Closing Bell Overtime: Strategy's Michael Saylor; Is AI spending one giant circle? 9/23/25

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 23 September 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Wells Fargo’s Ohsung Kwon joins to analyze the market action and what he likes into year-end in his first interview since taking over as Chief Equity Strategy. Our Angelica Peebles breaks down Kenvue’s volatile two-day stretch. William Kerwin of Morningstar reacts to Micron earnings. Michael Saylor, Strategy Executive Chairman, breaks down bitcoin's recent price action and the trend of Bitcoin treasury companies. Plexo Capital's Lo Toney breaks down who is spending and who is buying in the AI infrastructure buildout.

Transcript

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0:00.0	The Dow breaking a four-day wind streak.
0:02.5	Energy and real estate, the winners, consumer discretionary, and technology lags.
0:06.5	Some moves in commodities today, with gold hitting an all-time intraday high,
0:10.5	silver touching 2011 highs, and platinum hitting its highest levels since July 21st.
0:16.2	Crude, higher for the second day, up 2%.
0:19.2	Well, that is the scorecard on Wall Street.
0:21.1	Welcome to closing bell overtime.
0:22.7	I'm Morgan Brennan, along with John Fort.
0:25.1	Ahead, Fed Chair Powell says consumer spending has slowed.
0:28.7	Uncertainty is weighing on the business outlook and economic growth has moderated.
0:33.0	So why is the market hovering your all-time highs?
0:36.5	We're going to discuss that.
0:37.4	Plus, my crime set to report earnings in just a few minutes. Will the company's results? why is the market hovering your all-time highs? We're going to discuss that.
0:41.7	Plus, Micron said to report earnings in just a few minutes. Will the company's results justify its 53% run in the past two months? And Strategy Chairman Michael Saylor, his take
0:49.9	on the move in crypto, specifically Bitcoin, the future of a Bitcoin reserve, strategy's recent
0:55.3	stock volatility, and more.
0:57.4	Well, let's start with Christina Parts of Nevelis tracking the biggest moves today.
1:00.9	Christina.
1:01.7	We're seeing somewhat mixed signals across the market today as AI.
1:04.9	The AI tried specifically cooled after days of record levels.
1:08.2	Let's start with Vertive Holdings, tumbling about 7% after Microsoft
1:11.2	unveiled breakthrough cooling technology that removes heat more efficiently than current systems.
	...

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