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Nvidia earnings captivate investors as fears of AI bubble grow

November 19, 2025 by WDNY Radio

(NEW YORK) — Financial results to be released on Wednesday by chipmaking-giant Nvidia will be closely watched as a bellwether for the stock market and the overall economy, which have both come to rely on massive spending on artificial intelligence to propel continued growth.

The latest test for the world’s most valuable company arrives at a fraught moment for markets, which have fallen for four consecutive days over fears of an AI bubble. Nvidia, which makes many of the chips fueling AI products, has suffered a decline of more than 10% over the past two weeks.

As big-tech names spend hundreds of billions on chips and data centers necessary for the energy-intensive technology, the financial benefits remain uncertain. The earnings reported by Nvidia will gauge demand for a key building block of AI, showing whether appetite for the technology remains at a fever pitch.

The results hold major stakes for the U.S. economy, which has shown signs of strain in recent months as hiring has slowed and consumer sentiment has dampened.

The AI spending boom, a lone bright spot, added a 0.5 percentage point boost to annualized gross domestic product growth over the first half of 2025, accounting for about one-third of economic activity, Pantheon Macroeconomics found.

“There is one company in the world that is the foundation for the AI Revolution,” Dan Ives, a managing director of equity research at investment firm Wedbush, told ABC News in a statement, referring to Nvidia.

Fears of an AI bubble surfaced over the summer ahead of Nvidia’s previous earnings report, but the California-based company defied naysayers.

Nvidia recorded $46.7 billion in sales over three months ending in July, which exceeded analyst expectations of $46.2 billion. The jump in revenue marked 56% growth compared to the same quarter a year earlier.

The company boasts a market cap of $4.5 trillion, making it roughly equivalent to the GDP of Japan or Germany. The company has expanded at a breakneck pace since an AI craze set off by the release of OpenAI’s ChatGPT in 2022. The California-based company saw its stock price soar nearly 700% over the ensuing two years.

Alongside continued growth, the company is weathering new challenges. President Donald Trump barred the sale of chips to China earlier this year, before revoking the ban in July. A month later, Trump struck an agreement with Nvidia and its competitor Advanced Micro Devices (AMD) that allowed the companies to sell chips in China if they hand over 15% of revenue generated by the exports to the U.S.

Speaking at the White House in August, the president recounted the agreement.

“I said, ‘If I’m going to do that, I want you to pay us as a country something, because I’m giving you a release,'” Trump said.

Earnings released in August said Nvidia did not sell any of its H20 chips in China over the most recent quarter, but the firm did not mention any losses related to the policy. The H20 chip was specifically designed for sale to China.

In recent days, Nvidia announced a large investment in AI, signaling confidence in the outlook of the technology. Nvidia on Tuesday announced a multi-billion dollar partnership with two of its largest counterparts in AI: Microsoft and Anthropic.

Under the terms of the deal, Nvidia and Microsoft agreed to invest $15 billion in Anthropic, a top developer of AI models. Anthropic, meanwhile, vowed to purchase $30 billion of computing infrastructure operated by Microsoft Azure on Nvidia systems.

NYPD Commissioner Jessica Tisch agrees to stay on under Zohran Mamdani’s administration

November 19, 2025 by WDNY Radio

(NEW YORK) — New York City Mayor-elect Zohran Mamdani will have one familiar face in his administration when he takes office in January.

NYPD Commissioner Jessica Tisch announced Wednesday that she accepted Mamdani’s offer to remain in her position when Mamdani succeeds Mayor Eric Adams.

Late into his mayoral campaign, Mamdani, 34, said he would not replace the commissioner if elected. The mayor-elect cited the city’s drop in shootings, murders and transit crime since Tisch, 44, began her tenure as the commissioner in November 2024.

“I’ve spoken to Mayor-elect Mamdani several times, and I’m ready to serve with honor as his Police Commissioner. That’s because he and I share many of the same public safety goals for New York City: lowering crime, making communities safer, rooting out corruption, and giving our officers the tools, support, and resources they need to carry out their noble work,” Tisch said in a statement.

“I have admired her work cracking down on corruption in the upper echelons of the police department, driving down crime in New York City, and standing up for New Yorkers in the face of authoritarianism,” Mamdani said in a statement.

Mamdani has been previously outspoken about his concerns about the NYPD and has apologized for some of his past comments that were critical of the force.

Tisch acknowledged that she and Mamdani do have some differences in a department-wide email on Wednesday morning.

