Coca-Cola Surges 6% After Q1 Earnings Beat, Boosting Defensive Stocks

Coca-Cola (KO) stock rose 6% following a Q1 2026 earnings beat, with $0.86 EPS and 12% revenue growth. The performance triggered a defensive rotation, lifting peers like PepsiCo (PEP) and Keurig Dr Pepper (KDP). The move comes amid a shift from AI stocks to consumer staples.

By David Moadel Tue, April 28, 2026 at 8:39 PM GMT+3 4 min read · Yahoo Finance ·

Coca-Cola Surges 6% After Q1 Earnings Beat, Boosting Defensive Stocks

Tickers: $KDP $KO $NVDA $PEP

Topics: AI Rotation Consumer Staples Defensive Stocks Earnings Beat Stock Performance

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