U.S. Stock Indices Open Lower, Tesla Drops Over 3% After Earnings

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On April 23, U.S. stock indices opened lower, with the Dow Jones down 0.3%, the S&P 500 down 0.3%, and the Nasdaq down 0.5%. Tesla (TSLA.O) fell 3.1% after the company raised its capital expenditure forecast for 2026 to over $25 billion, exceeding market expectations. Netflix (NFLX.O) rose 0.2% as the company announced a plan to buy back $25 billion in stock. IBM (IBM.N) dropped 8% due to a slowdown in revenue growth in the first quarter, while Microsoft (MSFT.O) fell 2.8% and Adobe (ADBE.O) declined 4.7%.

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