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February 27, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- America recently took another step to secure its place as a world leader in Artificial Intelligence when President Trump signed an executive order creating the “American AI Initiative”— a high-level strategy guiding AI development within the US.  Venture capital is already raising record breaking amounts for the technology (raising a record $9.33 billion, or nearly 10% of last year's total VC investments).

Searching for an opportunity in the AI space, we found Gopher Protocol Inc. (GOPH).  The Company just crossed another major milestone in the development of their Artificial Intelligence enabled mobile technology. GOPH just announced they’ve performed successful communication testing of the Alpha version of their GopherInsight MESH system.  This combination Internet of Things (IoT)/ AI play has completed several positive system tests in the development of their potentially groundbreaking technology.

Today we are highlighting: Gopher Protocol Inc. (GOPH), Zynga, Inc. (NASDAQ: ZNGA), Nokia Corporation (NYSE: NOK), Everbridge, Inc. (EVBG), and Garmin Ltd. (NASDAQ: GRMN).

As mentioned above, the successful communication testing of their MESH system is just the latest in a string of positive reports from Gopher Protocol Inc. (GOPH) (Market Cap: $111.064M, Share Price: $0.5325).  The recent test cleared GOPH for field testing outdoors.  Other recent tests identified successful cognitive robotics features where robots were able to sense their environment by means of integrated sensors, location and computer vision.  The Company’s AI engine was successfully integrated into robots resulting in improvements in robots’ perception and understanding of human activities and verbal communications.

In the IoT department, GOPH initiated testing multiple antenna types and configurations as part of the final phase of development for its mesh network gateway device. Antennas are a crucial part of any wireless system, being the central communicator between wireless clients.  So, this announcement was very promising.

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Zynga Inc. (NASDAQ: ZNGA) (Market Cap: $4.656B, Share Price: $5.03) came out with quarterly earnings of $0.02 per share. This compares to earnings of $0.02 per share a year ago. This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this maker of "FarmVille" and other online games would post earnings of $0.04 per share when it actually produced earnings of $0.03, delivering a surprise of -25%. 

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Nokia Corporation (NYSE: NOK) (Market Cap: $34.274B, Share Price: $6.12) received a boost when Jim Cramer recommended the Company for the first time since 1997, citing attractive valuation, and a stronger end-to-end portfolio of solutions.  He thinks there's upside potential if Europe follows the U.S. lead on shutting the door to Huawei and ZTE in 5G markets.
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Everbridge, Inc. (EVBG) (Market Cap: $2.055B, Share Price: $69.30) reported a smaller-than-expected Q4 net loss. The software firm reported revenue grew 43.1% year over year to $41.8 million, also edging past the $41.3 million Street view.

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Garmin Ltd. (NASDAQ: GRMN) (Market Cap: $15.794B, Share Price: $83.65) reported Q4 financial results exceeding Wall Street expectations and providing an upbeat FY19 outlook. The navigation equipment company earned $1.02 per share in Q4, excluding one-time items, on $932 million in revenue compared with the Capital IQ consensus expecting an $0.80 per share non-GAAP profit on $893.1 million in revenue.

 

 

Legal Disclaimer:

 

This article was written by Regal Consulting, LLC (“Regal Consulting”).  Regal Consulting has agreed to a two-month term consulting agreement with GOPH dated 12/31/18.  The agreement calls for $100,000 in cash per month.  All payments were made directly by Gopher Protocol, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of.  Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice.  This article is based on public information and the opinions of Regal Consulting. GOPH was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein.  Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.


 

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