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 ...
Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motor’s ...
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 ...
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 ...
In the U.S., four robotaxi companies have been leading the way: Cruise, Motional, Waymo, and Zoox. (While Tesla is worth ...
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 ...
Microsoft MSFT-0.78%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.
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 ...
Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program. The Stock Market Is Doing Something It ...
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