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Alcoa posts record Q2 revenue but misses EPS estimates, lowers alumina production forecast for 2026

Company Fundamentals
17 Jul 2026
Gordon Thompson
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Bearish
Alcoa posts record Q2 revenue but misses EPS estimates, lowers alumina production forecast for 2026

Alcoa Corporation reported record revenue of $3.97 billion in Q2 2026 but missed earnings per share estimates, posting $2.12 versus the expected $2.25. The company also slightly missed revenue forecasts and lowered its full-year alumina production guidance to 9.5-9.6 million metric tons, signaling challenges in the aluminum market. Despite mixed results, Alcoa maintains strong financial health with a low debt-to-equity ratio and solid current ratio, indicating resilience amid industry shifts.

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PAID token crashes over 45%, market cap drops below $14M in 24 hours

PAID token crashes over 45%, market cap drops below $14M in 24 hours

The PAID Network token (PAID), linked to the Solana ecosystem, experienced a sharp decline of more than 45% within 24 hours. This steep drop reduced its market capitalization to approximately $13.82 million. Such a significant contraction in market v...

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Circle freezes $201K in crypto linked to Bitget theft, blocking transfers between Noble and Ethereum.

Circle freezes $201K in crypto linked to Bitget theft, blocking transfers between Noble and Ethereum.

Circle has frozen approximately $201,000 in cryptocurrency connected to the Bitget theft after working with investigator tanuki42. The funds are stuck between the Noble network and Ethereum due to a locked transfer quota in Circle's Cross-Chain Trans...

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Crypto whale sells 25,001 Zcash, nets $27M profit after two months

Crypto whale sells 25,001 Zcash, nets $27M profit after two months

A crypto whale sold 25,001 Zcash (ZEC) tokens worth $37.84 million after holding them for about two months. The tokens were acquired at an average price of $425 each, resulting in a profit of over $27 million from the sale. This transaction highlight...

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Whale sells 25,001 Zcash worth $37.84M, adding selling pressure to privacy coin market

Whale sells 25,001 Zcash worth $37.84M, adding selling pressure to privacy coin market

A blockchain address sold 25,001 Zcash tokens valued at about $37.84 million on September 29, after holding them for roughly two months. The tokens were originally bought at an average price of $425 each, generating over $27 million in profit from th...

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New wallet buys $4.91M in ENA tokens as price jumps 56% in a month

New wallet buys $4.91M in ENA tokens as price jumps 56% in a month

A new cryptocurrency wallet acquired 18.84 million ENA tokens valued at approximately $4.91 million, with the token price cited at $0.2607. ENA's price has surged 56% over the past month, indicating strong investor interest and momentum. This signifi...

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