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Major U.S. indexes edged higher at midday Thursday as a report showed the latest wholesale inflation figures were in line with economists' expectations. The S&P 500, Nasdaq, and Dow all advanced.

Kroger (KR) shares rose after the biggest U.S. grocery chain beat profit estimates and boosted its guidance as price cuts brought in more budget-conscious shoppers.

Warner Bros. Discovery (WBD) shares jumped as the media company struck a new distribution deal with Charter Communications (CHRT). Charter Communications shares gained as well.

Shares of Newmont (NEM) and rival gold miners rose as the price of the precious metal hit an all-time high.

Moderna (MRNA) shares plunged after the vaccine maker said it was slashing its research and development spending.

Shares of Micron Technology (MU) dipped after BNP Paribas Exane gave the stock a double downgrade, warning the chipmaker is lagging behind rivals in artificial intelligence products (AI).

Shares of Tommy Bahama owner Oxford Industries (OXM) fell after the apparel maker reported weaker-than-expected results and slashed its guidance amid a “challenging consumer environment.”

Oil futures climbed and the yield on the 10-year Treasury note was higher. The U.S. dollar gained on the yen but lost ground to the euro and pound. Most major cryptocurrencies traded in the green. 

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Rappers Cardi B and Offset have joyfully welcomed their third child together.

The couple has share the beautiful picture of the family with the new born.

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Adobe (ADBE) is scheduled to release its fiscal third-quarter results after the bell Thursday, with investors likely watching to see whether the company can build on its momentum with artificial intelligence (AI). 

Analysts expect the software company to post third-quarter revenue of $5.37 billion, up 10% year-over-year, according to estimates compiled by Visible Alpha. Net income is projected to rise 12% to $1.57 billion, or $3.51 per share. 

Adobe’s Digital Media arm, which includes Creative Cloud subscriptions, delivered net-new annualized recurring revenue (ARR) of $487 million in the second quarter, up from $470 million a year earlier. The gains helped Adobe post better-than-expected results, sending shares up over 14% the day after the numbers landed.

Analysts are projecting a slight decline in net new Digital Media ARR in the third quarter, to $462 million, according to Visible Alpha. Oppenheimer analysts suggested investors could still see a “reacceleration” of the measure in the second half of the year.

Investors will also likely watch for updates on the monetization of Adobe’s AI offerings, with the company previously noting that many Creative Cloud subscribers are upgrading their plans to access Firefly, its generative AI model. In addition to Firefly, the company introduced generative AI into Document Cloud as well as Adobe Express for business. 

The company may also unveil new AI services at its Adobe MAX conference in October. Oppenheimer analysts said they expect the possible reveal of “generative video, editing, and audio dubbing solutions approaching beta.”

Shares of Adobe have surged nearly 26% since the company released its stronger-than-expected results for the second quarter, though they've still lost roughly 3% this year so far.

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A lady has shared her thoughts on being referred to as ‘Our Wife.

She said it’s better you call her a thi£f than being referred to as our wife.

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Kroger (KR) shares surged Thursday after it better-than-expected adjusted profit for the second quarter.

The supermarket chain posted adjusted earnings per share (EPS) of $0.93, topping the $0.91 consensus estimate of analysts polled by Visible Alpha. Diluted EPS of $0.64 and revenue of $33.91 billion missed expectations.

Kroger affirmed most of its full-year outlook, while lifting the floor for its same-store sales growth projection, excluding fuel, to 0.75% from 0.25%. Chief Financial Officer (CFO) Todd Foley said the chain's "positive customer trends are driving sales momentum that we expect to continue in the second half of the year."

Kroger did not provide a substantial update to its progress in addressing regulatory concerns over its $24.6 billion merger with Albertsons (ACI). Chief Executive Officer (CEO) Rodney McMullen said the company is "confident in the facts and the strength of our position" as Kroger fights the Federal Trade Commission (FTC)'s attempts to halt the merger.

Kroger shares rose more than 6% to $54.80 in late-morning trading Thursday and are up about 20% this year.

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A man who went missing due to the flood in Maiduguri has reportedly been found d3ad hours later.

The man was last seen yesterday afternoon wearing blue Jallabiya behind Lagos house.

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