☕ Rise of the clones

Morning Brew··11 min read
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Morning Brew covers Hollywood's opposition to Paramount's $111 billion takeover of Warner Bros Discovery, with over 1,000 creators expressing concerns about job losses and reduced movie releases. The newsletter also reports on the US beginning its blockade of Iranian ships in the Strait of Hormuz, while President Trump claims Iran wants a peace deal. Markets surged on hopes of an Iran peace deal, with Oracle leading gains in software stocks.

Key Facts

Over 1,000 Hollywood creators including Ben Stiller and Joaquin Phoenix oppose Paramount's $111 billion takeover of Warner Bros Discovery citing job loss fears.
The US began blocking Iranian ships in the Strait of Hormuz while Trump claims Iran reached out for peace talks.
Goldman Sachs kicked off earnings season with record $5.63 billion profit while Oracle surged 12.70% on software rally hopes.

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☕ Rise of the clones — Morning Brew | subtl