Microsoft Sees $800 Million Charge on Stake in GM’s Cruise
Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi ...
Here’s how much of a hit Microsoft is taking on its investment in GM’s Cruise
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...
Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business
Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced ...
Microsoft Expects $800 Million Impairment Charge Due To GM's Cruise Exit, Analyst Says It's A 'Step In The Right Direction' For Automaker
Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the ...
Microsoft to take $800 million hit from this sudden U-turn by General Motors
Microsoft announced an $800 million impairment charge due to General Motors' termination of its Cruise autonomous vehicle ...
Microsoft will take an $800M hit over Cruise robotaxi shutdown
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority ...
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...
Honda cuts funding to robotaxi venture with Cruise and GM in Japan
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now ...
Microsoft Is Losing This Much on GM’s Robotaxi Unit Cruise
The fallout from General Motors ’ decision to move away from self-driving robotaxis is starting to spread. Microsoft said on Wednesday it would take an $800 million charge to write down its investment ...
Microsoft sees $800M charge from GM no longer funding robotaxi
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Microsoft sees $800M impairment charge in Q2 linked to GM’s Cruise plans
In a regulatory filing, Microsoft (MSFT) stated that in January 2021, Microsoft announced a minority investment in Cruise, an autonomous ...
Wall Street Breakfast Podcast: GM Pumps The Brakes On Robotaxis
General Motors ends robotaxi development. Bausch & Lomb falls amid report Blackstone may drop out of takeover bid. Microsoft ...