Category Archives: general

Ingevity Corporation 2025 Q3 – Results – Earnings Call Presentation

**Ingevity Corporation 2025 Q3 Earnings Call Presentation**
*November 7, 2025 | 2:13 AM ET*

**Ingevity Corporation (NGVT) Stock Update**
Followers: 156.57K

### Q3 2025 Earnings Summary
– **EPS:** $1.52, beating estimates by $0.13
– **Revenue:** $333.10 million, down 11.62% year-over-year, missing estimates by $27.33 million

The following slide deck was published by Ingevity Corporation in conjunction with their Q3 2025 earnings call on November 5, 2025.

This article was prepared by Seeking Alpha’s transcript team, responsible for the development and publication of all transcript-related projects on our platform.

Currently, we publish thousands of quarterly earnings call transcripts every quarter, and we continue to grow and expand our coverage to serve our readers better.

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https://seekingalpha.com/article/4840045-ingevity-corporation-2025-q3-results-earnings-call-presentation?source=feed_all_articles

Cristiano Ronaldo’s former agent Jorge Mendes reacts to ‘fuss’ around Barcelona ace Lamine Yamal

Portuguese super agent Jorge Mendes has shared his thoughts on the growing attention surrounding Barcelona’s teenage sensation Lamine Yamal. The young star has been a hot topic on social media recently, mainly due to his off-field antics.

Despite his undeniable talent on the pitch, Yamal has come under intense scrutiny for his behavior off the pitch. His latest controversy involved remarks directed towards Barcelona’s archrivals, Real Madrid. Additionally, concerns have been raised about the young winger’s personal life, particularly prior to his breakup with Argentine rapper Nicki Nicole.

Amid the controversy, reports emerged last month that Barcelona held a meeting with Jorge Mendes, who has managed Yamal’s footballing future since 2023. The meeting was reportedly organized by sporting director Deco, following some internal concerns at the club about how Yamal’s affairs were being handled.

According to Catalunya Radio, the meeting lasted a couple of hours and revolved mainly around Yamal’s lifestyle. Deco and Mendes reached a consensus that monitoring Yamal’s activities off the pitch would be beneficial. Mendes agreed to continue advising the La Masia graduate on making the right decisions both on and off the field.

“He has been a victim of his youth,” Mendes remarked, addressing the challenges Yamal faces as a young athlete in the spotlight.

### Rising Star: Yamal’s Stellar Football Journey

Lamine Yamal was promoted to Barcelona’s senior team in 2023 but truly burst onto the scene in 2024 after leading Spain to victory in the Euros. His impressive performances earned him recognition as one of the top 30 Ballon d’Or nominees.

Although he finished eighth in the Ballon d’Or rankings—an award ultimately won by Manchester City’s Rodri—Yamal’s impact was undeniable. During the 2024 Globe Soccer Awards in Dubai, Mendes claimed that Yamal was the best player of the year but was overlooked due to his young age.

“Lamine Yamal has been the best, but he has also been a victim of his youth because many people who vote have thought that he is 17 years old and will have time to win these awards,” Mendes explained.

Following another series of outstanding displays, Yamal earned another Ballon d’Or nomination in 2025. This time, he climbed higher in the rankings, finishing second behind winner Ousmane Dembele.

As Yamal continues to mature both on and off the field, the football world watches closely to see how this promising talent will shape his future.
https://www.sportskeeda.com/football/news-cristiano-ronaldo-s-former-agent-jorge-mendes-reacts-fuss-around-barcelona-ace-lamine-yamal

Bitcoin.com Partners with Concordium to Launch Age-Verified Crypto Payments for 75M Wallets

Wallet owners will soon be able to verify certain identity attributes, such as age or jurisdiction, without having to divulge personal information or manage complicated identity handoffs. This advancement is made possible through a new integration designed to enhance privacy and security.

This incorporation comes at a time when concerns around state-enforced digital IDs and centralized data collection are on the rise. Users increasingly seek solutions that allow them to maintain control over their personal information while still meeting verification requirements.

