MSFT Falls 3.7% as Trump AI Order Eyes Trusted Partners

On June 3, 2026, attention shifted to Microsoft, Oracle and Palantir as potential 'trusted partners' under President Trump's new AI executive order, which launches a 60-day process to define frontier models and grant early access. The order remains voluntary and avoids mandatory licensing, yet markets reacted with MSFT trading at $424.83 (-3.73%), ORCL at $229.09 (-6.33%) and PLTR at $142.97 (-6.05%). The move follows the June 2 order that initially highlighted Cisco, Alphabet and Nvidia as beneficiaries of pre-release AI cybersecurity testing and a new federal clearinghouse.