Category: 3. Business

  • Eagle Materials (EXP) Margin Decline Challenges Bullish Long-Term Narratives

    Eagle Materials (EXP) Margin Decline Challenges Bullish Long-Term Narratives

    Eagle Materials (EXP) reported net profit margins of 19.4%, a decrease from last year’s 21.3%, signaling compressed profitability even as the company’s earnings are projected to grow at 5.78% per year. Revenue is expected to increase at a 3.9% annual pace, which is well behind the broader US market’s 10.3%. Trading at a P/E ratio of 15.4x, below peer averages, the stock’s $212.32 price currently sits under some estimates of fair value, with risk assessments showing only minor concerns and rewards centered on its continued growth trajectory and value positioning.

    See our full analysis for Eagle Materials.

    Next up, let’s see how these headline numbers compare to the most widely held market narratives. Some ideas could get confirmed, while others might face new challenges.

    See what the community is saying about Eagle Materials

    NYSE:EXP Earnings & Revenue History as at Nov 2025

    • Over the past five years, Eagle Materials averaged 8.6% annual earnings growth, but most recently saw negative annual earnings growth, indicating a sharper slowdown than the long-term trend would suggest.

    • According to analysts’ consensus view, sustained infrastructure spending and a strong presence in high-growth regions are expected to help offset recent pressure on margins. Future growth is anticipated to rely on operational upgrades and efficiency initiatives.

      • Consensus notes that modernization of key plants and expansion into sustainable materials should drive better margins and more resilient cash flow as federal projects accelerate.

      • Despite negative earnings momentum over the last year, management’s discipline and focus on high-growth areas are seen as buffers, not red flags, for long-term performance.

    • To see how the market’s consensus stacks up against other expert takes, check out the full narrative. 📊 Read the full Eagle Materials Consensus Narrative.

    • Analysts expect Eagle Materials will reduce its shares outstanding by 3.26% per year over the next three years, which could enhance earnings per share and return more value to shareholders.

    • The consensus narrative suggests that consistent share repurchases and disciplined capital allocation, supported by strong free cash flow and low leverage, are set to boost EPS and cushion earnings during sector volatility.

      • Even as immediate growth slows, initiatives like expensed capital projects and share buybacks are designed to support shareholder returns beyond just profit growth.

      • This approach stands out in the sector, where many peers face higher debt or lack the free cash flow for buybacks, according to consensus analysis.

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  • Nigeria’s Dangote Says Fuel Output Now Exceeds Local Demand – Bloomberg

    1. Nigeria’s Dangote Says Fuel Output Now Exceeds Local Demand  Bloomberg
    2. Top 10 largest oil refineries in the world  Vanguard News
    3. Nigeria refinery aims to be world’s biggest with expansion  The Pryor Information Publication
    4. Nigeria’s Dangote refinery announces plans to double output  African Energy
    5. Dangote Refinery promises steady fuel supply, says ouput exceeds demand  Punch Newspapers

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  • Wall Street Journal names Bilal Bin Saqib among global crypto power players

    Wall Street Journal names Bilal Bin Saqib among global crypto power players

    Minister of State for Crypto & Blockchain Bilal Bin Saqib. — Supplied

    In a striking testament to Pakistan’s growing role in the global digital-asset revolution, The Wall Street Journal’s 31 October 2025 investigative feature, titled “How a Billionaire Felon Boosted Trump’s Crypto Company en Route to a Pardon,” places Minister of State for Crypto & Blockchain Bilal Bin Saqib, among a select circle of international figures shaping the future of crypto, AI, and financial diplomacy.

    The WSJ article mentions Saqib 11 times, underscoring the publication’s deep focus on his leadership at the intersection of geopolitics, technology, and digital finance.

    The publication references Saqib alongside some of the most influential names in the crypto world — Binance founder Changpeng Zhao (CZ), members of the Trump family, and leading Emirati investors — portraying him as a new kind of statesman for the blockchain era.

    The WSJ describes Bilal as a “globe-trotting ambassador for World Liberty” and highlights his leadership as head of Pakistan’s State Crypto Council and Special Assistant to the Prime Minister on Crypto and Blockchain, noting his role in connecting global partners with country’s emerging crypto and AI ecosystem.

