Alcoa's shares rose 8% following a Q3 earnings beat with adjusted earnings of $1.82 per share, surpassing estimates, despite slightly missing revenue forecasts. The company also agreed to sell part of its New York Massena East site for data center development, potentially generating up to $315 million in proceeds. While aluminum prices remain soft, Alcoa benefits from tightening alumina supply outside China and ongoing production improvements. Investors will watch the AliGroup acquisition and asset sale progress, with some cost pressures expected in Q4 2026. Meanwhile, United States Antimony shares jumped 10% on defense contract strength, outpacing broader market gains.
As of Oct 16, 2026 22:21 WIB, Alcoa Corporation (AA) is trading at USD 43.47 on Pluang, up 7.55% for the day with a market cap of $10.67 billion. Cleveland-Cliffs (CLF) also gained, rising 3.13% to USD 12.53. Notably, Alcoa's shares show strong buying interest with 100% buy orders on Pluang at this time.
Alcoa reported a third-quarter net profit of $483 million, more than doubling from $232 million a year earlier, driven by higher production and alumina prices. Revenue rose 24% year-on-year to $3.70 billion but fell 7% from the previous quarter due t...
Alcoa will release its Q3 2026 earnings on October 15, with analysts divided on earnings per share and revenue forecasts due to factors like rising aluminum sales, inventory changes, and higher input costs. The company expects a 54.9% jump in aluminu...
South32 shareholders are voting on an $8 billion deal to sell aluminium and alumina assets to Alcoa, marking a strategic shift towards higher-growth base metals like copper and silver. The sale includes major stakes in Worsley Alumina and other facil...
