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European Energy Crisis Factcheck
Europe's response to high energy costsEuropean CommissionWatch on YouTube
Worked for 3m 32s
Chapters
4
Claims checked
41
Sources 4
Energy Crisis and Past Lessons0:00–2:25Records contradict this: 2Sources do not settle this: 1Records confirm this: 6
0:00

… affects all of us, and this is the high energy costs. Families and industries are paying the cost of a crisis far beyond our borders. Records confirm this: Since the end of February, gas prices have risen by 140%. Sources do not settle this: Diesel prices have doubled. And altogether, if we look at the imported fossil fuels, Records confirm this: their costs for Europe are 100 billion euros extra without a single molecule of energy in addition. So we are all feeling these higher costs, businesses are under high pressure, people struggle to pay their bills, and this could of course intensify as we head into the winter. We need to act now to protect those most in need and to make sure we come out of this crisis stronger than we entered it, that we address the structural problems that are underlying for this crisis.

0:58

Honourable members, we have gone through that before. Four years ago, Russia tried to blackmail us. Records contradict this: At that time, 45% of our gas imports came from Russia. You remember Records contradict this: almost overnight, almost everything was cut, but Europe stood together and we came out stronger. Records confirm this: We diversified our supplies, Records confirm this: we massively accelerated investment in homegrown clean energy. And today our import from Russia, Records confirm this: Russian gas has fallen from 45% down to 12%, and we will reduce that to zero by the end of the year. In addition, Records confirm this: more than 70% of our electricity today comes from homegrown and clean sources, that is renewables and nuclear.

Short-Term Energy Crisis Response2:25–5:47Records contradict this: 2Sources do not settle this: 1Records confirm this: 11
Long-Term Clean Energy Transition5:47–8:20Sources do not settle this: 2Records confirm this: 5
Next Long-Term EU Budget8:20–11:47Records contradict this: 4Records confirm this: 7

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NVIDIA Second Quarter Fiscal 2027 Results

What did NVIDIA report for revenue last quarter?

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In its latest reported quarterly results—for the second quarter of fiscal 2027, ended July 26, 2026, and announced on August 26, 2026—NVIDIA reported $96.2 billion in revenue ($96,221 million on its condensed consolidated statements of income).

NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 26, 2026, of $96.2 billion, up 18% from the previous quarter and up 106% from a year ago. For the quarter, GAAP and non-GAAP gross margins were both 75.0%. GAAP and non-GAAP earnings per diluted share were $2.46 and $2.22, respectively.
NVIDIA Announces Financial Results for Second Quarter Fiscal 2027Lead paragraphSource: NVIDIA Investor Relations, “NVIDIA Announces Financial Results for Second Quarter Fiscal 2027,” August 26, 2026 (investor.nvidia.com)
  • Revenue for the second quarter$96.2 billion
  • Up from the previous quarter18%
  • Up from a year ago106%
  • GAAP and non-GAAP gross margins75.0%
  • GAAP earnings per diluted share$2.46

Lead paragraph, NVIDIA Announces Financial Results for Second Quarter Fiscal 2027investor.nvidia.com

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