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Morning Brew··9 min read
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Morning Brew covers growing opposition to AI data centers with violent incidents in Indianapolis, state-level moratorium proposals led by Maine, and President Trump's two-week Iran ceasefire agreement. The newsletter also highlights Bill Ackman's $64.4 billion bid for Universal Music Group and market reactions to geopolitical tensions.

Key Facts

Maine is expected to pass legislation placing a moratorium on data centers consuming more than 20 megawatts, with nine other states considering similar bans amid growing backlash including violent incidents.
President Trump agreed to a two-week ceasefire with Iran subject to reopening the Strait of Hormuz, averting his 8pm deadline threat to bomb the country.
Bill Ackman's hedge fund Pershing Square is offering $64.4 billion to acquire Universal Music Group, which would then list on the New York Stock Exchange instead of Euronext Amsterdam.

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