Business & Finance

Live updates: Day four kicks off at Davos


US President Donald Trump gave a big speech at the World Economic Forum in Davos on Wednesday.

The world's power players and top executives braced for what Trump would say — or not say — about Greenland on Wednesday. Now that the speech is done and dusted, the sun dawns on Davos, bringing forth another day of discussion on the top topics in tech, governance, and the markets.

We'll be bringing you live updates throughout day four of Davos right here. Follow along for the latest.

Newsom: 'I'm living rent-free in Trump's head'
US Governor Of california Gavin Newsom gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos on January 22, 2026.
California Gov. Gavin Newsom went hard on Trump at his morning session.

There was a bit of show-and-tell from the California governor at his morning session. He took out a set of red kneepads, which he said are meant for the CEOs who kneel to Trump. He also accused some corporate leaders — he didn't name them — of “selling out to this administration.”

No shortage of jabs at Trump, too. The governor called Trump an “invasive species,” among other things.

“I'm living rent-free in Trump's head,” Newsom said.

Musk has slammed Davos in the past

He posted negatively about the forum in 2022 and 2023.

Elon Musk will speak at Davos
Elon Musk
Elon Musk is seeking as much as $134 billion in damages from OpenAI and Microsoft

Musk is a new addition to the programme — he's now listed to speak with BlackRock CEO Larry Fink at 4:30 p.m.

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Business Insider was in the room at Trump's speech, and this is what went down

Business Insider's Ben Bergman brought us to-the-minute updates from inside the room where Trump gave his speech.

Check out the full story, too.

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Now it's Gavin Newsom's moment to shine
US Governor of California Gavin Newsom speaks to the press on the sidelines of the World Economic Forum annual meeting in Davos
Gavin Newsom at Davos on Tuesday.

Newsom sparred with Scott Bessent and, on Wednesday, stared into the camera in the middle of Trump's speech with a wry, knowing smile — giving his best imitation of Jim from “The Office.”

The California governor has also been making his rounds with the pressgiving snappy soundbites about how the Democratic Party and world leaders should best deal with the president.

This morning in Davos, Newsom will get his share of the spotlight. He's scheduled for a panel at 8:30 a.m. local time.

It was all about Trump on Wednesday
Trump Davos
Trump Davos

ICYMI, though we don't know how you could've.

After a slight hiccup in his travel plans due to an electrical fault on Air Force OnePresident Donald Trump and his team swept into Davos on Wednesday for a much-anticipated speech.

The reactions? Mixed. Business Insider was in the room for his speechand we fact-checked the president's praise for the US economy.

And after all the panic over Greenland, Trump called off his new tariffs on Europe. There's to be a “framework” in place, per an agreement with NATO, with more to come on what that'll mean.

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