Microsoft stock

Microsoft Stock

All-Time High Reached

Microsoft stock reached a record high on Monday after the company announced that Sam Altman, former chief executive of OpenAI, will be joining the company to lead its artificial intelligence innovation leg. This news has sparked excitement among investors, leading to a surge in the stock price.

Positive Impact on Market

The hiring of Sam Altman is seen as a strategic move by Microsoft to strengthen its position in the AI market. With Altman's expertise and experience in the field, the company is expected to make significant advancements in AI technology, which could potentially drive further growth in the stock price.