Microsoft Expects $800M Impairment Charge After GM Axes Cruise Robotaxis
Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the ...
Microsoft sees $800 million loss on stake in GM’s Cruise
Microsoft plans to take an $800 million charge after General Motors said it was shutting down its autonomous taxi initiative.
Here’s how big 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 Is Losing This Much on GM’s Robotaxi Unit Cruise
Microsoft said on Wednesday it would take an $800 million charge to write down its investment in Cruise—GM’s troubled ...
winbuzzer.com23h
Microsoft Loses $800M With GM Cruise Robotaxi Shutdown
Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
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 ...
GM Authority20h
Microsoft Expects $800 Million Impairment Charge From GM Cruise Robotaxi Operations Shutdown
Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, ...
TweakTown1d
Microsoft expects share price drop and a $800 million fine after GM exits robotaxi business
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
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 expects $800M charge after GM killed its robotaxi unit
Microsoft (MSFT) expects an $800 million charge from its minority stake in General Motors (GM) now shut down the robotaxi unit. The tech giant made a strategic investment in the robotaxi business to ...
Cruise shutdown blastzone increases – Microsoft takes $800M charge
Microsoft announced its minority investment in January 2021, joining Honda and other institutional investors. All told, the ...
Mobile World Live1d
Microsoft cruises to $800M GM self-driving hit
General Motors' decision to ditch its Cruise self-driving taxi company will cost minority stakeholder Microsoft $800 million.