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Microsoft's (NASDAQ:MSFT) Copilot makeover sent its shares sharply higher and to the head of the Dow, on a day theBlue-Chipindexadded 478.64 points and ended a three-week slide.
Microsoft's (NASDAQ:MSFT) chief executive paired a bold Copilot relaunch with a candid admission about trust, and investors cheered the plan anyway, sending the stock to the top of the Dow.
Microsoft's (NASDAQ:MSFT) jump on a revamped Copilot mattered more to the price-weighted Dow than to the broader indices, helping theBlue-Chipaverage beat both the S&P 500 and theNasdaqon Friday.
A revamped Copilot packed with agentic Autopilot features, plus a fresh $570 price target from Oppenheimer, carried Microsoft (NASDAQ:MSFT) to the top of the Dow on a strong Friday for blue chips. MSFT jumped to about $516.17 and finished as the single best performer …
IBM (NYSE:IBM) slipped to $225.51 on Friday, caught in a wave of software selling even as the Dow rallied 478 points and snapped a three-week losing streak.
Microchip Technology jumped to $78.69 on Friday, finishing as the second-best stock in the S&P 500 after unveiling new 48-volt power monitoring chips on a day when semiconductors were in heavy demand.
Microchip Technology's climb to $78.69 on Friday made it the runner-up in the S&P 500, just a step behind fellow chipmaker onsemi, as semiconductors led a broad rally.
●Merger vote passed:Shareholders approved the Open World Ltd.Mergerand change-of-control matters on September 22, 2026, with 6,071,943 shares voted in favor.
Gen Digital plunged to $21.62 on Friday, the worst showing in the S&P 500, as selling continued after a Financial Times report that the company had made an early takeover approach for GoDaddy.
●Facility terminated:Riot repaid in full and terminated its secured term-loanFacilitywith CoinbaseCrediton September 21, 2026, retiring a line that allowed up to $200 million in borrowing.
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