Adobe, MetLife, Oxford Industries, and More | Global News Avenue

Major U.S. stock indexes were little changed at midday Thursday, edging lower after a report Wholesale inflation rises faster than expected November. The Dow, S&P 500 and Nasdaq all fell.

Adobe (Adebe) where the software manufacturer gives a Outlook weaker than expectedcausing people to worry because Artificial Intelligence (AI) Demand may be delayed.

Shares of Oxford Industries (Oxman) sinks after the parent company of Tommy Bahama, Lilly Pulitzer and Johnny Was clothing brands post unexpected losses Sales were lower due to hurricanes and inflation, and guidance was slashed.

Nucor Corporation’s stock (Urea utilization), Steel Dynamics (STLD) and commercial metals (sodium carboxymethyl cellulose) shares plunged after UBS downgraded all three steelmakers.

MetLife (Met) share obtained by insurance providers Launch of new five-year strategic plan Designed to improve profits and return on equity, reduce costs and increase free cash flow.

Kroger’s stock (South Korea) and Albertson (ACI) advanced after Albertsons Termination of Merger Agreement The company teamed up with rival grocers after a judge ruled to block the proposed $20 billion deal.

Warner Bros. Discovery Channel (World BD) when the media group said it was divided into two independent departmentsone focused on global linear television and the other on streaming and studio businesses.

Oil and gold futures fell. The yield on the 10-year Treasury note is higher. The dollar rose against the pound but fell against the euro and yen. Prices rose for most major cryptocurrencies.