Somnox robot "breathes" to help people fall asleep. The company's founder Julian Jagtenberg explains how this product works, and its plans to enter the U.S. market.
"This is the world's first sleep robot," says Jagtenberg. "It's like a teddy bear for adults." The robot provides soothing audio like a heartbeat to help people meditate and fall asleep. Jagtenberg says his company is pioneering the future of sleep.
Jagtenberg says he hopes this robot helps people with sleep problems without the need of medication. Somnox will be at CES 2018 to offer a 'hand's on' look at this sleep technology. Somnox has raised 200,000 Euros through Kickstarter.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
