Boeing Co (NYSE: BA) shares are trading higher Wednesday, driven by major labor agreement progress and fresh commercial order momentum.Labor Stability and Union RecommendationOn Tuesday night, leadership from the Society of Professional Engineering Employees in Aerospace officially recommended that its 17,000 engineering and technical members vote to accept Boeing's latest four-year contract offer. This recommendation follows an upgraded proposal presented by ma...
Microsoft Corp. (NASDAQ: MSFT) stock rose almost 1% in Wednesday premarket trading as investors weighed new Copilot discounts to accelerate adoption among large corporate customers. Nasdaq futures slipped 0.02%, while S&P 500 futures gained 0.07%.
Microsoft Cuts Copilot Prices For Large Customers
The company plans to offer discounts of 30% to 50% on Copilot subscriptions for large corporate customers, The Information reported Tuesday.
The discounts could begin as soon as October and will target customers committing to large seat purchases and additional usage-based payments.
Microsoft is also preparing to launch a revamped Copilot "super app", potentially as soon as this week. The app will combine AI coding tools and agent features, with some capabilities carrying extra usage-based fees.
Copilot starts at $30 per user per month. Microsoft plans to offer about 30% off for customers with more than 1,000 seats and up to 50% off for those buying more than 10,000 seats.
The company had previously offered discounts of about 10% to some customers buying at least 2,000 seats, the report added.
Copilot Expands Beyond Chat
Microsoft said in July that Microsoft 365 Copilot surpassed 30 million paid seats, with net seat additions more than doubling quarter over quarter as engagement and user satisfaction improved.
CEO Satya Nadella s...