Boeing and Coca-Cola shares surged, the Dow rose, and funds flowed out of AI-related stocks
Boeing’s stock rose 6% after its second-quarter free cash flow exceeded expectations; Coca-Cola’s stock rose 4% as it beat earnings estimates for the fifth consecutive quarter and raised its full-year guidance.Driven by these gains, the Dow Jones Industrial Average rose, while the AI-heavy Nasdaq 100 (NASDAQ 100) fell, indicating that capital is rotating from AI-related growth stocks to traditional economic stocks.
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