These tools can prepare investors for threats lurking in the market

Investors are often told that uncertainty is inevitable. Well, for those whose stomachs harden at the unknown, there’s some good news. A growing number of tools prepare you for the threats lurking around the market, from a trade war to climate change, by letting you test them out on your investments before they ever happen. HiddenLevers, based in Atlanta and used by some 3,000 advisors, has a library of unpleasant possibilities it can unleash on your portfolio. For example, a user can now see ho


Investors are often told that uncertainty is inevitable. Well, for those whose stomachs harden at the unknown, there’s some good news. A growing number of tools prepare you for the threats lurking around the market, from a trade war to climate change, by letting you test them out on your investments before they ever happen. HiddenLevers, based in Atlanta and used by some 3,000 advisors, has a library of unpleasant possibilities it can unleash on your portfolio. For example, a user can now see ho
These tools can prepare investors for threats lurking in the market Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-16  Authors: annie nova, source, hidden levers, cathy curtis, -thomas verbraken, executive director of risk management at msci
Keywords: news, cnbc, companies, investments, user, market, threats, upside, unpleasant, updated, unleash, used, unknown, prepare, way, tools, lurking, war, investors


These tools can prepare investors for threats lurking in the market

Investors are often told that uncertainty is inevitable. No risk, no reward. Well, for those whose stomachs harden at the unknown, there’s some good news.

A growing number of tools prepare you for the threats lurking around the market, from a trade war to climate change, by letting you test them out on your investments before they ever happen. Many of these programs are only available to you through a financial advisor, though at least one company is discussing a way to develop an app that would be accessible to anyone.

“Examining real-life scenarios allows you to understand ahead of time what type of potential downside and upside you have,” said David Ristau, director of business development at HiddenLevers.

HiddenLevers, based in Atlanta and used by some 3,000 advisors, has a library of unpleasant possibilities it can unleash on your portfolio. The pool is constantly updated. For example, a user can now see how a second government shutdown would rattle their investments.


Company: cnbc, Activity: cnbc, Date: 2019-02-16  Authors: annie nova, source, hidden levers, cathy curtis, -thomas verbraken, executive director of risk management at msci
Keywords: news, cnbc, companies, investments, user, market, threats, upside, unpleasant, updated, unleash, used, unknown, prepare, way, tools, lurking, war, investors


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Chinese ride-hailing giant Didi to lay off 15% of its workforce

Chinese ride-hailing giant Didi Chuxing is planning to lay off about 2,000 people, or 15 percent of its workforce, this year, a source familiar with the situation said Friday. That confirmed earlier Chinese media reports that Didi CEO Cheng Wei said in an internal meeting Friday that the company is preparing for difficult times. Didi is ultimately planning to hire about 2,500 employees this year in areas such as safety, technology and offline management operations, according to the source famili


Chinese ride-hailing giant Didi Chuxing is planning to lay off about 2,000 people, or 15 percent of its workforce, this year, a source familiar with the situation said Friday. That confirmed earlier Chinese media reports that Didi CEO Cheng Wei said in an internal meeting Friday that the company is preparing for difficult times. Didi is ultimately planning to hire about 2,500 employees this year in areas such as safety, technology and offline management operations, according to the source famili
Chinese ride-hailing giant Didi to lay off 15% of its workforce Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: evelyn cheng, zhang peng, lightrocket, getty images
Keywords: news, cnbc, companies, ridehailing, lay, source, operations, familiar, internal, yuan, billion, companys, workforce, 15, didi, chinese, planning, giant


Chinese ride-hailing giant Didi to lay off 15% of its workforce

Chinese ride-hailing giant Didi Chuxing is planning to lay off about 2,000 people, or 15 percent of its workforce, this year, a source familiar with the situation said Friday.

That confirmed earlier Chinese media reports that Didi CEO Cheng Wei said in an internal meeting Friday that the company is preparing for difficult times.

Didi declined to comment to CNBC.

Didi is ultimately planning to hire about 2,500 employees this year in areas such as safety, technology and offline management operations, according to the source familiar with the matter. That would bring the company’s 2019 year-end headcount to about 13,000, which would be on par with staffing at the end of 2018.

Didi is one of the most valuable start-ups in the world and bought Uber’s China operations in 2016.

