Microsoft (MSFT) announced an expected impairment charge of around $800 million for Q2 of fiscal year 2025 due to General Motors’ (GM) exit from its Cruise autonomous driving venture. GM’s decision to discontinue its robotaxi service, after investing over $10 billion since 2016, stems from challenges like competition and resource demands. Microsoft’s investment in Cruise aimed to boost self-driving vehicle commercialization, but with GM’s shift, Microsoft must adjust its stake’s value, impacting earnings by about 9 cents per share. While MSFT shares rose 1.28% to $448.99, they dipped slightly after hours, remaining close to a 52-week high.