Table of Contents
Quick Read
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Azure crossed $100B annually with 43% growth, and Microsoft’s commercial backlog surged 84% to $678B, explaining why markets shrugged off AI safety calls.
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Progressive fell 5% and Sherwin-Williams dropped 12% over the past year as housing starts slid 12% and consumer sentiment hit a recessionary 55.
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Trump’s ‘whoever wins, AI wins’ framing directly counters Manchin’s push for an executive order freezing AI IPOs until federal safeguards are established.
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Monday morning, hours after public radio spent its morning walking through an open letter asking the AI industry to slow itself down, President Trump told CNBC the opposite: “We’re leading China in AI. We’re the most sophisticated country in the world. And frankly, I want to keep it that way because whoever wins, AI wins.” Ninety minutes later, shares of Microsoft (NASDAQ:MSFT) were changing hands at $498.70, and Polymarket bettors were pricing 84.5% odds that the stock would close green.
Slowdown Chorus Meets a Bid
The safety chorus was unusually loud for a Monday. Anthropic chief executive Dario Amodei published a weekend essay urging peers to “slow the pace of AI research”, proposing common safety standards, cooperation with authoritarian governments, and third-party safety monitors positioned inside AI companies. Sam Altman called it a “great idea” and Elon Musk posted “Dario’s right.” On CNBC, Evercore founder Roger Altman called AI the greatest threat facing the world. Forty minutes later, former Senator Joe Manchin urged Trump to use an executive order to halt AI-company IPOs until safeguards are in place.
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Microsoft’s own chief executive, Satya Nadella, split the difference in a way that tells you where the money sits. He warned that third-party safety officials could compromise customer data and trade secrets. Congress, meanwhile, offered the political equivalent of a shrug: House Minority Leader Hakeem Jeffries called for “decisive action” without a timetable, and Speaker Mike Johnson urged caution.
