On September 25, Microsoft surged 3.26% in regular trading, reaching $515.17 per share with turnover of $2.932 billion, significantly outperforming the broader Systems Software sector.
The rally was primarily driven by Microsoft unveiling a major Copilot overhaul, launching several new features including a dedicated coding tool and an always-on AI assistant. The revamped Copilot now integrates Home, Code, and Autopilot capabilities, marking a strategic pivot away from the personal AI chatbot race toward a comprehensive AI productivity platform. The move signals Microsoft's intent to deepen Copilot penetration across enterprise and developer workflows.
Adding to the bullish momentum, Goldman Sachs projected that Amazon, Alphabet, Microsoft, Oracle, and Meta will collectively spend $800 billion on AI infrastructure this year, underscoring the scale of industry commitment. FactSet further estimates the five hyperscalers will deploy $4.2 trillion in capital expenditures through 2029. Meanwhile, Stifel upgraded Microsoft to Buy with a $575 target, and Oppenheimer raised its target to $570, both citing accelerating Azure and Microsoft 365 Copilot adoption as key growth catalysts.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)