On Wednesday, Chinese tech news site 36kr, citing leaked internal financial statements, said Didi lost 10.9 billion yuan ($1.6 billion) last year and spent 11.3 billion yuan on driver subsidies. That was a marked acceleration from the company’s 2017 loss of 2.5 billion yuan, according to the report.


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: evelyn cheng, zhang peng, lightrocket, getty images
Keywords: news, cnbc, companies, ridehailing, lay, source, operations, familiar, internal, yuan, billion, companys, workforce, 15, didi, chinese, planning, giant


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Chinese ride-hailing giant Didi to lay off 15% of its workforce

Chinese ride-hailing giant Didi Chuxing is planning to lay off about 2,000 people, or 15 percent of its workforce, this year, a source familiar with the situation said Friday. That confirmed earlier Chinese media reports that Didi CEO Cheng Wei said in an internal meeting Friday that the company is preparing for difficult times. Didi is ultimately planning to hire about 2,500 employees this year in areas such as safety, technology and offline management operations, according to the source famili


Chinese ride-hailing giant Didi Chuxing is planning to lay off about 2,000 people, or 15 percent of its workforce, this year, a source familiar with the situation said Friday. That confirmed earlier Chinese media reports that Didi CEO Cheng Wei said in an internal meeting Friday that the company is preparing for difficult times. Didi is ultimately planning to hire about 2,500 employees this year in areas such as safety, technology and offline management operations, according to the source famili
Chinese ride-hailing giant Didi to lay off 15% of its workforce Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: evelyn cheng, zhang peng, lightrocket, getty images
Keywords: news, cnbc, companies, ridehailing, lay, source, operations, familiar, internal, yuan, billion, companys, workforce, 15, didi, chinese, planning, giant


Chinese ride-hailing giant Didi to lay off 15% of its workforce

Chinese ride-hailing giant Didi Chuxing is planning to lay off about 2,000 people, or 15 percent of its workforce, this year, a source familiar with the situation said Friday.

That confirmed earlier Chinese media reports that Didi CEO Cheng Wei said in an internal meeting Friday that the company is preparing for difficult times.

Didi declined to comment to CNBC.

Didi is ultimately planning to hire about 2,500 employees this year in areas such as safety, technology and offline management operations, according to the source familiar with the matter. That would bring the company’s 2019 year-end headcount to about 13,000, which would be on par with staffing at the end of 2018.

Didi is one of the most valuable start-ups in the world and bought Uber’s China operations in 2016.

On Wednesday, Chinese tech news site 36kr, citing leaked internal financial statements, said Didi lost 10.9 billion yuan ($1.6 billion) last year and spent 11.3 billion yuan on driver subsidies. That was a marked acceleration from the company’s 2017 loss of 2.5 billion yuan, according to the report.


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: evelyn cheng, zhang peng, lightrocket, getty images
Keywords: news, cnbc, companies, ridehailing, lay, source, operations, familiar, internal, yuan, billion, companys, workforce, 15, didi, chinese, planning, giant


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PRO Talks: Leuthold investments strategist Ramsey likes value, overseas stocks

Doug Ramsey, the chief investment officer of The Leuthold Group, said U.S. equities may still be in the throes of an extended bear market and he would look to domestic value stocks or even overseas for better investment ideas. Investors have wondered why the stock market leadership has yet to shift from successful-but-pricey growth stocks to cheaper value plays tied to the health of the U.S. economy. But even though steep growth valuations may in theory make some investors uncomfortable, convinc


Doug Ramsey, the chief investment officer of The Leuthold Group, said U.S. equities may still be in the throes of an extended bear market and he would look to domestic value stocks or even overseas for better investment ideas. Investors have wondered why the stock market leadership has yet to shift from successful-but-pricey growth stocks to cheaper value plays tied to the health of the U.S. economy. But even though steep growth valuations may in theory make some investors uncomfortable, convinc
PRO Talks: Leuthold investments strategist Ramsey likes value, overseas stocks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: thomas franck, david a grogan, crystal mercedes, source, giovanny moreano
Keywords: news, cnbc, companies, market, value, leuthold, sp, strategist, international, stocks, pro, talks, overseas, ramsey, think, likes, investments, growth, theres, investment


PRO Talks: Leuthold investments strategist Ramsey likes value, overseas stocks

[This video is exclusive content for CNBC PRO subscribers and will appear above this story when logged in.]

