Boeing Surges 6%, Coca-Cola Gains 4% as Money Rotates Out of AI into Defensive Stocks
On July 28, 2026, Boeing (NYSE:BA) and Coca-Cola (NYSE:KO), two Dow Jones Industrial Average components, saw significant gains amid a broader rotation out of AI-heavy growth stocks. Boeing shares rose by 6% following better-than-expected free cash flow results despite reporting an adjusted loss per share wider than anticipated due to charges related to the Air Force One program. Coca-Cola gained 4%, marking its best day since February 2009, after posting a fifth consecutive earnings beat and raising full-year guidance. The company reported strong volume growth across several product lines and improved revenue performance year-over-year. Both stocks contributed positively to the Dow Jones ETF (DIA), which rose by 1.3% as investors shifted capital toward defensive names like McDonald's and Procter & Gamble. The NASDAQ 100 fell slightly, reflecting a broader market shift away from high-growth AI-related sectors into more stable cash-flow generating companies.
Topics: Boeing Coca-Cola Dow Jones Earnings Stock Movement