Congress weighs cleaning up cryptocurrency mining in the US [The Verge]
Alcoa Corporation (AA)
Last alcoa corporation earnings: 4/22 04:10 pm
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Source: The Verge
The “Sandow Switch” that once was used by the Alcoa coal power plant now provides electricity for the Whinstone US Bitcoin mining facility in Rockdale, Texas, on October 9, 2021.Photo by MARK FELIX/AFP /AFP via Getty ImagesOn Thursday, members of Congress debated how to make cryptocurrencies greener, as energy-intensive bitcoin mining booms in the US. One of the biggest questions was whether to use renewables to power the energy-hungry mining at the heart of bitcoin’s blockchain, or turn to other blockchains that don’t need as much energy in the first place.The debate took place during an oversighthearing“Cryptocurrency presence in every day life will likely continue to expand”“Cryptocurrency presence in every day life will likely continue to expand,” Representative Diana Degette (D-CO) said in her opening comments at the hearing. “As the industry moves forward, it’s crucial for cryptocurrency networks to identify ways to reduce the need for constant high volume energy use and minimiz
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News
- Alcoa Co. (NYSE: AA) had its price target raised by analysts at B. Riley from $25.00 to $31.00. They now have a "neutral" rating on the stock.MarketBeat
- Alcoa moves up despite EPS miss as company sees improving markets [Seeking Alpha]Seeking Alpha
- Alcoa Co. (NYSE: AA) had its price target raised by analysts at Jefferies Financial Group Inc. from $45.00 to $48.00. They now have a "buy" rating on the stock.MarketBeat
- Alcoa Co. (NYSE: AA) had its price target raised by analysts at BMO Capital Markets from $35.00 to $37.00. They now have a "market perform" rating on the stock.MarketBeat
- Here's What Key Metrics Tell Us About Alcoa (AA) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
AA
Earnings
- 4/17/24 - Miss
AA
Sec Filings
- 4/18/24 - Form DEFA14A
- 4/17/24 - Form DEFA14A
- 4/17/24 - Form DEFA14A
- AA's page on the SEC website