Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

It's good to be with you on this Wednesday, April 15th, Tax Day. I'm Julie Morgan.

Caterpillar has acquired agricultural technology startup Monarch Tractor.

This is according to Bloomberg News news who reported it on Tuesday,

citing people familiar with the matter. Monarch disclosed in a recent LinkedIn post that its

technology had been purchased by a large equipment manufacturer, but did not name the buyer.

Sources indicated that Caterpillar was behind the deal,

though neither company publicly confirmed the transaction.

The California-based startup known for developing self-driving electric tractors

had faced operational changes and cut jobs recently.

In its statement, Monarch said it would pivot away from manufacturing complete vehicles

and instead focus on licensing its technology for use in tractors and other heavy equipment.

The acquisition would align with Caterpillar's core business and construction and industrial

machinery, an area where automation and electrification are becoming more prominent.

Lawmakers in Maine have passed a bill to impose a statewide data center moratorium, making it the

first U.S. state to do so. The bill would block approvals for data centers with a load of 20 megawatts or more until late

2027, while a state-appointed council evaluates the facility's environmental and electric grid impacts.

This all comes amid mounting concerns over AI infrastructure's impact on the power grid and the

environment. It's important to note that

Maine's residential electricity rates are among the highest in the U.S. The bill is now headed to

Governor Janet Mills desk for signing. St. Charles, Missouri, last year, became the first U.S.

city to pass a data center moratorium. States such as Virginia, Georgia,

...