“Now, do the Mayor-elect and I agree on everything? No, we don’t. But in speaking with him, it’s clear that we share broad and crucial priorities: the importance of public safety, the need to continue driving down crime, and the need to maintain stability and order across the department. We also agree that you deserve the city’s respect and support,” she said in the email that was obtained by ABC News.

“I appreciate that the Mayor-elect wants a team with different points of view — a team where ideas and policies are debated on their merits. In those discussions, you can trust that I will be a fierce advocate for you and for this department. You know how I operate: I don’t mince words. When I say something, I mean it. And that is not going to change,” Tisch added.

Tisch, who is the daughter of James Tisch, the CEO of the Loews Corporation, has long been involved in city government under different administrations.

In 2008, she was an intelligence research specialist in the NYPD’s Counterterrorism Bureau, later counsel to the police commissioner, and the Counterterrorism Bureau’s director of policy and planning.

When Bill Bratton returned to lead the NYPD under Mayor Bill de Blasio in 2014, Tisch was appointed as the deputy commissioner of Information Technology and led efforts to improve the department’s tech, including its CompStat tracking.

When Mayor Eric Adams took office in 2022, he appointed her as sanitation commissioner.

When Police Commissioner Edward Caban resigned in September 2024, following a federal probe and an FBI search of his home, Adams, who was indicted on federal charges that same month, appointed Thomas Donlon as an interim commissioner before announcing Tisch two months later.

She became the second female NYPD commissioner, following Keechant Sewell, who served from January 2022 to June 2024.

Adams, who decided not to run for re-election in October, praised Tisch’s work and her decision to stay on.

“In choosing her to stay on as police commissioner, Mayor-elect Mamdani is recognizing our public-safety efforts were right and that they will continue into the future. We all want a safer city, and keeping Commissioner Tisch in place and supporting our police officers every day with the policies we have implemented, is exactly how we do that,” he said in a statement Wednesday.

America announces 2026 tour dates

November 19, 2025 by WDNY Radio

America is hitting the road on a new tour in 2026.

The band, best known for such classic tracks as “A Horse with No Name” and “Sister Golden Hair,” has announced dates for The Happy Trails Tour 2026. The trek will kick off March 7 in Highland, California, and wrap May 23 in Modesto, California, with more dates to be added.

A complete list of dates and ticket information can be found at AmericaTheBand.com.

Original America member Dewey Bunnell is currently leading the group, following fellow original band member Gerry Beckley’s retirement from touring in 2024.

Bunnell and Beckley were announced as nominees for the 2026 class of the Songwriters Hall of Fame in October. Nominees become eligible 20 years after their first commercial release of a song. Inductees will be celebrated at a gala event in New York City next year.

Senate officially passes Epstein files bill, sending it to Trump’s desk

November 19, 2025 by WDNY Radio

(WASHINGTON) — The Senate on Wednesday formally received the House bill for the release of the Jeffrey Epstein files and quickly sent it along to President Donald Trump’s desk.

Late Tuesday afternoon, the Senate agreed to unanimously approve the bill the House passed earlier in the day. When it arrived from the House, it was deemed immediately passed by the Senate.

The unanimous action by the Senate meant there were no amendments or changes to the bill as House Speaker Mike Johnson and other members of his Republican leadership team had urged.

The measure compels Attorney General Pam Bondi to make available all “unclassified records, documents, communications and investigative materials” in the Department of Justice’s possession related to Epstein within 30 days of its enactment.

If the legislation is signed into law, it could compel the release of federal records on Epstein and his convicted accomplice Ghislaine Maxwell, as well as other individuals, including government officials, named or referenced in connection with Epstein’s “criminal activities, civil settlements, immunity, plea agreements or investigatory proceedings,” according to the legislation text. Victims’ names and other identifying information would be excluded from disclosure, as would any items that may depict or contain child sex abuse material, according to the text of the House-passed bill.

ABC News has not received a response from the Justice Department to questions about whether and how it plans to comply with the bill once it has been signed by Trump.

On Friday, Bondi announced the Justice Department was initiating a renewed investigation into the files and potential ties between high-profile Democrats and Epstein just hours after Trump ordered her to on his Truth Social account.

It’s unclear whether the DOJ will seek to cite that announcement as exempting much of the files from public disclosure due to their relevance to the new investigation, despite DOJ and FBI stating unequivocally in a July statement that it uncovered no evidence in a review of the files that would support a predicated investigation against any uncharged individuals.

