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Market move● Neutral for Indian equities
Microsoft shares rise nearly 4% after Copilot overhaul deepens Office integration
The brief
- Microsoft shares rose 4% to $517.48 after the redesign
- Word, Excel and PowerPoint are being integrated directly into Copilot
- Wall Street rises as investors buy AI stocks; Microsoft rallies
- Bill Gates warns AI could enable events causing a billion deaths
- Big AI reset ahead? Chris Wood doubts hyperscalers’ $990 bn capex estimates, highlights India’s reverse AI trade advantage