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

EPISODE · Dec 2, 2025 · 45 MIN

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

from Squawk Pod · host CNBC

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 - 10:37Brad Gerstner - 15:40Max Shapira - 40:17 In this episode:Eamon Javers, @eamonjaversBrad Gerstner, @altcapJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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

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