The fallout from General Motors ’ decision to move away from self-driving robotaxis is starting to spread. Microsoft said on Wednesday it would take an $800 million charge to write down its investment ...
In terms of per-share earnings, the charge will be a hit of around 9 cents a share to Microsoft's fiscal second-quarter EPS. The FactSet analyst consensus calls for EPS of $3.15 for Microsoft, which ...
Microsoft will record an $800 million impairment charge tied to its minority investment in General Motor's now-scrapped robotaxi program Cruise. The tech giant expects to incur the charge, which is ...
Bill Gates' massive undisclosed bet against Tesla could wipe out his wealth as the EV company surges to record highs amid analysts lifting share target prices earlier this week.