The 5 things you need to know before the stock market opens today: Saks Global is filing for bankruptcy and bringing in a new CEO, Coca-Cola is scrapping plans to sell its Costa Coffee chain, Tesla will only offer its “full self-driving” feature as a monthly subscription, Japanese stocks hit a record high, and AI chip company Cerebras Systems is in talk to raise $1 billion dollars in a new funding round at a $22 billion valuation. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format.