Thanks to a collaboration between the recent and impartial Bitcoin network and straightforward self-custodial products, more than 75 million wallets worldwide will now be able to benefit from age-verified payments. This partnership highlights the potential of decentralized finance to offer secure and user-friendly identity verification.

Bitcoin.com plays a key role in this ecosystem by making it easy for anyone to purchase, spend, trade, invest, earn, and stay informed about cryptocurrencies and the future of finance. With these tools, users gain greater control and flexibility over their financial interactions while safeguarding their privacy.
https://bitcoinethereumnews.com/bitcoin/bitcoin-com-partners-with-concordium-to-launch-age-verified-crypto-payments-for-75m-wallets/

Bitwise Advances Spot Dogecoin ETF with 8(a) Filing

Bitwise Advances Spot Dogecoin ETF with Form 8 Submission

Bitwise has taken a significant step forward in launching its Spot Dogecoin ETF by submitting Form 8. This submission enables an automatic approval and listing of the ETF on U.S. exchanges within 20 days, provided the SEC does not intervene.

This streamlined approval process bypasses the traditionally lengthy review periods, highlighting the growing demand for regulated cryptocurrency investment products.

The upcoming ETF will offer investors an easy and regulated way to gain exposure to Dogecoin. Coinbase Custody has been appointed as the trusted custodian for this fund, ensuring the security and safekeeping of the underlying assets.

Bitwise’s initiative marks an important milestone in expanding mainstream access to meme coin investments through exchange-traded funds, making it simpler for investors to participate in the crypto market via familiar investment vehicles.
https://bitcoinethereumnews.com/tech/bitwise-advances-spot-dogecoin-etf-with-8a-filing/

Crypto Liquidity Peaks at $560B: Market Now Recycling Capital, Not Growing

Liquidity in crypto is the pulse of every price action in the digital assets world. While technological adoption and innovation define long-term narratives, money is what really drives short-term momentum.

Wintermute recently reported that the liquidity which previously fueled crypto’s growth has waned. The market is now experiencing a phase of internal capital rotation rather than new growth. Since mid-2025, the impressive expansion has begun to level off, indicating a drastic slowdown in the inflow of new external capital.

### How Liquidity Shapes the Crypto Market

Liquidity refers not only to market depth but also to the availability of capital itself. When the global money supply increases or interest rates decrease, excess liquidity naturally seeks out riskier assets, such as cryptocurrencies.

Historically, Bitcoin and Ethereum have been the main beneficiaries of such liquidity waves, as witnessed during the 2021 bull market. According to data from Wintermute, ETFs and Digital Asset Treasuries (DATs) enhance liquidity, which in turn tends to push the prices of digital assets higher. Conversely, market rallies lose momentum when inflows diminish.

This relationship is evident in the liquidity composition chart, which shows total market capitalization closely tracking the combined supply of stablecoins, ETF assets under management (AUM), and DAT net asset value (NAV).

### Three Core Channels of Capital Entry

Liquidity enters the digital asset ecosystem primarily through three channels:

– **Stablecoins:** These act as the on-chain equivalent of fiat currency and serve as collateral for trading and leverage.
– **ETFs:** Exchange-Traded Funds provide regulated access to Bitcoin and Ethereum, connecting traditional investors and institutions to crypto.
– **Digital Asset Treasuries (DATs):** On-chain funds and yield-generating products tokenize real-world assets, bridging them to DeFi liquidity.

Wintermute emphasizes that while these three components form the foundation of crypto liquidity, all have shown signs of stagnation recently.

### Expansion Has Stalled Within Liquidity Channels

Between early 2024 and November 2025, stablecoins doubled to approximately $290 billion, while ETFs and DATs grew fourfold to $270 billion. However, this growth has now plateaued.

Data reveals that the three-month average change in ETF AUM and DAT NAV has remained flat since September 2025, signaling a halt in external inflows. Simply put, liquidity is not leaving crypto; it is circulating within the system—shifting between Bitcoin, altcoins, and DeFi protocols—instead of attracting new capital.

