This website uses cookies

Read our Privacy policy and Terms of use for more information.

Today is Friday, October 16, 2026.

The Early Bird Index today is 86.52.

New to this newsletter? Sign up here

Alcoa Loses Some Shine 🥫

Alumina and aluminum leader Alcoa $AA ( ▲ 0.85% ) posted mixed financial results on Thursday. The stock still jumped 1.43% in after-hours trading.

Financials: Alcoa reported earnings of $1.82 per share in the past quarter, which were better than expected. Revenue, however, was just $3.7 billion, below expectations.

Details: Alumina production rose 11%, while aluminum production grew 2%.

Powering the Story: Revenue fell 7% year-over-year. The aluminum business saw its revenue drop 9% due to lower shipments and lower average realized prices.

Early Bird’s Nest Egg Gains: The decline was largely a timing/normalization issue, not a sign of weaker underlying demand or production.

  • The 9% revenue decline reflects both a lower price per ton and a smaller volume base versus an inflated Q2. 

  • The price decline was the larger earnings headwind. Alcoa estimated it reduced adjusted EBITDA by about $235 million sequentially.

Final Thoughts: Alcoa can’t really catch a big break. The stock was down over 28% this year.

PRESENTED BY NIBBLES

You work a 9-to-5 so your pet can live like royalty. Get rewarded for it.

Your pet lives like a king on your salary: organic treats, memory-foam beds, and endless toy drops. Isn't it time their high-maintenance lifestyle worked for you?  Meet Nibbles, the first credit card engineered specifically for pet parents. Earn 3x rewards on pet & vet expenses, from organic pet food to grooming, and get 1x rewards everywhere Mastercard is accepted. You can keep spoiling your highness without breaking the bank. Get the no annual fee card that actually rewards you for spoiling your pet.

Notables

Notable Earnings Today: M&T Bank (NYSE: MTB), Travelers (NYSE: TRV), Truist (NYSE: TFC), Regions Financial (NYSE: RF), Citizens Financial Group (NYSE: CFG).

Notable IPOs Today: City Therapeutics, Inc. Common Stock (Nasdaq: CTY), TCGX Acquisition Corp. II Class A Ordinary Shares (Nasdaq: TCXB).

Notable Equity Crowdfunding Campaigns Ending Today: N/A.

Notable Economic Events Today: Import Price Index / Export Price Index (8:30 a.m. ET), Industrial Production (9:15 a.m. ET), TIC Net Long-Term Transactions (4:00 p.m. ET).

J.B. Hunt's Rising Fuel Costs

Despite posting good financial results on Thursday, J.B. Hunt Transport Services $JBHT ( ▲ 1.36% ) fell 1.41% in after-hours trading.

Financials: J.B. Hunt reported earnings of $1.82 per share in the past quarter and revenue of $3.68 billion. Both were better than expected.

Details: Revenue surged 20% in the quarter, including in the company’s largest business segment, intermodal. Revenue for the integrated capacity solutions business skyrocketed 57%.

Powering the Story: One of the biggest reasons for the increased revenue in the quarter was a higher fuel surcharge. J.B. Hunt passed higher fuel costs to clients.

Also: Operating income for the company’s final mile services unit plunged 76%.

Final Thoughts: The stock was up 19% this year before these results.

Interactive Brokers Posts Mixed Results

Interactive Brokers Group $IBKR ( ▲ 2.25% ) posted mixed financial results on Thursday. The stock dipped 0.59% in after-hours trading.

Financials: Interactive Brokers reported earnings of 67 cents per share, which was in-line. Revenue was $1.91 billion, which was better than expected.

Final Thoughts: The stock had experienced a strong 2026 with a nearly 28% gain.

The 2026 Stock Market Playbook: 63 AI Prompts for Investing in Robots, Energy, and the New Economy
The 2026 Stock Market Playbook: 63 AI Prompts for Investing in Robots, Energy, and the New Economy
Stop guessing and start prompting. This practical guide provides 63 high-impact AI chatbot prompts specifically designed for the 2026 industrial economy. From stress-testing investment narratives t...
$4.99 usd

Bitcoin Might Survive No Matter What: Bitwise CIO argues bitcoin will benefit whether AI booms or busts (The Block)

Good Question: Did Anthropic Miss Its Peak IPO Moment? (The Information)

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Connect with other investors: Join The Nest

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.