    According to the Journal, Saqib met with Binance founder Changpeng Zhao and Trump family associate Zach Witkoff during a private Binance summit in Abu Dhabi earlier this year, where he represented Pakistan’s growing crypto sector on the global stage. A few weeks later, Zhao and Saqib met again in Lahore with Deputy Prime Minister Ishaq Dar, where Saqib hailed Zhao as “a movement” and discussed Pakistan’s digital finance roadmap.

    The WSJ also confirmed that Saqib helped arrange an agreement between Pakistan’s government and World Liberty Financial — the US-based crypto firm partly owned by the Trump family — marking one of Pakistan’s first direct collaborations with a major Western crypto venture.

    Appointed in May 2025 as special assistant to the prime minister on Crypto, Saqib has been central to the development of Pakistan’s new crypto regulatory framework. Under his oversight, Binance is reportedly in line to receive one of the country’s first crypto-exchange licences, signalling a major milestone for formalising Pakistan’s blockchain economy.

    The Journal further reported that Saqib has been working with World Liberty to create policy frameworks for exporting stablecoin systems to other countries, reinforcing his role as a thought leader beyond Pakistan.

    “A Pakistani name now appears in The Wall Street Journal’s coverage of the world’s biggest crypto power story, not as a spectator, but as a strategic player shaping international deals,” an analyst noted.

    Under Saqib’s leadership, Pakistan has rapidly transformed from a high-potential frontier market into one of the top three fastest-growing crypto economies in the world, attracting global exchanges, institutional investors, and mining companies eager to enter a formally regulated South Asian market.

    Saqib was most recently seen at the Future Investment Initiative (FII) in Riyadh, where he engaged with global leaders, investors, and AI innovators, including the CEO of JP Morgan, Ripple, the former CEO of Google, the founder of Reddit, and the Prime Minister of Albania, among other distinguished figures shaping the future of technology and finance. True to form, he was doing what he does best, bringing the world’s focus back to Pakistan as a serious, forward-thinking hub for emerging technologies like crypto, blockchain, and artificial intelligence.

    Analysts say Pakistan’s emergence in The Wall Street Journal’s coverage is more than symbolic — it’s strategic. 

    “Seeing Pakistan mentioned in the same breath as the Trump–Binance axis and UAE sovereign investors marks a pivotal shift,” one observer noted. “It’s a signal that Pakistan is no longer a passive participant in the digital economy; it’s setting the rules.”

    This recognition from one of the world’s most respected financial publications underscores both Pakistan’s ascent as a thought leader in the digital economy and Bilal Bin Saqib’s emergence as a leader from Pakistan in the new era of AI and blockchain technologies.


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  • BYD's October vehicle sales down 12% from year earlier – Reuters

    1. BYD’s October vehicle sales down 12% from year earlier  Reuters
    2. Why Tesla’s Chinese Rival BYD Faces Raft of Troubles  Bloomberg
    3. Tesla’s biggest rival in China reported a big profit decline once again  Teslarati
    4. BYD’s First Quarterly Revenue Drop in Three Years Amid Daily R&D Investment of 160 Million Yuan  36Kr
    5. Bank of America Securities has lowered its target price for BYD Electronics (00285.HK) to HKD 40, reiterating a “Neutral” rating.  富途牛牛

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  • Layoffs Aren’t Shaking Gen Z’s Commitment to Work-Life Balance

    Layoffs Aren’t Shaking Gen Z’s Commitment to Work-Life Balance

    Damaryan Benton doesn’t go out of his way to respond to emails after 5 p.m. Nia Joseph doesn’t worry about staying out late on a work night. Jessica Moran lets her manager know she won’t be reachable when she’s headed to weeknight pickleball practice. 

    They’re all early in their careers and, in the face of a slowing labor market, committed to having work-life balance.  

