U.S. stock futures moved in different directions on Thursday, with enthusiasm for a potential U.S.-EU trade agreement supporting hopes for new market highs, even as investors reacted to quarterly results from tech giants Alphabet (NASDAQ:GOOG) and Tesla (NASDAQ:TSLA).

The average Wall Street price target for Tesla (NASDAQ: TSLA) is currently $299.56 per share. That implies a 10% downside potential over the next 12 months. Typically, analysts predict that stock prices will rise in the future. But not Tesla. What is making analysts so bearish? There's one obvious factor.

Nasdaq beat Wall Street estimates for second-quarter profit on Thursday, as volatile markets boosted trading volumes while first-half listings on its eponymous exchange hit their highest since 2021.

MrBeast’s new CEO is hitting Wall Street as YouTuber Jimmy Donaldson’s media empire looks to develop long-term brand partnerships and, in turn, unlock more funding for its charitable content.

And Wall Street’s “fear gauge,” the VIX, exploded to rare heights… On April 8, the VIX closed above 50. We’ve only seen this level or higher in 2008, 2009, and 2020.

The S&P 500 and Nasdaq notched record high closes on Wednesday, lifted by Nvidia and GE Vernova, as the European Union and the U.S. appeared headed toward a trade deal similar to an agreement President Donald Trump struck with Japan.