Greenland talks, oil's retreat, the latest on the Netflix-WBD deal and more in Morning Squawk

Good morning! In today's market update, we explore significant developments affecting investors as the trading day begins. Following a challenging previous session, S&P 500 futures have shown an uptick this morning, signaling a potential rebound. Despite a positive inflation report, the index faced declines yesterday due to losses in banking and tech sectors, marking a second consecutive day of downturn. In earnings news, Goldman Sachs and Morgan Stanley have just released their fourth-quarter financial results. Goldman Sachs reported earnings of $14.01 per share with revenue at $13.45 billion, though it's unclear how this aligns with Wall Street's expectations. Conversely, Morgan Stanley exceeded analysts' predictions, resulting in a pre-market share increase of over 2%. On the geopolitical front, a recent White House meeting involving U.S. officials and leaders from Denmark and Greenland did little to alleviate ongoing tensions. Former President Trump expressed that U.S. control over Greenland is crucial, while Danish Foreign Affairs Minister Lars Lokke Rasmussen emphasized that any plans that overlook Greenland's self-determination would be unacceptable. Greenland's foreign minister reiterated the territory's desire for cooperation without compromising its autonomy. Notably, five NATO nations are set to deploy troops to Greenland for joint military exercises following these discussions. In the media landscape, Netflix is reportedly reconsidering its acquisition strategy for Warner Bros. Discovery, potentially shifting to an all-cash offer to expedite shareholder approval. This update follows recent legal challenges faced by Paramount Skydance against WBD in a hostile takeover attempt. Lastly, in technology news, former President Trump confirmed that the U.S. will permit the sale of Nvidia's H200 AI chips to China, albeit with a 25% tax. However, uncertainty lingers over whether these chips will be accepted by Chinese customs, which recently indicated restrictions on their importation. Stay tuned for more insights throughout the day as these stories develop.