Doug Ramsey, the chief investment officer of The Leuthold Group, said U.S. equities may still be in the throes of an extended bear market and he would look to domestic value stocks or even overseas for better investment ideas.

“Out of the last 30 up weeks in the S&P 500, 29 have been led by the Russell 1000 growth over value,” Ramsey said during an exclusive interview for CNBC PRO with Mike Santoli. “If you’re looking for renewal, refreshment of this market usually there’s a turnover in leadership and it’s hard to spot necessarily where that would be. I do think there’s a good chance, when the real bear arrives, and we may still be in it, you will see a rotation from growth into value.”

Investors have wondered why the stock market leadership has yet to shift from successful-but-pricey growth stocks to cheaper value plays tied to the health of the U.S. economy. But even though steep growth valuations may in theory make some investors uncomfortable, convincing investors to put cash into neglected value stocks could require some coaxing. The S&P 500 value stock-tracking ETF, IVE, has lost more than 1 percent over the past 12 months while the IVW, which tracks S&P 500 growth stocks, has gained 4 percent.

The same logic could apply to international equities, Ramsey said, which for years have underperformed U.S. stocks.

“You’ve had an 11-year run now in domestic over international. The S&P is at a 50 percent price-to-earnings premium to EFA versus a 15 percent discount 12 years ago,” the investor said, referring to the iShares MSCI EAFE ETF, which tracks the investment results of a basket of stocks outside the U.S. and Canada.

“If we’re still in the same market here, I think domestic will lead it. But when we lapse into a bear, and again there’s a good chance I think we’re still in one, you should see a rotation over to international.”


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: thomas franck, david a grogan, crystal mercedes, source, giovanny moreano
Keywords: news, cnbc, companies, market, value, leuthold, sp, strategist, international, stocks, pro, talks, overseas, ramsey, think, likes, investments, growth, theres, investment


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Airports create sleeping spaces for travelers on the go

Business travelers once looked to airline club rooms as calm oases that offer quiet areas to relax, work, conduct important phone calls or, perhaps, catch a nap. These days, it’s not unusual for airline-operated and independent lounges to be as crowded and noisy. Congested airport terminals and gates have areas that many frequent travelers are willing to pay a fee to avoid – and there are alternatives on offer. Outside the United States, travelers seeking alone time might check into one of the N


Business travelers once looked to airline club rooms as calm oases that offer quiet areas to relax, work, conduct important phone calls or, perhaps, catch a nap. These days, it’s not unusual for airline-operated and independent lounges to be as crowded and noisy. Congested airport terminals and gates have areas that many frequent travelers are willing to pay a fee to avoid – and there are alternatives on offer. Outside the United States, travelers seeking alone time might check into one of the N
Airports create sleeping spaces for travelers on the go Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: harriet baskas, source, minute suites
Keywords: news, cnbc, companies, quiet, terminals, located, sleeping, wifi, travelers, phone, create, seeking, place, spaces, airports, work, rooms


Airports create sleeping spaces for travelers on the go

Business travelers once looked to airline club rooms as calm oases that offer quiet areas to relax, work, conduct important phone calls or, perhaps, catch a nap.

These days, it’s not unusual for airline-operated and independent lounges to be as crowded and noisy. Congested airport terminals and gates have areas that many frequent travelers are willing to pay a fee to avoid – and there are alternatives on offer.

Outside the United States, travelers seeking alone time might check into one of the Napcabs equipped with beds, worktables, touch screens, WiFi and baggage storage, located inside Germany’s Munich or Berlin-Tegel Airports.

Elsewhere, Yotel offers cozy, cabin-like hotel rooms equipped with creature comforts such as futon-like beds, wifi, and flat screen TVs, located inside airport terminals in Amsterdam, London and Paris. Coming soon: Istanbul and Singapore.

Domestically, travelers seeking sleep, a place to work or a quiet place to have a phone conversation have an increasing range of options.