### Why Fresh Money Has Stopped Flowing

The slowdown is not necessarily due to a global liquidity crunch. M2 money supply remains stable, and central banks are gradually easing monetary conditions. However, high short-term yields and an attractive risk-free rate environment have trapped institutional funds in Treasury bills and money market funds, rather than sending them into digital assets.

Wintermute analysts note that the sustained higher SOFR rate has created a temporary headwind for speculative risk-taking. As a result, the crypto market is experiencing capital inertia, where current liquidity rotates internally without expanding.

This internal rotation explains why recent rallies have been short-lived and shallow. Money moves between large holdings such as Bitcoin and Ethereum and smaller altcoin markets, resulting in volatile, player-versus-player (PVP) market dynamics.

### What Could Reignite Momentum

A fresh injection of liquidity through any of the three primary channels would spark widespread market rallies. Indicators of renewed external capital would include new stablecoin issuances, increased inflows into ETFs, or the creation of new DATs.

Until such developments occur, crypto remains in what Wintermute calls a “self-funded phase”—a period of internal recycling of funds rather than external growth.

Encouragingly, macroeconomic conditions are becoming more favorable for future growth. Global quantitative tightening (QT) is ending, and monetary easing is beginning. Should risk appetite return and institutional investors start reallocating capital, the crypto industry could once again become a significant liquidity source.

By understanding the crucial role of liquidity and the current market dynamics, investors can better navigate the complexities of the crypto ecosystem during this transitional phase.
https://bitcoinethereumnews.com/crypto/crypto-liquidity-peaks-at-560b-market-now-recycling-capital-not-growing/

Patrick Mahomes salary: How much money will Kansas City Chiefs QB make in 2025?

Kansas City Chiefs quarterback Patrick Mahomes has become one of the most accomplished players in modern NFL history and still has a chance to win another Super Bowl title this season. As the unquestioned leader of Kansas City’s locker room, Mahomes commands a hefty salary as the Chiefs’ signal-caller. But just how much money will he make this season? Here’s a closer look at the star quarterback’s contract.

### Patrick Mahomes Salary in 2025

According to Spotrac.com, Mahomes’ base salary for the 2025 season is $1,255,000. However, his total earnings go well beyond that figure. The Chiefs are also paying him $4,114,888 in signing bonus proration, $21,692,381 in restructure proration, and a $1,000,000 workout bonus.

### Patrick Mahomes Cap Number for 2025

OverTheCap.com reports that Mahomes’ total cap number for the 2025 season is $28,062,269. This amount represents approximately 9.8% of the Chiefs’ total salary cap space, highlighting his significant financial investment in the team.

### Patrick Mahomes Salary in 2026

Looking ahead to the 2026 season, Mahomes is set to receive a base salary of $45,350,000. On top of that, he will earn a prorated signing bonus of $21,463,888, a roster bonus of $10,400,000, and another $1,000,000 workout bonus.

If the Chiefs’ front office does not renegotiate Mahomes’ contract during the offseason, his cap number for 2026 would be $78,213,888. This figure would account for a substantial 26.2% of the team’s total salary cap, underscoring Mahomes’ vital role and value within the franchise.

As Mahomes continues to excel both on and off the field, his contract reflects not only his elite talent but also the Chiefs’ commitment to building around their star quarterback for years to come.
https://chiefswire.usatoday.com/story/sports/nfl/chiefs/2025/11/06/patrick-mahomes-salary-how-much-money-chiefs-2025/87138778007/

Renck: Broncos keep their goals in font of them, but no way Chiefs are scared of this team

A few minutes before kickoff, the Denver Broncos raced down the field and took a dump at the 5-yard line. It was not disgusting. It was foreshadowing.

It’s not easy for the Broncos to underwhelm us anymore, but say this about them: those procrastinators find a way. Man, are they good at grinding our teeth and putting us to sleep.

The Broncos had nothing to gain — they were supposed to clobber the Raiders — other than to change the national narrative that they are a fraud contender. Well, let’s just say the Chiefs, Bills, Colts, and Patriots did not develop nervous ticks watching this offense.