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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  • The Big New 7-Seater Electric SUV

    The Big New 7-Seater Electric SUV

    • World Premiere on 27th November at Mahindra’s ‘Scream Electric’ event in Bengaluru.
    • Celebrating 1 Year of the launch of the two iconic electric origin SUVs, Mahindra to expand its electric portfolio with the big new 7-seater electric SUV.
    • The first authentic 7-seater electric SUV, built on the INGLO skateboard for unmatched space and performance.

    Mumbai, November 1, 2025: Mahindra has officially unveiled the name of its next all-electric SUV — XEV 9S, the big, bold, and authentic 7-seater electric SUV built on Mahindra’s advanced INGLO platform. Designed to bring together power, presence, and pure electric performance, the XEV 9S marks a new chapter in Mahindra’s all-electric evolution.

    Unlike re-engineered ICE vehicles, the XEV 9S is born electric — purpose-built on Mahindra’s INGLO skateboard architecture. This flat-floor design liberates generous cabin space, enabling clever flexibility like sliding second-row seats, ensuring every passenger enjoys first-class comfort. The skateboard architecture also gives the XEV 9S an inherently low centre of gravity, enhancing both stability and ride comfort — perfect for big families with big plans.

    At its heart, the XEV 9S is about making space for everything you love — your people, your passions, and your life. It’s for those who live large, travel together, and refuse to compromise on electric performance or presence.

    The world will get its first full look at the Mahindra XEV 9S during the ‘Scream Electric’ event in Bengaluru on 27th November 2025 — a grand celebration marking one year of Mahindra’s all-electric journey and its growing INGLO portfolio.

    Because when it comes to going electric — Mahindra believes bigger is better.

    YouTube Link: https://www.youtube.com/watch?v=AyCoOWFmoIc

    Social Media Addresses for Mahindra Electric Origin SUVs

    • Brand website: https://www.mahindraelectricsuv.com/
    • Instagram: @mahindraelectricsuvs
    • Twitter (X): @mahindraeSUVs
    • YouTube: @mahindraelectricsuvs
    • Facebook: @mahindraelectricoriginsuvs
    • Hashtags: #ScreamElectric #XEV9S #MahindraElectricOriginSUVs

    About Mahindra

    Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 3,24,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate.

    The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

    Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise / For updates subscribe to https://www.mahindra.com/newsroom

    Media contact information

    Siddharth Saha
    Sr. Manager, Marketing Communications, Mahindra Automotive
    Email – [email protected]
    You can also write to us at: [email protected]

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  • Failed Crypto Exchange CEO Found Dead in Turkish Jail, TRT Says – Bloomberg

    1. Failed Crypto Exchange CEO Found Dead in Turkish Jail, TRT Says  Bloomberg
    2. Ozer’s Passing Sparks Renewed Demands for Tighter International Cryptocurrency Regulation  Bitget
    3. Cyrpto exchange Thodex founder Fatih Ozer found dead in prison, suicide suspected  Türkiye Today
    4. Crypto exchange boss found dead in Turkish jail, state media confirms  Crypto News
    5. Former CEO of Turkish crypto exchange Thodex dies in prison  Bitget

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  • Monolithic Power (MPWR) Margin Surge Reinforces Bullish Narrative Despite Cautious Earnings Outlook

    Monolithic Power (MPWR) Margin Surge Reinforces Bullish Narrative Despite Cautious Earnings Outlook

    Monolithic Power Systems (MPWR) posted eye-catching results, with net profit margins surging to 71.2% from 21.3% last year and annual earnings growth averaging 50.4% over the past five years. The most recent figures are particularly striking, as earnings soared 336.4% over the last year, while analysts expect revenue to continue outpacing the broader US market at 14.4% per year. Despite this momentum, the outlook for earnings is more muted, with forecasts calling for a -6.1% annual decline over the next three years. This keeps investors focused on whether strong profit growth can be sustained.

    See our full analysis for Monolithic Power Systems.

    Now, it’s time to put these headline numbers in context by looking at how they match up to the broader narratives circulating around Monolithic Power Systems. This is where the real story is likely to unfold.

    See what the community is saying about Monolithic Power Systems

    NasdaqGS:MPWR Earnings & Revenue History as at Nov 2025

    • Current net profit margin stands at 71.2%, but analysts forecast a steep drop to 26.2% within three years. This highlights a significant reduction in operational efficiency ahead, despite recent outperformance.