It’s unlikely the Justice Department would release the entire Epstein file, according to sources. Any materials related to ongoing investigations or White House claims of executive privilege will likely remain out of public view.

Trump said on Monday that he will sign the bill should it reach his desk.

“I’m all for it,” Trump said.

But in a post on his social media platform Tuesday afternoon, the president said he doesn’t “care when the Senate passes the House Bill, whether tonight, or at some other time in the near future,” and that he wants Republicans to stay focused on his agenda.

“I just don’t want Republicans to take their eyes off all of the Victories that we’ve had, including THE GREAT BIG BEAUTIFUL BILL, Closed Borders, No Men in Women’s Sports or Transgender for Everyone, ending DEI, stopping Biden’s Record Setting Inflation, Biggest Tax and Regulation Cuts in History, stopping EIGHT Wars, rebuilding our Military, being RESPECTED by every Country in the World, having Trillions of Dollars INVESTED in the U.S.A., having created the ‘HOTTEST’ Country anywhere in the World, and even delivering a HUGE DEFEAT to the Democrats on the Shutdown,” Trump said in his post.

A senior White House official later told ABC News that the bill will “be signed whenever it gets to the White House.”

Trump did not need to wait for Congress to act — he could order the release immediately.

At a vigil on Capitol Hill Tuesday afternoon, a group of House Democrats and Epstein survivors broke out in loud cheers upon learning that the Senate unanimously approved the bill.

After New Mexico Democratic Rep. Teresa Leger Fernandez made the announcement from the podium, the group broke out in loud cheers, claps and smiles — some of them tearing up.

Democrats were seen hugging the survivors.

ABC News’ John Parkinson, Lauren Peller, Rebecca Gelpi, Michelle Stoddart and Alex Mallin contributed to this report.

Biden to attend Dick Cheney’s funeral, Bush will deliver tribute

November 19, 2025 by WDNY Radio

(WASHINGTON) — Former Vice President Dick Cheney’s funeral will be held in Washington on Thursday, with several high-profile political figures set to be at the service for the man considered one of the most influential vice presidents in U.S. history.

Former President Joe Biden plans to attend, a spokesperson confirmed to ABC News.

The funeral will be held at Washington National Cathedral at 11 a.m. ET.

Former President George W. Bush, who Cheney served for two terms, will offer a tribute at the service. According to the cathedral’s program, Cheney’s daughter, former congresswoman Liz Cheney, and his grandchildren will also give remarks.

Cheney died on Nov. 3 at the age of 84 due to complications of pneumonia and cardiac and vascular disease.

“Dick Cheney was a great and good man who taught his children and grandchildren to love our country, and to live lives of courage, honor, love, kindness, and fly fishing,” the family said in a statement at the time. “We are grateful beyond measure for all Dick Cheney did for our country. And we are blessed beyond measure to have loved and been loved by this noble giant of a man.”

This is a developing story. Please check back for updates.

Teen who died on Carnival cruise was found under bed, stepbrother under investigation: Source

November 19, 2025 by WDNY Radio

(MIAMI) — Anna Kepner, a teen who died aboard a Carnival Horizon cruise ship earlier this month, was found dead under a bed, wrapped in a blanket and covered by life vests, according to a security source briefed on the investigation.

The 18-year-old cheerleader from Titusville, Florida, was reported dead while aboard the Carnival Horizon cruise ship on Nov. 8. The Miami-Dade medical examiner has not specified a cause or manner of her death.

Among the avenues investigators are looking at is whether there might have been some sort of altercation with her stepbrother prior to her death, the source told ABC News. Investigators are also looking at other possibilities, including a medical emergency or an overdose, the source said.

Investigators are poring over ship security records, including security camera footage and access-card swipes, to get a picture of who was where at the various times prior to her death, the source said.

A court filing in an unrelated family court matter noted Kepner’s stepsibling could face charges.

The filing said the FBI is conducting an investigation “arising out of the sudden death of 18 year old Anna Kepner.”

Shauntel Hudson — Kepner’s stepmother, who was also on the cruise along with her children and Kepner’s father — requested a delay in her custody hearing because one of her minor children may face criminal charges, according to the filing.

“The Respondent has been advised through discussions with FBI investigators and her attorneys, that a criminal case may be initiated against one of the minor children of this instant action,” the filing stated. “Any testimony the Respondent may give, either written or oral, could be prejudicial to her or her adolescent child in this pending criminal investigation, therefore the Respondent cannot be compelled to testify.”

