MarketWatch6d
Here’s how big a hit Microsoft is taking on its investment in GM’s Cruise
Microsoft Corp. on late Wednesday warned investors that it will be taking a $800 million charge related to its investment in General Motors Co.’s Cruise robotaxi unit. Microsoft MSFT and others ...
Hosted on MSN24d
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 robotaxi unit. Cruise lost its license to drive in California in October ...
TechCrunch25d
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 investors. Microsoft, which in 2021 made an ...
GM Authority24d
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. The impairment charge is expected in the second quarter of the 2025 calendar ...
Hosted on MSN24d
Microsoft Expects $800M Impairment Charge After GM Axes Cruise Robotaxis
GM said late Tuesday that it would end development of the robotaxis because of the cost to scale the project, and shift the team to developing other driver assistance programs. Microsoft (MSFT ...
Benzinga.com24d
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 to record an impairment charge of ... the company said. See Also: GM’s Cruise Exit Draws Sharp Reaction From Co-Founder Kyle Vogt: Tesla CEO Elon Musk Says Autonomous Driving Is ...
GeekWire25d
Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business
GM announced this week that it will no longer pursue the Cruise robotaxi business. (Cruise Photo) Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after ...
Yahoo Finance24d
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 ...
Yahoo Finance25d
Microsoft Sees $800 Million Charge on Stake in GM’s Cruise
(Bloomberg) -- Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi initiative. GM this week said it will no longer fund the ...
Business Insider25d
Microsoft sees $800M impairment charge in Q2 linked to GM’s Cruise plans
Try Now>> See today’s best-performing stocks on TipRanks >> Read More on GM: Microsoft NewsMORE Related Stocks Indices Commodities Currencies Stocks ...
Morningstar25d
Here's how much of a hit Microsoft is taking with its investment in GM's Cruise
Microsoft (MSFT) and others, including Honda Motor Co. (HMC), gave Cruise a $2 billion boost back in January 2021. GM (GM) on late Tuesday announced plans to scrap funding for Cruise, a move that ...