— lost that much money in all of 2018. Uber attributed most of its quarterly deficit to stock-based compensation. Excluding that expense, Uber's losses were around $1.3 billion, or roughly 30% wider than the prior period.
High stock-related compensation costs are normal for Silicon Valley companies as a price of luring top talent.Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on March 25, 2019, in Cupertino, California.
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Why is CNBC raising sentiments of recession? This is not productive. 2nd Q earnings were positive, unemployment low and inflation in check. Change your voice CNBC!
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