    • According to the analysts’ consensus narrative, although recent margin strengths reinforce the company’s status as a margin leader, the anticipated compression puts pressure on Monolithic Power Systems to counteract rising costs and increased investment in innovation.

      • Consensus narrative notes that ongoing investments in manufacturing and technology are seen positively. However, it warns that supply chain and compliance costs could erode profitability faster than many expect.

      • Consensus also emphasizes that margin resilience will be tested by both market saturation risks and the need to deliver steady margin improvement through diversified new solutions.

    What’s driving the split view on Monolithic Power’s high margins? Dive into the full story and see what the consensus narrative signals for the road ahead. 📊 Read the full Monolithic Power Systems Consensus Narrative.

    • Revenue is projected to grow 15.5% annually over the next three years, outstripping the broader US market, and driven by major design wins in AI data centers and automotive electrification.

    • Analysts’ consensus narrative identifies these segments as key growth engines, with significant strength coming from large automotive customers and new AI-powered server architectures.

      • Consensus narrative highlights that expansion into connected vehicles and edge computing creates a larger addressable market. It also underscores expectations that some of these tailwinds could be fully priced in soon.

      • Consensus additionally calls out Monolithic Power’s strategy of providing end-to-end semiconductor solutions, which is increasing customer stickiness and setting the stage for robust long-term growth if current segment momentum holds.

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  • Electricity Prices Have Grown in Line with Overall CPI

    Electricity Prices Have Grown in Line with Overall CPI

    The current debate about electricity prices is misguided. Inflation in electricity prices needs to be compared with inflation in the overall CPI, and over the past decade, electricity prices have increased exactly as fast as the overall price level in the economy, see chart below.

    Sources: US Bureau of Labor Statistics (BLS), Macrobond, Apollo Chief Economist

    Download high-res chart

    This presentation may not be distributed, transmitted or otherwise communicated to others in whole or in part without the express consent of Apollo Global Management, Inc. (together with its subsidiaries, “Apollo”).  

    Apollo makes no representation or warranty, expressed or implied, with respect to the accuracy, reasonableness, or completeness of any of the statements made during this presentation, including, but not limited to, statements obtained from third parties. Opinions, estimates and projections constitute the current judgment of the speaker as of the date indicated. They do not necessarily reflect the views and opinions of Apollo and are subject to change at any time without notice. Apollo does not have any responsibility to update this presentation to account for such changes. There can be no assurance that any trends discussed during this presentation will continue.   

    Statements made throughout this presentation are not intended to provide, and should not be relied upon for, accounting, legal or tax advice and do not constitute an investment recommendation or investment advice. Investors should make an independent investigation of the information discussed during this presentation, including consulting their tax, legal, accounting or other advisors about such information. Apollo does not act for you and is not responsible for providing you with the protections afforded to its clients. This presentation does not constitute an offer to sell, or the solicitation of an offer to buy, any security, product or service, including interest in any investment product or fund or account managed or advised by Apollo. 

    Certain statements made throughout this presentation may be “forward-looking” in nature. Due to various risks and uncertainties, actual events or results may differ materially from those reflected or contemplated in such forward-looking information. As such, undue reliance should not be placed on such statements. Forward-looking statements may be identified by the use of terminology including, but not limited to, “may”, “will”, “should”, “expect”, “anticipate”, “target”, “project”, “estimate”, “intend”, “continue” or “believe” or the negatives thereof or other variations thereon or comparable terminology.


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  • Trump’s China deal eases U.S. rare earths plight for now, but dangers linger – The Washington Post

    1. Trump’s China deal eases U.S. rare earths plight for now, but dangers linger  The Washington Post
    2. How Much Control China Has Over the World’s Critical Minerals  Visual Capitalist
    3. Supply Chains: The Achilles Heel of US Military Power?  Geopolitical Monitor
    4. China’s rare earth squeeze reaches a turning point in the global tech standoff  digitimes
    5. ‘Alerted everyone’: US treasury secy Scott Bessent slams China over rare earth controls; calls it a ‘real  The Times of India

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