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.

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 ...

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 ...

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 (GM) is set to incur a writedown and restructuring charges exceeding $5bn in relation to its underperforming Chinese joint ventures (JVs). GM revealed in a recent regulatory filing ...

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 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 ...