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NASDAQ:AA 21 October 2025

Alcoa (AA) Stock Poised for Breakout? Gallium Project, Tariff Relief & $40 Target Stun Investors

Alcoa (AA) Stock Poised for Breakout? Gallium Project, Tariff Relief & $40 Target Stun Investors

Alcoa shares closed at $37.13, with analyst 12-month targets ranging from $42 to $65. The US and Australian governments agreed to fund a gallium plant at Alcoa’s Wagerup refinery, aiming for 100 metric tons per year. Alcoa warned US aluminum tariffs could cut Q3 results by $90 million. The company will hold an Investor Day at the NYSE on Oct. 30.

Stock Market Today

  • Major Gulf Markets Fall as Middle East Tensions Rise
    June 8, 2026, 4:28 AM EDT. Stock markets in the United Arab Emirates slipped in early Monday trading, pressured by renewed Middle East conflict. Investor sentiment weakened as geopolitical instability raised concerns over regional economic prospects. The declines reflect cautious positioning amid uncertainty in a key energy-producing region.

Latest articles

SK Hynix Slips Even After Nvidia Deal as Korean AI Shares Slide

SK Hynix Slips Even After Nvidia Deal as Korean AI Shares Slide

8 June 2026
SK Hynix plunged 7.68% to 1,911,000 won despite sealing a multi-year Nvidia memory deal, as fears of a U.S. rate hike and a tech stock rout triggered circuit breakers and an 8.3% KOSPI crash, overshadowing strong AI demand and ongoing HBM supply constraints.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 08.06.2026

8 June 2026
LIVEMarkets rolling coverageStarted: June 8, 2026, 4:00 AM EDTUpdated: June 8, 2026, 4:28 AM EDT Major Gulf Markets Fall as Middle East Tensions Rise June 8, 2026, 4:28 AM EDT. Stock markets in the United Arab Emirates slipped in early Monday trading, pressured by renewed Middle East conflict. Investor sentiment weakened as geopolitical instability raised concerns over regional economic prospects. The declines reflect cautious positioning amid uncertainty in a key energy-producing region. Major Gulf markets drop amid fresh Middle East tensions Stock Index Futures Mixed as Tech Sector Recovers Post-Selloff June 8, 2026, 4:27 AM EDT. Stock index futures showed
Snap Drops 5%—Ad Recovery Eyed Next

Snap Drops 5%—Ad Recovery Eyed Next

8 June 2026
Snap closed Friday at $5.76, down 5.11% amid a broad tech selloff triggered by a strong jobs report and renewed rate-hike worries, but still ended the week up 0.9%. Investors now await U.S. inflation data and CEO Evan Spiegel’s June 16 AWE keynote on Specs, as Snap faces pressure from weak North American ad revenue, tough competition, and activist demands for cost cuts.
Navitas’ Nvidia-Led Rally Stalls, Eyes on AI Trade Next Week

Navitas’ Nvidia-Led Rally Stalls, Eyes on AI Trade Next Week

8 June 2026
Navitas plunged $5.61 to $25.08 Friday as a $1.3 trillion chip selloff erased Nvidia-driven gains, despite news it issued 3.28 million shares for merger earn-outs and showcased its GaNFast power board at Nvidia’s AI MGX event; investors now face risks from share dilution, sector volatility, and Navitas’s early-stage pivot to high-power AI markets amid ongoing operating losses.
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