The FBI declined to comment.

Carnival Cruise Line said in a statement after Kepner’s death, “Our focus is on supporting the family of our guest and cooperating with the FBI.”

Kepner’s family did not immediately respond to ABC News’ request for comment.

CMA Awards 2025: First winners announced on ‘Good Morning America’

November 19, 2025 by WDNY Radio

Ahead of the 59th annual CMA Awards Wednesday night, winners of two categories were announced on ABC’s Good Morning America Wednesday morning.

Musical event of the year went to “Pour Me a Drink” by Post Malone featuring Blake Shelton, while music video of the year was awarded to “you look like you love me” by Ella Langley and Riley Green.

Ella, Megan Moroney and Lainey Wilson lead the nominations with six apiece. Zach Top follows closely behind with five, while Riley and Cody Johnson each have four.

The CMA Awards, hosted by Lainey Wilson, will air live from Nashville’s Bridgestone Arena at 8 p.m. ET on ABC. The event will be available to stream the next day on Hulu.

Larry Summers resigns from OpenAI board in wake of Epstein email revelations

November 19, 2025 by WDNY Radio

(NEW YORK) — Larry Summers, a former Treasury secretary under President Bill Clinton and the former president of Harvard University, has resigned from the board of the tech company OpenAI, according to statements released Wednesday.

“Larry has decided to resign from the OpenAI Board of Directors, and we respect his decision. We appreciate his many contributions and the perspective he brought to the Board,” a statement from the OpenAI Board of Directors reads.

Summers’ resignation came just two days after he released a statement saying he was “deeply ashamed” of his relationship with Jeffrey Epstein. Summers’ email exchanges with Epstein were released last week by the House Oversight Committee.

No Epstein survivor has alleged wrongdoing by Summers and there is no public record evidence to suggest Summers was involved in any of Epstein’s crimes.

“In line with my announcement to step away from my public commitments, I have also decided to resign from the board of OpenAI,” a statement from Larry Summers said. “I am grateful for the opportunity to have served, excited about the potential of the company, and look forward to following their progress.”

Larry Summers previously announced that he was stepping back from public life after his apparent communications with Epstein were made public.

Summers is currently a member of Harvard’s faculty, according to the Harvard Crimson newspaper. But there have been calls, including from Massachusetts Sen. Elizabeth Warren, for Harvard to sever ties with him.

Harvard has announced that it will begin a new investigation into Summers’ association with Epstein, according to the Harvard Crimson. The university reviewed its ties to Epstein five years ago, including donations he made to the university.

“I am deeply ashamed of my actions and recognize the pain they have caused. I take full responsibility for my misguided decision to continue communicating with Mr. Epstein,” Summers said in a statement on Monday.

He added, “While continuing to fulfill my teaching obligations, I will be stepping back from public commitments as one part of my broader effort to rebuild trust and repair relationships with the people closest to me.”

It has been previously reported that Summers maintained a relationship with Epstein for many years, particularly during Summers’ term as president of Harvard from 2001 to 2006.

Summers flew at least four times on Epstein’s aircraft, according to flight records made public during litigation against Epstein, and he was the top official at Harvard during a time when the university received millions in gifts from Epstein.

All of those gifts were received prior to Epstein’s guilty plea in Florida in 2008 to charges of solicitation of prostitution with a minor, according to the university’s review of its Epstein connections.

The late financier was charged federally in July 2019 with sex trafficking and conspiracy and died by suicide the following month.

This is a developing story. Check back for updates.

Global rise in ultra-processed foods is major public health threat, experts say

November 19, 2025 by WDNY Radio

(NEW YORK) — The global rise of ultra-processed foods in diets worldwide poses a major public health threat, according to experts who published a series of papers in medical journal The Lancet.

The authors cite studies that show ultra-processed diets are linked to chronic health conditions like increased risk of becoming overweight and obesity, type 2 diabetes, high blood pressure, heart disease, chronic kidney disease and overall higher death rates.

Common examples of ultra-processed foods include sugar-sweetened beverages, packaged snacks, instant soups, breakfast cereals, energy bars, mass-produced packaged breads, ready-to-eat meals, ice cream and pizza.

ABC News’ medical correspondent Dr. Darien Sutton investigated the state of America’s food supply including the consumption of ultra-processed foods and the potential risks to Americans’ health in a new “ABC News Live Prime” special “Gut Check: The Foods We Eat.”

