Microsoft shares jump 4% after massive Copilot overhaul launch

Microsoft shares rose 4% on Friday to reach $517.48 on Nasdaq following the unveiling of its largest Copilot engineering overhaul designed as a new operating system for work.

The redesigned app introduces Home, Code for natural language software creation, and Autopilot for background tasks, alongside FinOps for AI spend management.

The stock rally puts Microsoft on track for its first weekly gain in four weeks and turns its year-to-date losses positive by 6.80%.