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Alcoa Plunges Most In Year After CFO Warns Alumina Unit "Will Be Underwater" Amid Hormuz Disruption

Alcoa Plunges Most In Year After CFO Warns Alumina Unit "Will Be Underwater" Amid Hormuz Disruption Alcoa shares in New York were hammered the most in over a year on Wednesday after CFO Molly Beerman warned investors that the company's alumina segment faces heavy losses from the energy shock and ongoing disruption at the Hormuz maritime chokepoint. Beerman was blunt with investors while giving a presentation at the Wells Fargo Industrials & Materials Conference. She said, "Our alumina segment is very pressured right now," adding, "The segment as a whole will be...
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Aug 10, 2026 / Tyler Durden
Poland's Conservatives Propose Deporting Unemployed Ukrainian Men Of Military Age
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From "Don't Be Evil" To Drone King: Eric Schmidt's Interceptors Deployed With U.S. Troops
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Feb 17, 2026 / Wanjiru Njoya
Why We Should Repeal the Civil Rights Act
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