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: harriet baskas, source, minute suites
Keywords: news, cnbc, companies, quiet, terminals, located, sleeping, wifi, travelers, phone, create, seeking, place, spaces, airports, work, rooms


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This Bentley is now the world’s fastest SUV, beating out a Lamborghini

In the battle to make the world’s fastest sport utility vehicle, score another win for Bentley. The British automaker says its new all-wheel-drive Bentayga Speed SUV can reach a top speed of 190 miles per hour, which just barely edges out the Lamborghini Urus, at 189.5 MPH, to claim the title of “the world’s fastest production SUV,” Bentley said in a press release on Thursday. Technically, Bentley is actually reclaiming its crown as the manufacturer of the fastest SUV on the market. The Lamborgh


In the battle to make the world’s fastest sport utility vehicle, score another win for Bentley. The British automaker says its new all-wheel-drive Bentayga Speed SUV can reach a top speed of 190 miles per hour, which just barely edges out the Lamborghini Urus, at 189.5 MPH, to claim the title of “the world’s fastest production SUV,” Bentley said in a press release on Thursday. Technically, Bentley is actually reclaiming its crown as the manufacturer of the fastest SUV on the market. The Lamborgh
This Bentley is now the world’s fastest SUV, beating out a Lamborghini Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: tom huddleston jr, source, bentley motors, didier messens, getty images
Keywords: news, cnbc, companies, worlds, beating, suvs, fastest, suv, bentayga, lamborghini, bentley, speed, urus, sport, title


This Bentley is now the world's fastest SUV, beating out a Lamborghini

In the battle to make the world’s fastest sport utility vehicle, score another win for Bentley.

The British automaker says its new all-wheel-drive Bentayga Speed SUV can reach a top speed of 190 miles per hour, which just barely edges out the Lamborghini Urus, at 189.5 MPH, to claim the title of “the world’s fastest production SUV,” Bentley said in a press release on Thursday.

Each of the luxury SUVs has a starting price of around $200,000.

Technically, Bentley is actually reclaiming its crown as the manufacturer of the fastest SUV on the market. The Lamborghini Urus, first released by the Italian automaker in 2018, took the title from an earlier iteration of the Bentayga SUV that tops out at 187 MPH, according to Jalopnik. (The world’s fastest non-SUV cars in production can top speeds of 250 MPH)

But, Bentley added some additional power to the new and aptly-named Bentayga Speed, which the company touts as having 626 brake horsepower (versus 600 for the regular Bentayga). Both Bentayga SUVs sport a 6.0-litre, twin-turbocharged W12 engine.


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: tom huddleston jr, source, bentley motors, didier messens, getty images
Keywords: news, cnbc, companies, worlds, beating, suvs, fastest, suv, bentayga, lamborghini, bentley, speed, urus, sport, title


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48-year-old CEO who pledged to run 100 marathons in 100 days shares the secret to mental toughness

Last November, Thirst founder and CEO Mina Guli finished the 2018 TCS New York City Marathon. It was only the first of 100 marathons she pledged to run in 100 days to raise awareness about the world’s water crisis. The 48-year-old, who’s never had a passion for racing and even considers herself “a bad runner,” ran 62 consecutive marathons, she tells CNBC Make It. “I learned about the resilience of the human spirit, the power of determination and the capacity we all have when we are inspired to a


Last November, Thirst founder and CEO Mina Guli finished the 2018 TCS New York City Marathon. It was only the first of 100 marathons she pledged to run in 100 days to raise awareness about the world’s water crisis. The 48-year-old, who’s never had a passion for racing and even considers herself “a bad runner,” ran 62 consecutive marathons, she tells CNBC Make It. “I learned about the resilience of the human spirit, the power of determination and the capacity we all have when we are inspired to a
48-year-old CEO who pledged to run 100 marathons in 100 days shares the secret to mental toughness Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: kathleen elkins, source, -mina guli, founder, ceo of thirst
Keywords: news, cnbc, companies, ran, whos, guli, racing, secret, marathons, ceo, york, city, toughness, way, youre, mental, pledged, run, days, 100, shares


48-year-old CEO who pledged to run 100 marathons in 100 days shares the secret to mental toughness

Last November, Thirst founder and CEO Mina Guli finished the 2018 TCS New York City Marathon. It was only the first of 100 marathons she pledged to run in 100 days to raise awareness about the world’s water crisis.

