MSFT: Microsoft Stock Hits All-Time High After It Reveals $30 Per Month AI Subscription

Generative AI is coming to replace your manual typing on Word and Excel. And why take notes on Teams if you can pay $30 for a bot to do it?

• Microsoft stock MSFT took off to a fresh all-time high on Tuesday after the software giant unveiled that a new generative AI feature is coming to its apps. The new version of the flagship Microsoft 365 software will be boosted by AI capabilities and will cost an additional $30 a month.
• The Microsoft 365 Copilot, as it is called, will include AI assistance for Word, PowerPoint, Excel, Outlook, and Teams. The lofty price tag will add between 53% to 83% more to the average cost paid by more than 382mn Microsoft 365 users. The flip side? Automated PowerPoint presentations, creativity unleashed in Word, and summarized Teams meetings.
• Is the sweeping change worth the upgrade? Microsoft is yet to announce when it will be available to the wider public. Investors did rush to buy the stock up, launching the company’s shares into never-before-seen territory. Microsoft jumped 4%, closing at an all-time record of $359.49 a share. Year-to-date, the stock is up roughly 50%.