Fri, Mar 29, 2024 2:47 PM
Surging prices shift investors towards under-construction properties
A Flip by Riya Sharma
Ball Corporation BALL reported better-than-expected first-quarter earnings on Friday. Ball posted adjusted earnings of 68 cents per share, beating market estimates of 56 cents per share. The company's quarterly sales came in at $2.87 billion, versus estimates of $3.24 billion, according to data from Benzinga Pro. “We delivered strong first quarter results.
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Wall Street's main indexes opened higher on Monday as Tesla and Apple led gains in megacap companies, while investors exercised caution ahead of the Federal Reserve's interest rate decision later in the week. The Dow Jones Industrial Average rose 42.5 points, or 0.11%, at the open to 38,282.16. The S&P 500 rose 14.2 points, or 0.28%, at the open to 5,114.13.
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On Thursday, Microsoft Corporation MSFT issued its third quarter earnings report. Year to date, Microsoft shares are 10% up, behind its tech rivals, Google parent Alphabet GOOGGOOGL and Amazon.com Inc AMZN that are 15% and 22% up, respectively, with the three locked in a battle to show who can offer the most comprehensive AI solutions.
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