Stock Indexes Rise at Open After S&P 500, Dow Snap 4-Session Skids; Oracle Leads Tech Shares Higher

What Is the ‘Warrior Dividend’? Trump’s Proposed $1,776 Checks for Military Personnel, Explained

1 hr 30 min ago

Select military members will be eligible to receive one-time checks worth $1,776 from the federal government this holiday season.

On Wednesday evening, President Trump unveiled a $1,776 tax-free benefit, known as the ‘Warrior Dividend,’ for 1.45 million military service members. The benefit amount is intended to pay homage to the year the nation was founded: 1776.

“We made a lot more money than anyone thought because of tariffs. And the bill [the One Big Beautiful Bill] helped us along. Nobody deserves it more than our military,” said Trump in the announcement.

The details of exactly how the ‘Warrior Dividend’ will be funded are scarce.

President Trump said Wednesday night that the ‘Warrior Dividends’ will be paid for with revenue collected from tariffs as well as the One Big Beautiful Bill.

Likewise, in a video posted on the Department of War’s (formerly known as the Department of Defense) website, Pete Hegseth, Secretary of War, implies that the benefit will be funded by provisions in the One Big Beautiful Bill Act.

Read the full article here.

–Trina Paul

What to Know About the Deal Giving American Investors a Big Stake in TikTok

1 hr 58 min ago

TikTok finally has a deal.

CEO Shou Zi Chew told employees in an internal memo that ByteDance, the social media platform’s Chinese parent company, has agreed to create a joint venture granting a group of American investors a controlling stake in TikTok, Axios and Bloomberg reported late Thursday.

The joint venture’s investors will reportedly include cloud computing giant Oracle (ORCL), private equity firm Silver Lake and Abu Dhabi-based MGX, which combined are set to own a 45% stake.

ByteDance will retain a 20% stake, with close to one-third held by affiliates of ByteDance investors. The agreement is expected to close on Jan. 22.

Oracle declined to comment. TikTok, Silver Lake, and MGX did not respond to Investopedia’s requests for comment in time for publication.

Read the full article here.

–Kara Greenberg

Winnebago Industries Sees Benefits of Portfolio ‘Increasingly Aligned to Where Consumers Are Spending’

2 hr 40 min ago

Winnebago Industries (WGO) found a way to overcome what its chief executive said was “macroeconomic uncertainty persisting and industry short-term retail demand still tempered.”

The RV maker easily topped analysts’ expectations in its fiscal 2026 first quarter and lifted its full-year outlook, sending shares soaring 12% in premarket trading Friday.

Winnebago reported adjusted earnings of $0.38 per share, nearly quadruple the $0.10 per share Visible Alpha consensus estimate. It also reported a GAAP profit of $0.19 per share when analysts were expecting a loss of $0.04 per share. Revenue of $702.7 million increased 12% year-over-year and comfortably topped projections of $633.5 million.

“Winnebago Industries performed ahead of our expectations in the first quarter and demonstrated clear progress on our priorities,” CEO Michael Happe said. “Although the retail demand environment is dynamic and dealer order patterns remain highly seasonal, we delivered meaningful top-line growth and margin expansion in both our Motorhome and Towable RV segments.”

Following the strong quarter, Winnebago lifted its guidance for revenue, EPS, and adjusted EPS. “As industry demand gradually recovers, the margin and efficiency improvements we are executing, together with new product offerings, enhance our competitive position and provide a solid foundation for second half success in Fiscal 2026, which is reflected in our positive, but still disciplined guidance outlook,” Happe said.

Entering Friday, Winnebago Industries shares were down about 15% this year.

Stock Futures Point Higher After S&P 500, Dow Snap 4-Session Skids

3 hr 26 min ago

Futures contracts associated with the Dow Jones Industrial Average were little changed.

S&P 500 futures were up 0.2%.

Nasdaq 100 futures advanced 0.4%.