Microsoft stock ticks up as Nadella reshuffles top ranks for post-OpenAI AI push
Microsoft shares rose 0.3% to $488.52 after reports of CEO Satya Nadella reshuffling senior leadership to speed up in-house AI efforts. The Financial Times said Nadella tapped former Meta executive Jay Parikh to lead a new CoreAI unit. Investors also weighed Federal Reserve minutes showing divisions over 2026 rate cuts. Trading volume was thin ahead of year-end.