With their 10th consecutive home victory, the Broncos found a way to make the Jets game look like it belonged in the Louvre. Has there ever been a less impressive 8-2 team? Just don’t try to convince Sean Payton. He sees the record, not the critiques.

### Broncos Grind Out Ugly Win vs. Raiders for Seventh Straight Victory

“We are never comfortable as coaches. But there are no buts. If my answer to you were that I am comfortable, that would be silly,” Payton said. “Obviously, we have to clean up some of the penalties and the execution. Right now, we are 8-2 and the only team sitting there. It was a tough night offensively. I give them credit.”

The first 45 minutes included eight three-and-outs and seven punts, three third-quarter drives that penetrated inside the 36-yard line but resulted in just three points, the best run after catch by edge rusher Dondrea Tillman, and Bo Nix winning a third game with a completion percentage of 57% or less.

Nothing about the 10-7 clunker was memorable, other than the Orange Rush defense that Vance Joseph dials up every week to cover for a battery of penalties, fruitless drives, and special teams gaffes.

The Broncos are not just a division leader—they are a statistical anomaly. Denver ranks first with a 60-point differential in the fourth quarter. The breathtaking comebacks and miracle finishes have provided a soothing balm on performances that have gone from hard to understand to concerning. The later a game goes, the better the Broncos get. But Thursday did not even offer that.

The Broncos marched 48 yards on 10 plays after the Raiders’ Daniel Carlson missed a 48-yard field goal, with a pair of Nix kneel-downs turning out the lights. The best thing that can be said about this game is that it is over. It was not impressive. It was a sigh of relief.

### Division Lead and the Road Ahead

The Broncos lead the division, sitting 2.5 games ahead of the Chiefs entering next Sunday’s cage match. It is going to take winning that game to take the Broncos seriously. They are 2-2 in their last four against the Chiefs and would remain on a straightaway to claim their first division title since 2015.

Is it impossible? No. The Chiefs are the Chiefs in name only. But this Broncos team cannot be trusted until the offense awakens and becomes consistent.

They finished Thursday with 10 first downs and 220 yards. Yes, it was a short week, Marvin Mims Jr. (concussion) was sidelined, it was windy, and one fan was yelling the same thing on everyone’s mind: “What is going on?”

Nix completed 16 of 28 passes for 150 yards, one touchdown, and two interceptions. He misfired on multiple passes, his mechanics remaining inconsistent. His fourth-quarter sprinkles of glitter nearly expired when he threw an interception to Kyu Bly Kelly with 7:16 remaining. The ball ricocheted off Troy Franklin but appeared intended for Pat Bryant—and he just missed badly.

### What Does This Struggle Mean?

Two things: The Broncos cannot beat the Chiefs with Nix playing like this, and it is hard to be this bad offensively and have a record this good. When it matters, the defense smothers. Get into field-goal range? Get smashed. Get close to a first down? Get crushed.

The Broncos did not allow a first down on seven straight drives. It was set up for them to pull away, but they could not get out of their own way.

Payton lamented the offensive penalties. Three drives in the third quarter were revealing. They had third-and-1 from the 36-yard line with J.K. Dobbins percolating. Instead of running, Nix fired to Courtland Sutton for a throwback trick play. Sutton wisely took the sack rather than try to force the ball downfield, and Crawshaw punted.

Then the defense provided a gift. Tillman, a reserve edge rusher, delivered his second interception of the season, snatching a ball that bounced off running back Ashton Jeanty’s chest. His yards after catch suggest he is miscast—perhaps better served as a tight end.

The Broncos took over and netted minus-6 yards before Wil Lutz missed a 59-yard field goal that barely made the end zone. Clearly, the offense needed more help.

### Special Teams Turnaround

Embattled special teams coordinator Darren Rizzi can now put the mirrors back in his home. J.L. Skinner burst through and blocked a punt—technically, he head-butted it—and the ball was recovered at the 12-yard line.

