Tesla Plans $25B Robotics Spend, Shares Slip

US stock futures fell Thursday, with Dow down 351 points (0.7%), S&P 500 down 35 points (0.5%), Nasdaq 100 down 126 points (0.5%).
Tesla beat Q1 earnings but shares fell after announcing >$25 billion spend on robotics and autonomous driving, up from $20 billion capex forecast.
Comcast rose as Q1 broadband churn was lower than expected; IBM fell on software revenue slowdown; Honeywell warned of Iran‑related disruptions.
American Airlines and American Express posted better‑than‑expected Q1 results, boosting their stocks; Lockheed Martin fell after $291 million negative free cash flow.