Microsoft shares are trading higher following a report suggesting that businesses will have to pay $30 per user per month for access to the Copilot AI program.
Portfolio Pulse from Benzinga Newsdesk
Microsoft's shares are trading higher after a report indicated that businesses will be charged $30 per user per month for access to the Copilot AI program.
July 18, 2023 | 3:52 pm
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POSITIVE IMPACT
Microsoft's stock is trading higher due to the potential revenue from the Copilot AI program, which will charge businesses $30 per user per month.
The news directly impacts Microsoft as it suggests a new revenue stream from the Copilot AI program. This could potentially increase the company's earnings, which is a positive signal for investors, hence the rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100