Youtube·2025-10-22 21:03Alcoa Summary - Alcoa reported a slightly smaller than expected adjusted loss, with a revenue miss and adjusted EBITDA down 14% compared to the previous quarter, influenced by increased tariff costs and unfavorable currency impacts [1] - The company anticipates an increase in tariff costs on higher US imports of aluminum from Canada by approximately $50 million sequentially, which is affecting guidance [2] - Alcoa's shares are currently down about 1.5%, reflecting market reactions to the earnings report and broader economic conditions [3] Industry Insights - The industrial sector, including companies like Alcoa, is facing challenges related to critical minerals and commodity pricing, with a focus on cost control and demand fluctuations [6] - Alcoa is exploring opportunities in critical minerals, particularly gallium, which could lead to higher margins and pricing power, with potential production increases as early as 2026 [7]