AAPL, KO, PM Stocks Soar to New Heights on Strong Earnings

Apple Inc. (AAPL) reached an all-time high of $342.89 on Tuesday after its market capitalization briefly topped $5 trillion during trading hours, making it the second company to achieve this milestone.

The iPhone maker is gearing up for a significant push into the smart home market with plans to launch a Siri-powered AI home hub, an updated Apple TV, and a HomePod mini.

Coca-Cola Co. (KO) also hit an all-time high of $90.22 on Tuesday after its second-quarter results beat Wall Street expectations, with revenue rising 6% to $13.37 billion and adjusted earnings per share growing 16% to $1.03.

Philip Morris International Inc. (PM) stock jumped to a record high of $207.76 on Tuesday following the opening of its Aurora, Colorado manufacturing campus, an investment of about $1.2 billion from 2024 to 2028.