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, which ...

Dec 11 (Reuters) - Microsoft (MSFT.O), opens new tab expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' (GM.N), opens new ...

Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in robotaxi startup Cruise after General Motors announced this week that it ...

Zinger Key Points. 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.

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 ...

General Motors said it expects to incur more than $5 billion in impairment charges and writedowns in the fourth quarter related to its joint venture with China's SAIC Motor.

GM will recognize a non-cash impairment charge of $2.6B–$2.9B for its China joint ventures in Q4 2024. The impairment stems from restructuring at SAIC GM and ongoing market challenges, impacting ...

General Motors (NYSE:GM) expects to record two non-cash charges of more than $5B on its joint venture in China, the automaker said in a regulatory filing on Wednesday.The Detroit automaker ...

Microsoft MSFT-1.08 % decrease; red down pointing triangle will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program.

(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 ...