Donald Trump says "STRONG AND SMART (High IQ!) PRESIDENT" on AI leadership

Global AI shares fell Monday after several industry leaders urged a slower, safety-focused development pace, with Anthropic CEO Dario Amodei warning about risks from advanced systems; Elon Musk and OpenAI's Sam Altman backed the idea. Nvidia, SpaceX, SoftBank and key Asian chipmakers declined. At the same time, rising oil prices pushed the 10-year Treasury yield briefly to 5%, and investors expected a Federal Reserve rate increase. President Donald Trump responded on social media Monday by rejecting the idea that his administration should curb AI, saying he feared losing the U.S. advantage to China and that the country already had the presidential leadership needed to handle the technology's dangers. Market losses were partly offset by gains in software and oil stocks.