Microsoft plans to take an $800 million charge after General Motors said it was shutting down its autonomous taxi initiative.

Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the ...

Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...

Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi ...

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...

Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motors’ ...

Microsoft announced its minority investment in January 2021, joining Honda and other institutional investors. All told, the ...

GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving ...

Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the ...

Microsoft announced an $800 million impairment charge due to General Motors' termination of its Cruise autonomous vehicle ...

Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.

MICROSOFT expects to record an impairment charge of around US$800 million in the second quarter of fiscal year 2025 over ...