Fresh signs of an AI slowdown rattle markets and raise new questions about the investment boom. Capital markets feel the ripple effects as Leslie Picker examines what a slowdown could mean for the IPO pipeline. Jim VandeHei and Mike Allen, co-founders of Axios and authors of Simplify, discuss how AI is reshaping work and everyday life as Washington wrestles with the politics of the technology. KKR’s Henry McVey breaks down the market implications and whether the AI investment cycle can keep powering stocks.<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Closing Bell Overtime: AI Hits a Speed Bump 9/14/26

Closing Bell

The Bell's bringing into the trading day at the NYSE. Teva Pharmaceutical ringing the closing bell. And at the Nasdaq, Norwood Financial doing the honors. Welcome to Closing Bell Overtime. We're live from Studio B at the Nasdaq Market Site. I'm Melissa Lee along with Mike Santoli. Stock slightly lower today as the market tries to process the impact of a slower AI build out. The Dow down a little more than 150 points. S&P 500, Nasdaq Composite both down about a half a percent. Slightly bigger loss from the Nasdaq 100.

Of the Big Mag 7 hyperscalers, Google, Microsoft and Meta all gaining today as slowing spending might not be bad for them, but it would hurt NVIDIA, which lost about 3%. Other chip and memory names, including Broadcom, Micron and SanDisk also falling pretty significantly. The component parts of the AI build down. Optical gear also getting crushed. Corning down 13%, almost 14%. Even the industrial stocks hit hard. Eaton and GE Vernova losing about 8% each.

But the money is going somewhere. Software stocks are the big beneficiaries today, especially the cybersecurity names. CrowdStrike, Palo Alto and Okta all up big. And we're even seeing a safety rotation with Consumer Staples, one of the best performing sectors today. Our team is all over every aspect of this. Kate Rooney on Anthropic and OpenAI. Leslie Picker on the IPO implications. And Megan Cassell is watching what is coming out of Washington. We'll get to them in just a moment. We do want to get the first take on the close here. Mike, if we had said 5%, you know, crude oil, much higher.

Closing Bell Overtime: AI Hits a Speed Bump 9/14/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Closing Bell Overtime: AI Hits a Speed Bump 9/14/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.