians to traverse a crosswalk. Musk recently told CNBC's David Faber that Tesla will start with a very small rollout, including about 10 to 20 of its robotaxis, with a new, "unsupervised" version of the company's FSD or "Full Self-Driving" technology installed. The tests will involve the Model Y, not the futuristic looking CyberCab that Tesla plans to produce next year. Musk said Tesla will "geofence" the service, limiting where the robotaxis can initially operate, and that employees will remotely monitor the fleet.
Yahoo
31 minutes ago
- Yahoo
Starbucks launching AI tool for baristas
DAYTON, Ohio (WDTN) — Starbucks will reportedly begin the implementation of an AI assistance tool for its baristas. The cafe company announced during its Leadership Experience session Tuesday that 'Green Dot Assist' is initially being introduced in 35 stores. CNBC reported the system is based from Microsoft Azure's OpenAI. Baristas will use an iPad in the store to use the system, which will reportedly 'help baristas in real time' with information needed like displaying beverage recipes, filing support tickets, identifying baristas to cover shifts, naming alternative ingredients, showing diagnostic videos and recommended items to upsell. New Starbucks barista dress code is a move protested by some According to the chain, the new technology will reportedly support baristas with beverage-making and customer interactions. 'With this new solution, we're simplifying access to essential information in the flow of work for partners, making their jobs a little easier while they build confidence and expertise,' said the company. Green Dot Assist is expected to begin 'a broad launch' of implementation in the fall at locations in the U.S. and Canada, according to the CNBC report. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


CNBC
an hour ago
- CNBC
Jim Cramer wants to call attention to stocks popular with younger investors
CNBC's Jim Cramer on Tuesday said he thinks it's necessary to review stocks that have captured the attention of the younger investors, but aren't always highlighted by Wall Street analysts. "I think relevance dictates that we cover the companies that are treated as irrelevant or even pariahs by the gray beards around here," he said. "It isn't true that no one cares. I fear everyone cares, except those of us on Wall Street. We have to do better about nuke, about quantum and crypto, because our younger viewers deserve better." Cramer suggested that younger investors favor any stock that has to do with cryptocurrency — but not just largely-hyped names like MicroStrategy, Coinbase and Circle Internet. Instead, he said, these investors are looking at stocks that don't receive as much coverage, like Hut 8, Riot Platforms, CleanSpark, Cipher Mining and Galaxy Digital. Cramer said he wonders why this cohort doesn't receive more recognition, as many of these companies see significant trading action. Nuclear stocks are met with similar excitement by the younger generation, he said, besides prominent companies like Vistra, Constellation Energy and GE Vernova. He named Oklo, Cameco, BWX Technologies, Centrus Energy, Talen Energy and NexGen, saying investors are encouraged because new energy-guzzling data centers need nuclear power. However, he said that these sought-after stocks aren't ones that he finds "investible" because there won't nuclear reactors for a number of years. Quantum computing outfits are extremely popular among newer investors, Cramer said, but he added that group as a whole is controversial. He pinpointed IONQ, D-Wave Quantum, Rigetti Computing, and Quantum Computing. While he said it takes a lot of research to understand these companies, it's worthwhile to put in the effort — even if developed quantum computing is years away. According to Cramer, there is opportunity for at least a few of these stocks. "You could decry it as the wild west. You could dismiss these companies as nothing but hype," Cramer said. "Or, how about this, you take a company that trades 50 million shares a day, and maybe you just try to shed some light on it." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest The CNBC Investing Club holds shares of GE Vernova.