Coca-Cola Earnings Beat Expectations; Boeing Reports Wider Loss
Transportation sector stocks are under scrutiny as Boeing reported a wider-than-expected quarterly loss due to costs from its delayed Air Force One program. UPS and JetBlue, however, outperformed expectations with strong results and outlooks. Coca-Cola shares rose over 3% after the company beat earnings forecasts and raised its full-year guidance, driven by resilient demand and successful marketing campaigns. Brent crude oil prices fell below $90 per barrel for the first time in months amid a pause in U.S.-Iran tensions, though this did not spark broad market gains. Semiconductor stocks continued to drag on tech-heavy indices like the Nasdaq Composite. Investors are also watching Ford's upcoming earnings report and interviews with CEOs of Boeing, UPS, and JetBlue scheduled for today. OpenAI CEO Sam Altman recently met with U.S. President Donald Trump at the White House as part of discussions around AI infrastructure investment.
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Topics: Boeing Earnings Reports JetBlue Transportation Sector UPS