This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.
Happy Thursday. Nike’s Since it was my first pickleball deal, I figured I should get the paddle out of the closet and start practicing.
I’ll be spending tonight with some of my readers on CNBC Pro Live on the New York Stock Exchange, so you’ll hear from my colleague Josephine in tomorrow’s issue. If you’re one of the attendees tonight, we’d love to hear from you.
S&P 500 futures are rising this morning after yesterday’s negative session.
Here are five important things investors need to know to start their trading day.
1. Check for bounces
Television broadcasts U.S. President Donald Trump during a NATO press conference on the floor of the New York Stock Exchange (NYSE) on Wednesday, June 25, 2025, in New York, USA.
Michael Nagle | Bloomberg | Getty Images
Despite another encouraging inflation report. S&P500 It closed lower yesterday. Banking and technology stocks both fell, sending the benchmark into the red for the second day in a row.
Here’s what you need to know:
2. Bank statement
goldman sachs and morgan stanley This morning, major banks announced their fourth quarter results, capping off a busy week of earnings reports.
Goldman earned $14.01 per share on revenue of $13.45 billion. It was not immediately clear whether those numbers would match Wall Street’s respective expectations of $11.67 and $13.79 billion per share. Stock prices fluctuated wildly in pre-market trading following the announcement.
Morgan Stanley, on the other hand, beat analyst estimates in both areas for the quarter. Stocks rose more than 2% before the bell.
3. Pledge of Allegiance
On January 14, 2026, Danish Foreign Minister Lars Lökke Rasmussen and Greenlandic Foreign Minister Vivian Motzfeld meet with Senator Angus King (I-Minn.), Lisa Murkowski (R-Ariz.), and Sen. Ruben Gallego (D-Ariz.) in President King’s office in the U.S. Capitol Building in Washington, DC, on January 14, 2026.
Nathan Howard | Reuters
A meeting between senior government officials and the leaders of Denmark and Greenland at the White House yesterday appeared to have done little to ease tensions between the United States and the two countries.
Ahead of the meeting, President Trump said on social media that anything other than U.S. control of Greenland was “unacceptable.” However, Danish Foreign Minister Lars Lökke Rasmussen said after the meeting that any plan that does not respect Greenland’s right to self-determination is “totally unacceptable.” He said Denmark and the United States had “agreed to disagree” and would “continue the dialogue.”
Greenland’s Foreign Minister Vivian Matzfeldt said the Danish territory wants to “intensify cooperation” with the United States, but “that doesn’t mean we want to become American property.” Five NATO members announced after talks at the White House that they would send a small number of troops to Greenland for joint military exercises.
4. Put your money where your mouth is.
A photo of Netflix headquarters in Hollywood, California on December 5, 2025.
Patrick T. Fallon | AFP | Getty Images
Netflix likely to change its acquisition proposal for Warner Brothers Discovery CNBC’s David Faber reported yesterday that the assets will be an all-cash transaction.
The arrangement will allow WBD shareholders to vote to approve the proposal more quickly, the people said. This means the vote could be moved up from the current expectation of spring or early summer to as early as late February or early March.
The report came just two days later paramount skydance announced that it would sue WBD as it attempts to take over the media giant through a hostile takeover. Paramount also announced plans to launch a proxy fight.
5. Supply and demand
8 GPU Nvidia HGX system with Nvidia H200 chip.
Nvidia
President Trump announced yesterday that the United States Nvidia’s The H200 AI chip will be provided to China, which previously announced a 25% cut to the US government. “It’s not the highest level, but it’s pretty good,” Trump said of the chips, adding, “China wants it.”
But as CNBC’s Kif Lesswing points out, it’s unclear whether China will accept the chip, which is less powerful than other NVIDIA models. Reuters reported on Wednesday morning that Chinese customs told authorities that the H200 chip was not allowed into the country, causing shares of Nvidia and other chip stocks to fall.
daily dividend
Sen. Elizabeth Warren, D-Mass., told CNBC’s “Squawk Box” yesterday that President Trump called her to discuss the idea of capping credit card interest rates. Check out the interview here.

CNBC’s Jeff Cox, Sarah Ming, Spencer Kimball, Sean Conlon, Pia Xin, Hew Song, Kevin Brueninger, Sam Meredith, Lillian Rizzo, Kif Lesswing and Garrett Downs contributed to this report. Josephine Rozzelle edited this version.
