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Stockreport

AI's explosive growth is sabotaging Big Tech's climate goals [Los Angeles Times (CA)]

Microsoft Corporation (MSFT)  More Company Research Source: Los Angeles Times
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Today it calls those goals a “moonshot.” Microsoft says it's still aiming to remove more carbon than it creates by 2030 but now describes the effort as “a marathon, not a sprint.” The race to deploy artificial intelligence is complicating tech companies' commitments to reduce greenhouse gas emissions, most of which come from the burning of gas, oil and coal and drive climate change. They say they must be flexible as they rush to build sprawling data centers that can consume more power than entire cities. “Even if they haven't officially revised their goals, they are starting to acknowledge that, ‘Yeah, we're maybe not on track,'” said Patrick Huang, a senior analyst at Wood Mackenzie. Now, Huang said, the companies must use whatever kinds of power they can to stay competitive — and increasingly that is natural gas, which is mostly methane, a planet-warming greenhouse gas. Tech companies bought record amounts of clean energy in 2024 and 2025, according to the Clean Energy Buyer [Read more]
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Stockreport

AI's explosive growth is sabotaging Big Tech's climate goals [Los Angeles Times (CA)]

Microsoft Corporation  (MSFT) 
More Company Research Source: Los Angeles Times
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Today it calls those goals a “moonshot.” Microsoft says it's still aiming to remove more carbon than it creates by 2030 but now describes the effort as “a marathon, not a sprint.” The race to deploy artificial intelligence is complicating tech companies' commitments to reduce greenhouse gas emissions, most of which come from the burning of gas, oil and coal and drive climate change. They say they must be flexible as they rush to build sprawling data centers that can consume more power than entire cities. “Even if they haven't officially revised their goals, they are starting to acknowledge that, ‘Yeah, we're maybe not on track,'” said Patrick Huang, a senior analyst at Wood Mackenzie. Now, Huang said, the companies must use whatever kinds of power they can to stay competitive — and increasingly that is natural gas, which is mostly methane, a planet-warming greenhouse gas. Tech companies bought record amounts of clean energy in 2024 and 2025, according to the Clean Energy Buyer [Read more]
IMPACT SNAPSHOT
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MSFT
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Price Change %
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Don't Miss Out On The Next BIG Stock Move
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
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Multi-day stock performance from the time of the news release
LAST PRICE
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%
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%
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS