Shares of aluminum-related companies are trading lower amid multiple catalysts including weak Q3 EPS guidance by steelmakers Nucor and Steel Dynamics, additional tariff threats from President Trump and physical aluminum markets retracing as the Gulf bottleneck premium weakens with the oil price.

Shares of precious metals-related companies are trading lower after stronger-than-expected inflation data boosted expectations for a Federal Reserve rate hike in October. Gold and silver prices are declining amid a stronger U.S. dollar and rising Treasury yields, which make non-yielding precious metals less attractive to investors.

Barclays Initiates Coverage On Alcoa with Overweight Rating, Announces Price Target of $55

JP Morgan Maintains Neutral on Alcoa, Lowers Price Target to $50

JP Morgan analyst Bill Peterson maintains Alcoa (NYSE:AA) with a Neutral and lowers the price target from $52 to $50.

Morgan Stanley Maintains Equal-Weight on Alcoa, Lowers Price Target to $50

Morgan Stanley analyst Carlos De Alba maintains Alcoa (NYSE:AA) with a Equal-Weight and lowers the price target from $53 to $50.

Barclays Initiates Coverage On Century Aluminum with Equal-Weight Rating, Announces Price Target of $40

Full Transcript: Century Aluminum Q2 2026 Earnings Call

Century Aluminum (NASDAQ:CENX) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. Benzinga APIs provide real-time access to earnings call transcripts and