Microsoft Corporation is trading 4% down at $18,990 after a multi-session pullback tied to investor reaction to its Copilot Cowork pricing shift.

  • On June 17, 2026, Microsoft transitioned Copilot Cowork from fixed-seat to usage-based pricing, citing rising AI compute costs and heavy enterprise workloads.
  • The pricing change is pressuring sentiment even as broader U.S. equities trade higher with a tech-led risk-on tone.