At least the Broncos could not punt from there. They lost 2 yards on three plays and settled for a Lutz 32-yard field goal, opening their first lead at 10-7 with five seconds remaining in the third.

Payton prides himself on the Bill Parcells mantra that there is a way to win every game. This one required swarming, attacking defenders. Everything about this group should be applauded.

### Lingering Doubts

But suspicions linger about this team. The Broncos have trailed at some point in every game this season and have eight wins, according to Sharp Football. The other five teams that have done so have combined for nine wins.

Nothing about this seems sustainable.

So, bring on the Chiefs. Figure out how to conquer them. Then the Broncos will no longer have to explain themselves.
https://www.denverpost.com/2025/11/06/broncos-raiders-ugly-win-bo-nix-tnf/

MapleStory: Idle RPG Has Finally Arrived on Mobile Devices

**Exciting In-Game Rewards Await in MapleStory: Idle RPG**

Nexon has officially launched *MapleStory: Idle RPG* on iOS and Android, bringing the charm of the iconic MapleStory universe to a new generation of mobile players. This release transforms the long-running series into an accessible idle RPG, blending nostalgia with modern mobile gameplay.

*MapleStory: Idle RPG* reimagines the familiar world of MapleStory with simplified mechanics and auto-battle systems that allow players to make progress even while offline. Fans can explore a wide range of customization options, from collecting gear and mastering skills to creating distinct character builds.

The game preserves the series’ signature art style and lighthearted atmosphere while introducing features designed for casual yet engaging play sessions. Players can take advantage of systems like Auto Battle and Auto Growth, ensuring steady character progression with minimal effort.

Companions can be recruited through the Reliable Companion System, while specialized dungeons provide opportunities for growth and resource gathering. Those looking for competition can enter the PvP Arena for fast-paced duels, while fans of MapleStory’s signature fashion will enjoy a collection of cute styling items.

To celebrate the launch, several in-game events are now live. These include the 14-Day Special Mission Event, Daily Login Event, and the 10-Day Attendance Board, each offering rewards that support players’ early adventures.

*MapleStory: Idle RPG* invites both longtime fans and newcomers to rediscover Maple World through a fresh, relaxed experience. The game is now available to download on iOS and Android, with more details accessible through the [official website](https://maplestoryidlerpg.nexon.com).
https://cogconnected.com/2025/11/maplestory-idle-rpg-has-finally-arrived-on-mobile-devices/

‘Smells fishy’: Analyst stunned by House GOP’s reluctance to swear in new representative

A professor of international politics was stunned during an interview on Thursday to reveal that Speaker Mike Johnson (R-LA) has still not sworn in Rep.-elect Adelita Grijalva of Arizona, more than a month after her election.

Grijalva, a Democrat, won a special election last month to replace her late father. Since then, she has pledged to support a discharge petition aimed at forcing a discussion about the release of Epstein files. Some experts suggest this stance is the main reason she has yet to be sworn in.

Scott Lucas, who teaches international politics at the Clinton Institute at University College Dublin, discussed Grijalva’s situation in a new interview for “The Trump Effect” podcast.

“They’re just trying to avoid the reckoning,” Lucas said. “The fact here is I don’t think you’re going to shift Rep. Thomas Massie (R-KY) and that handful of Republicans. It just smells fishy,” he added. “It smells fishy that they will not even allow a discussion on this.”

Lucas also noted that the ongoing situation with Prince Andrew in the UK adds an interesting wrinkle to the case.
https://www.rawstory.com/house-gop-2674273749/

Columbia Threadneedle Fixed Income Monitor: November 2025

By Samantha Parsons

Determining how to allocate to fixed income requires careful consideration. Our monthly Fixed Income Monitor brings together the insights of our investment team, helping you identify potential opportunities and manage risks across the asset class.

Stay informed with our consolidated analysis, designed to support your fixed income decision-making process each month.
https://seekingalpha.com/article/4839964-columbia-threadneedle-fixed-income-monitor-november-2025?source=feed_all_articles