The 48-year-old, who’s never had a passion for racing and even considers herself “a bad runner,” ran 62 consecutive marathons, she tells CNBC Make It. Then she broke her femur. Even so, she was able to complete the 100-day challenge in a way thanks to her team, who ran the remaining 38 marathons for her and even pushed her along in a racing wheelchair.

“I learned about the resilience of the human spirit, the power of determination and the capacity we all have when we are inspired to achieve something,” says Guli, who’s campaign took her across the globe. She ran across parts of Europe, India, China, the Middle East, Africa, Australia and South America before finishing back where she started, in New York City, on February 11, 2019.

There are two keys to developing grit, the activist says. For starters, you have to have a clear purpose, or a “why”: “The first thing is knowing why you’re doing something, and being so passionate about it and committed to it that nothing will stand in your way.”


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: kathleen elkins, source, -mina guli, founder, ceo of thirst
Keywords: news, cnbc, companies, ran, whos, guli, racing, secret, marathons, ceo, york, city, toughness, way, youre, mental, pledged, run, days, 100, shares


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Walmart is putting trailers full of VR technology in its parking lots

Walmart over the next few weeks will be bringing 50-foot tractor-trailers to the parking lots of some of its stores to let customers experience DreamWorks Animation’s “How to Train Your Dragon” using virtual reality technology. This is just the first application by Walmart of Spatial&, a VR tech company that’s been growing in stealth mode for the past year under Walmart’s incubator Store No. With Spatial&, the company could bring more VR into stores for shoppers to experience for themselves. The


Walmart over the next few weeks will be bringing 50-foot tractor-trailers to the parking lots of some of its stores to let customers experience DreamWorks Animation’s “How to Train Your Dragon” using virtual reality technology. This is just the first application by Walmart of Spatial&, a VR tech company that’s been growing in stealth mode for the past year under Walmart’s incubator Store No. With Spatial&, the company could bring more VR into stores for shoppers to experience for themselves. The
Walmart is putting trailers full of VR technology in its parking lots Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: lauren thomas, source, spatial
Keywords: news, cnbc, companies, spatial, parking, trailers, company, walmart, experience, feb, putting, technology, vr, texas, stores, lots


Walmart is putting trailers full of VR technology in its parking lots

Walmart over the next few weeks will be bringing 50-foot tractor-trailers to the parking lots of some of its stores to let customers experience DreamWorks Animation’s “How to Train Your Dragon” using virtual reality technology.

Wearing a VR headset and sitting in VR-powered chairs, users will be able to see and feel — and even smell — like they are in the DreamWorks film.

This is just the first application by Walmart of Spatial&, a VR tech company that’s been growing in stealth mode for the past year under Walmart’s incubator Store No. 8. Spatial& is notably the second company officially launched out of Store No. 8, after Jetblack, a text-to-order service currently being tested in New York.

Walmart has big plans for VR. To date, it’s been using VR headsets in its training academies for employees to let them experience what it might be like to work a busy Black Friday shift in Walmart stores, for example. With Spatial&, the company could bring more VR into stores for shoppers to experience for themselves.

“We are looking at what we believe will be transformational for the retail customer experience,” Katie Finnegan, CEO of Spatial&, told CNBC. “We want to … move the market.”

Finnegan said the VR trailers can work in many ways, giving shoppers an immersive experience where they can test out camping gear, for example, or visit the vineyard where Walmart’s wine is sourced, she said.

Then, as more items are purchased online, Walmart will have more flexibility with its real estate, Finnegan said. “The square footage opens up a lot of possibilities. … This 100,000-square-foot box can really be transformed into a place for entertainment, experiences and community building.”

“I think it’s a viable reality in the five- to seven-year time horizon,” she said.

The verdict is still out on how shoppers are responding to technology like VR headsets in stores. Macy’s is another company that’s been testing VR as a way to look at and purchase larger furniture pieces.

Only 23 percent of people said they wanted to use some sort of VR device when shopping, according to a survey of 1,200 consumers and 400 retail executives by Oracle NetSuite. They cared more about self-checkout kiosks.

