Quick Read – Boeing surged 6% on a $631M free cash flow beat while Coca-Cola jumped 4% on its fifth straight earnings beat and raised full-year guidance. – The DIA Dow Jones ETF gained 1.3% as McDonald’s and Procter & Gamble joined a broad Dow rotation while the NASDAQ 100 fell…
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Two Dow Jones blue chips are stealing the spotlight Tuesday afternoon as money rotates out of AI-heavy growth names. Boeing (NYSE:BA) shares are up 6% to $223.18, while Coca-Cola (NYSE:KO) shares are up 4% to $87.72, powering the Dow while the NASDAQ 100 slips. The SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) is tracking the Dow and is up 1.3%, with the S&P 500 up 0.49% and the NASDAQ 100 down 0.48%.
Meanwhile, Coca-Cola stock is on pace for its best day since February 2009. Coca-Cola: The Defensive Anchor Coca-Cola posted an earnings beat and lifted its outlook. The company’s adjusted EPS came in at $0.97 versus a $0.9323 consensus, with revenue of $13.38 billion, up 6.7% year over year (YoY).