Good morning. On Fortune’s radar today:
Markets: Full steam ahead! Wall Street simply doesn’t believe Kevin Warsh can deliver a cut. AI data center companies are stealing water. There is no jet fuel shortage, this CEO says. It took 8 years to create Google Sheets. AI cloned it in days. Chart: AI is a convenient excuse for CEOs doing layoffs.Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it.Sign up here.
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