The Rundown Trump Threatens New Trade War Over Greenland, Netflix Switches to All Cash for WBD Deal
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Jan 20, 2026 Stocks are on a rollercoaster as Trump's Greenland tariff threat sends shivers through global markets. Small caps are soaring to new heights, while Big Tech struggles to keep up. Tesla is poised to gain from Canada’s favorable deal with Chinese EVs, but the White House is ready to push back. Netflix shakes things up by proposing an all-cash bid for Warner Bros, igniting a bidding war. Plus, insights on RAPT Therapeutics' acquisition and the NYSE's exploration of round-the-clock trading for digital stocks!
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Greenland Threat Sparks Trade-War Risk
- Trump's Greenland tariff threat sparked fears of a new transatlantic trade war and roiled futures markets.
- The VIX jumped and gold and silver hit record highs as investors sought safe havens.
Let Earnings Guide Market Focus
- Watch upcoming earnings from Tesla, Microsoft, Meta, and Apple to see if fundamentals pull attention away from geopolitics.
- Use strong earnings as a catalyst to reassess market risk amid headline-driven volatility.
Canada Reopens Market To Chinese EVs
- Canada cut its 100% tariff on Chinese EVs to 6.1% and set an annual quota that could reach 70,000 cars.
- Tesla may get a short-term Canadian sales boost because it already imports Shanghai-built Model Ys and has retail presence there.