Microsoft will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program. The tech giant expects to incur the charge ...

Smith Collection / Gado / Getty Images Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the development of Cruise autonomous vehicles.

(Reuters) - Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' exit of the Cruise autonomous driving business ...

Microsoft to record an impairment charge of $800 million in the second quarter of fiscal 2025. This follows General Motors exit from funding Cruise‘s robotaxi development. Ready to turn the ...

General Motors Co.’s stock slid Wednesday as the auto giant’s joint-venture in China booked more than $5 billion in impairment charges and write-downs in the face of competitive price wars in ...

GM will recognize a non-cash impairment charge of $2.6B–$2.9B for its ... to stabilize market share and focus on profitability. General Motors expects to recognize additional equity losses ...

General Motors ... a temporary impairment of its equity interest in the China JVs in the range of $2.6B–2.9B in the three months ending December 31, 2024 The majority of these charges will ...