This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Breaking news this morning: Netflix submitted an all-cash offer for Warner Bros. Discovery 's assets, the latest twist in the fight for the media giant's studio and streaming businesses. CNBC reported last week that Netflix was likely to adjust its bid. Stock futures are cratering this morning as investors dump U.S. assets. The three major indexes are coming off a losing week. Here are five key things investors need to know to start the trading day:
1. Hitting the slopes
A policeman wearing camouflage clothing stands on the rooftop of a hotel near the Congress Centre during the World Economic Forum (WEF) annual meeting in Davos, on January 20, 2020. Fabrice Coffrini | Afp | Getty Images
While some of us were sleeping in over the holiday weekend, many of the biggest names in business and politics trekked to Davos, Switzerland for the World Economic Forum's annual summit that kicked off yesterday. Here's what to know: This year's theme is "The Spirit of Dialogue," but the WEF has warned that the world is entering a new era where "trade, finance and technology are wielded as weapons of influence."
Ahead of the meeting, surveyed business leaders said they were most worried about geoeconomic issues and the spread of misinformation in the short-term.
CNBC's "Squawk Box" is on the ground in Davos and will have interviews with some of the summit's top attendees, such as Amazon Microsoft
Tomorrow, CNBC's Joe Kernen will interview President Donald Trump, who will make his first in-person visit to Davos since 2020. The president is set to address the forum on Wednesday amid fresh tariff threats and heightened international tension over his push to acquire Greenland.
U.S. Treasury Secretary Scott Bessent, who is also in Davos, told CNBC this morning Trump is showing that the U.S. is "back."
While the event is seen as a hub for dealmaking and networking, some key figures such as Danish government representatives and Chinese President Xi Jinping are not expected to attend.
2. Tit for tat
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