Circle’s CEO & Elon Musk’s Threat to Apple 8/12/25

Squawk Pod

Aug 12, 2025•40 min

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Episode description

In his first interview since Circle’s IPO, Circle co-founder and CEO Jeremy Allaire explains the blockchain-native company’s first earnings report, as well as his own vision for the future of finance. Elon Musk is threatening to sue Apple over its App Store rankings of AI apps; CNBC’s Steve Kovach and contributor Michal Lev-Ram discuss Musk’s strategy and the race for AI dominance. For the new BLS commissioner position, President Trump will nominate E.J. Antoni, an economist at the conservative Heritage Foundation.

Steve Kovach - 21:27

Michal Lev-Ram - 26:42

Jeremy Allaire - 34:12

In this episode:

Michal Lev-Ram, @mlevram

Jeremy Allaire, @jerallaire

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

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