The “How to Train Your Dragon” experience will be at these Walmart stores from Feb. 15 to April 9:

Burbank, California (1301 N. Victory Place) — Feb. 15-16

Pico Rivera, California (8500 Washington Blvd.) — Feb. 17-19

Anaheim, California (440 Euclid St.) — Feb. 22-23

San Bernardino, California (4001 Hallmark Parkway) — Feb. 24-26

Las Vegas, Nevada (5200 S. Fort Apache Road) — March 1-2

North Las Vegas, Nevada (6464 N. Decatur Blvd.) — March 3-5

Glendale, Arizona (5010 N. 95th Ave.) — March 8-9

Gilbert, Arizona (2501 S. Market St.) — March 10-12

San Antonio, Texas (8923 W. Military Drive) — March 15-16

New Braunfels, Texas (1209 S. Interstate 35) — March 17-19

Grand Prairie, Texas (2225 I-20) — March 22-23

Allen, Texas (730 W. Exchange Parkway) — March 24-26

Sugar Land, Texas (345 Highway 6) — March 29-30

Katy, Texas (1313 N. Fry Road) — March 31-April 2

Rogers, Arkansas (4208 S. Pleasant Crossing Blvd.) — April 5-6

Bentonville, Arkansas (406 S. Walton Blvd.) — April 7-9

Disclosure: CNBC’s parent company NBCUniversal is owned by Comcast, which purchased DreamWorks Animation.


Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: lauren thomas, source, spatial
Keywords: news, cnbc, companies, spatial, parking, trailers, company, walmart, experience, feb, putting, technology, vr, texas, stores, lots


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Cisco is taking on Huawei globally and winning its share of deals, CEO Chuck Robbins says

If Cisco CEO Chuck Robbins is worried about China’s Huawei, he’s doing a good job hiding it. Robbins told CNBC’s Jim Cramer on Thursday, following his company’s better-than-expected quarterly earnings report, that in markets where Cisco and Huawei go head-to-head selling networking equipment, his company is winning it share of deals. “We haven’t seen any material impact from all of the noise in the system around this topic,” Robbins said. The noise Robbins is referencing pertains to the many con


If Cisco CEO Chuck Robbins is worried about China’s Huawei, he’s doing a good job hiding it. Robbins told CNBC’s Jim Cramer on Thursday, following his company’s better-than-expected quarterly earnings report, that in markets where Cisco and Huawei go head-to-head selling networking equipment, his company is winning it share of deals. “We haven’t seen any material impact from all of the noise in the system around this topic,” Robbins said. The noise Robbins is referencing pertains to the many con
Cisco is taking on Huawei globally and winning its share of deals, CEO Chuck Robbins says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: ari levy, source
Keywords: news, cnbc, companies, deals, canada, ceo, globally, taking, company, meng, look, cisco, share, equipment, winning, country, chuck, noise, robbins, huawei


Cisco is taking on Huawei globally and winning its share of deals, CEO Chuck Robbins says

If Cisco CEO Chuck Robbins is worried about China’s Huawei, he’s doing a good job hiding it.

Robbins told CNBC’s Jim Cramer on Thursday, following his company’s better-than-expected quarterly earnings report, that in markets where Cisco and Huawei go head-to-head selling networking equipment, his company is winning it share of deals.

“We haven’t seen any material impact from all of the noise in the system around this topic,” Robbins said. “If you look at the numbers and you look at our service provider business in both Europe and Asia, where we compete with them, they were both positive. So we were able to compete.”

The noise Robbins is referencing pertains to the many controversies surrounding Huawei, particularly in the U.S., where the company faces a broader ban on its equipment because of security concerns. Huawei has been expanding outside of its home country as it gears up for the deployment of 5G networks across the globe, offering cheaper gear than its Western competitors can provide.

In December, Huawei CFO Meng Wanzhou was arrested in Canada on fraud charges. Prosecutors in New York say Meng and Huawei sought to hide payments made for equipment sold to Iran, a violation of sanctions against that country, and Canada is weighing whether to extradite Meng to the U.S.


Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: ari levy, source
Keywords: news, cnbc, companies, deals, canada, ceo, globally, taking, company, meng, look, cisco, share, equipment, winning, country, chuck, noise, robbins, huawei


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Walmart is putting trailers full of VR technology in its parking lots

Walmart over the next few weeks will be bringing 50-foot tractor-trailers to the parking lots of some of its stores to let customers experience DreamWorks Animation’s “How to Train Your Dragon” using virtual reality technology. This is just the first application by Walmart of Spatial&, a VR tech company that’s been growing in stealth mode for the past year under Walmart’s incubator Store No. With Spatial&, the company could bring more VR into stores for shoppers to experience for themselves. The


Walmart over the next few weeks will be bringing 50-foot tractor-trailers to the parking lots of some of its stores to let customers experience DreamWorks Animation’s “How to Train Your Dragon” using virtual reality technology. This is just the first application by Walmart of Spatial&, a VR tech company that’s been growing in stealth mode for the past year under Walmart’s incubator Store No. With Spatial&, the company could bring more VR into stores for shoppers to experience for themselves. The
Walmart is putting trailers full of VR technology in its parking lots Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: lauren thomas, source, spatial
Keywords: news, cnbc, companies, spatial, parking, trailers, company, walmart, experience, feb, putting, technology, vr, texas, stores, lots


Walmart is putting trailers full of VR technology in its parking lots

Walmart over the next few weeks will be bringing 50-foot tractor-trailers to the parking lots of some of its stores to let customers experience DreamWorks Animation’s “How to Train Your Dragon” using virtual reality technology.

Wearing a VR headset and sitting in VR-powered chairs, users will be able to see and feel — and even smell — like they are in the DreamWorks film.

This is just the first application by Walmart of Spatial&, a VR tech company that’s been growing in stealth mode for the past year under Walmart’s incubator Store No. 8. Spatial& is notably the second company officially launched out of Store No. 8, after Jetblack, a text-to-order service currently being tested in New York.

Walmart has big plans for VR. To date, it’s been using VR headsets in its training academies for employees to let them experience what it might be like to work a busy Black Friday shift in Walmart stores, for example. With Spatial&, the company could bring more VR into stores for shoppers to experience for themselves.

“We are looking at what we believe will be transformational for the retail customer experience,” Katie Finnegan, CEO of Spatial&, told CNBC. “We want to … move the market.”

Finnegan said the VR trailers can work in many ways, giving shoppers an immersive experience where they can test out camping gear, for example, or visit the vineyard where Walmart’s wine is sourced, she said.

Then, as more items are purchased online, Walmart will have more flexibility with its real estate, Finnegan said. “The square footage opens up a lot of possibilities. … This 100,000-square-foot box can really be transformed into a place for entertainment, experiences and community building.”

“I think it’s a viable reality in the five- to seven-year time horizon,” she said.

The verdict is still out on how shoppers are responding to technology like VR headsets in stores. Macy’s is another company that’s been testing VR as a way to look at and purchase larger furniture pieces.

Only 23 percent of people said they wanted to use some sort of VR device when shopping, according to a survey of 1,200 consumers and 400 retail executives by Oracle NetSuite. They cared more about self-checkout kiosks.

The “How to Train Your Dragon” experience will be at these Walmart stores from Feb. 15 to April 9:

Burbank, California (1301 N. Victory Place) — Feb. 15-16

Pico Rivera, California (8500 Washington Blvd.) — Feb. 17-19

Anaheim, California (440 Euclid St.) — Feb. 22-23

San Bernardino, California (4001 Hallmark Parkway) — Feb. 24-26

Las Vegas, Nevada (5200 S. Fort Apache Road) — March 1-2

North Las Vegas, Nevada (6464 N. Decatur Blvd.) — March 3-5

Glendale, Arizona (5010 N. 95th Ave.) — March 8-9

Gilbert, Arizona (2501 S. Market St.) — March 10-12

San Antonio, Texas (8923 W. Military Drive) — March 15-16

New Braunfels, Texas (1209 S. Interstate 35) — March 17-19

Grand Prairie, Texas (2225 I-20) — March 22-23

Allen, Texas (730 W. Exchange Parkway) — March 24-26

Sugar Land, Texas (345 Highway 6) — March 29-30

Katy, Texas (1313 N. Fry Road) — March 31-April 2

Rogers, Arkansas (4208 S. Pleasant Crossing Blvd.) — April 5-6

Bentonville, Arkansas (406 S. Walton Blvd.) — April 7-9

Disclosure: CNBC’s parent company NBCUniversal is owned by Comcast, which purchased DreamWorks Animation.


Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: lauren thomas, source, spatial
Keywords: news, cnbc, companies, spatial, parking, trailers, company, walmart, experience, feb, putting, technology, vr, texas, stores, lots


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