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Closing Bell

Closing Bell Overtime: Earnings, Economic Signals & the AI Divide 10/15/25

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 15 October 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

With the Beige Book out and fresh commentary from Treasury Secretary Scott Bessent and Fed officials, our Steve Liesman breaks down what the latest signals say about the economy. Alan McKnight of Regions Wealth Management and Michael Farr of Farr, Miller & Washington discuss stretched valuations, inflation risks, and whether earnings can keep stocks supported. Then, a look at why Salesforce may be getting left behind in the AI race with DA Davidson’s Gil Luria, and how Entrepreneurs First CEO Alice Bentinck is rethinking startup funding and focusing on talent over ideas. Finally, RBC’s Gerard Cassidy previews key regional bank earnings to watch.

Transcript

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0:00.0

Well, that's the end of regulation planet, ringing the closing bell, the New York Stock Exchange,

0:04.2

Curiosity Stream, doing the honors of the NASDAQ. Stock's losing steam late in the session.

0:08.7

The Dow's slipping into the red here, fractionally in the final minutes. The S&P 500 and NASDAQ,

0:14.2

both closing higher, real estate communication services, utilities, the top-performing S&P sectors,

0:19.8

Prologes helping lead the real estate

0:21.6

sector higher after posting strong results, raising guidance. The warehouse companies seeing record

0:26.5

leasing activity, a solid pipeline, improving consumer sentiment. Materials and industrials were the

0:32.1

worst performing sectors today. On the flip side, those rare earth and metals companies, which

0:36.6

had been soaring as the U.S.-China

0:38.6

trade tensions were flaring up, giving back some of those gains today. But cooking oil has

0:45.0

become the new battleground, and that's helping Bungy and Archer Daniels Midland both make

0:50.2

soybean oil for biofuels, which have been facing competition from used cooking oil,

0:55.1

which is cheaper, and those shares jumped higher today. And that's the scorecar on Wall Street,

0:59.6

but winner stay late. Welcome to Posenbell overtime. I'm John Ford, alongside Morgan Brennan. Sales

1:04.6

Force is lower today, despite holding its big Dreamforce conference and announcing a bunch of big deals.

1:10.0

Stock has been an AI laggard along with many software names.

1:13.4

We're going to examine that sector to see which companies might be the winners and losers.

1:17.3

And we're waiting for earnings.

1:19.4

United Airlines reporting shortly will be a strong beat.

1:22.3

Will it be a strong beat?

1:23.7

Like we saw from Delta, we're going to get you those numbers when they come out.

1:27.8

We're also watching J.B. Hunt on the freight side and S.L. Green on the real estate side.

...

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