Watch the segment on ABC News Live Prime on Wednesday, Nov. 19, at 8:30 p.m. ET. Available to stream on Disney+ and Hulu.

Sutton participated in an experiment at a high-tech laboratory at Virginia Tech where researchers monitored his blood work before and after eating ultra-processed foods. He also visited an American grocery store, comparing the ingredient lists of common food products with similar ones overseas in a French grocery store.

The special also takes viewers to the world’s largest food and science exposition in Chicago, where ingredient makers pitch food companies on their latest innovations. It’s a notable time for the industry, as the Trump administration continues to push food companies to remove additives, like synthetic dyes, from their products.

The warning around the dangers of ultra-processed foods comes as the Make America Health Again (MAHA) movement, popularized by health secretary Robert F. Kennedy Jr., grows nationwide.

About four in 10 parents consider themselves supporters of the MAHA movement, with support higher among Republicans and white parents, a Washington Post-KFF poll finds.

An overwhelming number of parents, regardless of their support of the MAHA movement, supported increased government regulations on dyes and chemical additives, highly processed foods and added sugars, the poll found.

The authors of The Lancet paper, which was published on Tuesday, note that improving diets requires more than just a change in behavior.

Instead, they are calling for world policy reform with actions targeting the production, marketing and consumption of ultra-processed foods, as well as improving access to health food is needed, they note.

Americans consume over half of their daily calories from ultra-processed foods, on average, according to a study from the Centers for Disease Control and Prevention (CDC).

Healthier eating should emphasize fruits, vegetables, whole grains, dairy and protein, the CDC says. Most Americans need to increase their intake of dietary fiber, calcium, vitamin D, and potassium, the agency notes.

US Army secretary arrives in Kyiv for high-level talks to restart peace talks, military says

November 19, 2025 by WDNY Radio

(NEW YORK) — Army Secretary Daniel P. Driscoll and the Army’s top general have been sent to Ukraine by the Trump administration to meet with Ukraine’s President Volodymyr Zelenskyy to restart discussions about potential peace talks with Russia, according to a U.S. official.

Driscoll is set to meet with Zelenskyy, Ukraine’s prime minister and other top Ukrainian military officials to talk through a potential peace process and to discuss the United States’ position on the possibility of peace talks.

“Secretary Driscoll and team arrived this morning in Kyiv on behalf of the administration on a fact finding mission to meet with Ukrainian officials and discuss efforts to end the war,” Col. Dave Butler said in a statement on Wednesday confirming his trip.

There is the possibility that in the future Driscoll may meet with Russian officials, a U.S. official told ABC News prior to the team’s landing in Kyiv, adding that it is unclear if Driscoll was bringing a new proposal to restart the talks.

There are no plans for Russian officials to meet with Driscoll, said Russian Presidential Press Secretary Dmitry Peskov.

“No, as far as I know, there are no plans in this regard,” Peskov said on Wednesday in response to a question from journalists about Driscoll’s arrival in Kyiv and potential meetings.

Choosing Driscoll to attempt to restart the peace process emerged from a discussion last week between President Donald Trump and Vice President JD Vance. Typically, a secretary for one of the military services would not be involved in such an important diplomatic overture, but it is possible that sending a military may be seen favorably by Russia, the official speculated.

Driscoll’s mission to Ukraine was first reported by the The Wall Street Journal.

Accompanying Driscoll are Gen. Randy George, the Chief of Staff of the Army, Gen. Chris Donahue, the commander of U.S. Army Europe and Africa, the Sergeant Major of the Army Michael Weimer, and Lt. Gen. Curtis Buzzard who heads the U.S. military assistance program for Ukraine.

Ahead of his trip to Ukraine Driscoll had discussions with Secretary of State Marco Rubio and Steve Witkoff, who has been the administration’s envoy who has worked on peace talks between Ukraine and Russia. Stopping in Germany, Driscoll and his delegation participated in additional updates prior to their trip into Ukraine.

Driscoll and George have often pointed to Ukraine’s successful development and use of battlefield drones as a model for how the Army should transform its acquisitions process and quickly produce weapons for a changing battlefield. In addition to their meetings to restart the peace talks the Army leaders will also meet with military and Ukrainian business officials about their drone and weapons development programs.

Defense Secretary Pete Hegseth authorized the senior military leaders trip to Ukraine since such a visit required his approval.

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