Crypto scams are on the rise.

"We are clearly witnessing an uncomfortable pile up of negative news (for Tesla) from ratings to polarizing political opinions and ethical questions," said Jefferies analyst Philippe Houchois.

The Fed's suggestion of an autumn pause in rate hikes has stocks on the move Thursday, but growth concerns are keeping bond yields low while adding a degree of caution to the early market rally.

Elon Musk has closed out his margin loans, linked to Tesla shares, and pledged another $6.25 billion in equity to fund his $44 billion takeover of the social media website.

Stock futures higher on Fed minutes follow-through; Nivida slumps as muted gaming outlook clouds solid Q1 earnings; Twitter leaps as Elon Musk adds more equity to takeover bid; Apple slides on report of flat iPhone production for 2022 and Snowflake slumps after Q1 customer growth, margins disappoint

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.