Alcoa's Profit Surprise, Buyback Cause a Surge in Shares

The video discusses Alcoa's positive financial performance, highlighting their top and bottom line success and a $200 million share buyback. However, it also addresses challenges posed by trade risks, particularly focusing on the impact of US import tariffs and China's overproduction. The video emphasizes the need to address the root issues rather than just imposing tariffs.

What financial action did Alcoa take that pleased investors?

• Increased dividends

• Stock split

• Cash buyback of shares

• Issued new shares

What was the initial effect of the premium spike in the US on Alcoa?

• It was detrimental

• It was beneficial

• It caused losses

• It had no effect

What was identified as the main reason for the increase in premiums in the US?

• Technological advancements

• Increased demand

• Import tariffs

• Decreased supply

What percentage of smelters worldwide are either losing money or cash negative?

• 25%

• 50%

• 75%

• 100%

What is the main criticism regarding the approach to trade issues with China?

• Not imposing enough tariffs

• Over-reliance on technology

• Ignoring European markets

• Focusing on tariffs instead of core issues