
- In today’s CEO Daily: Diane Brady breaks down Netflix’s blockbuster deal for Warner Bros. Discovery.
- The big story: China’s trade surplus surpasses $1 trillion.
- The markets: Mixed, with U.S. futures edging up.
- Plus: All the news and watercooler chat from Fortune.
Good morning. There’s a lot of debate over last week’s surprise announcement that Netflix struck an $83 billion deal to acquire Warner Bros. Discovery. President Donald Trump said Sunday that their combined market share “could be a problem,” and the deal will face international scrutiny, too. Some takeaways so far: