General Motors exits the autonomous taxi Business; Microsoft (MSFT.US) is expected to record a $0.8 billion impairment charge.

AASTOCKS · Dec 12, 2024 05:53

After General Motors (GM.US) announced its exit from the Cruise autonomous taxi program, Microsoft (MSFT.US) is expected to record a $0.8 billion impairment expense in the second quarter of 2025, negatively impacting earnings by approximately 9 cents per share.

Microsoft announced in January 2021 a minority equity investment in Cruise, a subsidiary of General Motors, as part of a $2 billion investment round, with General Motors holding a majority stake in the company.

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通用汽車退出自動駕駛計程車業務 微軟(MSFT.US)料錄8億美元減值支出

General Motors exits the autonomous taxi Business; Microsoft (MSFT.US) is expected to record a $0.8 billion impairment charge.

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通用汽車退出自動駕駛計程車業務微軟(MSFT.US)料錄8億美元減值支出