Microsoft shares fell 1.35% to $509.38 as rising Treasury yields and oil prices pressured the broader market, while investors assessed the company’s effort to turn Copilot into a broader workplace platform and revenue engine. Microsoft’s revamped Copilot combines Chat and Cowork with Code and Autopilot, enabling users to analyze information, build workplace tools and delegate longer-running tasks. Autopilot agents receive individual identities, permissions and audit histories, while actions such as sending or deleting emails and making purchases require human approval. The company plans to sell seats for everyday AI use and charge consumption-based fees for heavier Cowork, Code and Autopilot workloads. Oppenheimer analyst Brian Schwartz raised his Microsoft price target to $570 from $515 and said the changes could improve engagement, retention and monetization. He cited Azure growth in the low-40% range, Microsoft’s mid-40% growth guidance for the quarter and the possibility of roughly 50% growth at more than $100 billion of scale. Microsoft’s broader Copilot push follows its September 25 consolidation of conversational AI, coding tools and autonomous agents. Premium Copilot subscriptions reached 30 million, while GitHub Copilot surpassed 50 million registered users. Microsoft continues to support models from OpenAI and Anthropic, and its products remain positioned against Claude and other integrated AI offerings.