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The World in Brief from The Economist

Nvidia’s bumper earnings; Larry Summers resigns from OpenAI board, and more

The World in Brief from The Economist

The Economist

News, Global News, News & Politics, Daily News

4.11.2K Ratings

🗓️ 20 November 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Nvidia reported revenue of $57bn in the third quarter—up 62% on a year earlier—surpassing analysts’ estimates, and forecast higher-than-expected fourth-quarter revenue of around $65bn.

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Transcript

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0:00.0

Hello, you're listening to the free edition of the world in brief from The Economist.

0:11.2

As a reminder, if you subscribe to The Economist, you'll get access to a deeper look at the day ahead, updated three times a day.

0:20.1

If you're already an Economist subscriber,

0:22.6

visit Economist.com slash espresso or visit our espresso app to start listening. Here's today's

0:29.5

free edition.

0:35.1

This is the world in brief from The Economist.

0:42.0

Our top stories.

0:45.0

NVIDIA reported revenue of $57 billion in the third quarter, up 62% on a year earlier,

0:53.0

surpassing analysts' estimates estimates and forecast higher than expected

0:57.2

fourth quarter revenue of around $65 billion.

1:01.6

The AI chipmaker also reported record data centre sales of $51.2 billion.

1:09.0

Investors were closely watching the earnings of the world's most valuable company amid market jitters

1:14.8

about a potential AI bubble.

1:17.7

Shares in Invidia rose in after hours trading.

1:22.6

Larry Summers, a former Treasury secretary, resigned from the board of Open AI, the maker of ChatGPT,

1:30.5

after evidence emerged showing he sought relationship advice from Jeffrey Epstein, a deceased sex offender.

1:38.2

America's Senate has approved legislation that will compel the Justice Department to release

1:43.6

its files on Epstein by

1:45.5

unanimous consent, fast-tracking the bill to Donald Trump's desk.

1:51.3

America's central bankers expressed strongly differing views over whether to cut interest rates

1:57.3

in December, according to minutes from the Federal Reserve's meeting in October.

2:03.3

Amid stubborn inflation, quote many, officials favoured holding rates steady.

...

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