A $6.5B Gift for Kid Accounts & OpenAI’s ‘Code Red’ 12/2/25
Squawk Pod2 Des 2025

A $6.5B Gift for Kid Accounts & OpenAI’s ‘Code Red’ 12/2/25

Michael and Susan Dell have gifted $6.5 billion to 25 million investment accounts for American children, adding momentum to the Invest America Act. Tech investor Brad Gerstner has long been a proponent of this initiative, and he explains how and why it will work for Americans and the American capitalist system. Then, chairman of Heaven Hill Max Shapira discusses how the largest family-owned and operated distillery in the U.S. has weathered 90 years of changes in consumer tastes and liquor regulation. Plus, OpenAI’s Sam Altman has declared a “code red” in the face of ChatGPT competition, Costco is suing the Trump administration over tariffs, and crypto has suffered a massive plunge.

Eamon Javers - 10:37

Brad Gerstner - 15:40

Max Shapira - 40:17

In this episode:

Eamon Javers, @eamonjavers

Brad Gerstner, @altcap

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Cameron Costa, @CameronCostaNY


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Episoder(2023)

AI-Made Viruses, A July Jobs Report, & Meta’s Child Harms Case 8/7/26

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Google’s AI Reshuffle, Calls to the Fed, A Great Wealth Transfer 08/06/26

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Google is reshuffling its AI team, moving Demis Hassabis from CEO to chairman of Google DeepMind. Hassabis will also take over the chief scientist role of Alphabet after the current chief scientist Je...

6 Aug 38min

SpaceX’s First Earnings, Janet Yellen, & Uber CEO 8/5/26

SpaceX’s First Earnings, Janet Yellen, & Uber CEO 8/5/26

Former Fed Chair and former Treasury Secretary Janet Yellen discusses Kevin Warsh’s new regime at the Federal Reserve and the persistent inflation in the United States. After the first U.S. interventi...

5 Aug 45min

Treasury Sec. Bessent: A Deal with Iran 8/4/26

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In a newsmaking–and market-moving–interview, Treasury Secretary Scott Bessent suggests that the U.S. may have a deal with Iran as soon as today or tomorrow. He says, the “K-shaped economy is over,” an...

4 Aug 49min

Kalshi CEO on NY’s Lawsuit, A Yen-tervention, Water Cyberattacks 8/3/26

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After months of negotiations broke down, New York State filed a lawsuit against prediction market Kalshi. Kalshi CEO Tarek Mansour responds to the allegations that his platform is “quintessentially ga...

3 Aug 41min

Exxon’s Profits, Anthropic’s Hacking Revelation, & FIFA’s Debate 7/31/26

Exxon’s Profits, Anthropic’s Hacking Revelation, & FIFA’s Debate 7/31/26

Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

31 Jul 38min

The Fed Holds Interest Rates Steady & Dr. Fauci Pleads the Fifth 7/30/26

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The Federal Reserve, under Kevin Warsh, has decided to keep interest rates steady. Former Fed vice chairman Roger Ferguson discusses the decision and the FOMC member dissents. After Dr. Anthony Fauci’...

30 Jul 49min

Hugging Face Hack, SK Hynix, & Senior Scams 7/29/26

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29 Jul 32min

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