AI May Kill Some Jobs, But Investors Will Benefit
February 26, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- Business leaders are finally fessing up to the fact that artificially intelligent enterprise software is going to kill thousands of service jobs. Rather than become a victim to the unstoppable force, investors are grabbing shares in AI companies to gain from the technology’s proliferation. One AI company that is just grabbing the market’s attention, meaning this is a prime time to start your research on it, Gopher Protocol Inc. (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), Micron Technology, Inc. (NASDAQ: MU), iRobot Corporation (IRBT), Baidu, Inc. (NASDAQ: BIDU), and NVIDIA Corporation (NASDAQ: NVDA).
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: $108.456M, Share Price: $0.52). 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 artificial intelligence 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.
Micron Technology, Inc. (NASDAQ: MU) (Market Cap: $47.914B, Share Price: $42.74) announced that it will hold its fiscal second quarter earnings conference call on Wednesday, March 20, 2019 at 2:30 p.m. MDT.
iRobot Corporation (IRBT) (Market Cap: $3.383B, Share Price: $121.69) reported record fourth-quarter earnings and beating Wall Street's expectations. Fourth-quarter revenue increased 17.7% vs. the comparable period, to $384.7 million above the consensus estimate of $379 million -- a record high for the company.
Baidu, Inc. (NASDAQ: BIDU) (Market Cap: $57.513M, Share Price: $165.00) shareholders have enjoyed stellar performance from the stock; its shares are up more than 1,200% over the last decade. However, its run over the last several years has been characterized by volatility. The Chinese search engine and online advertising leader saw its stock price hit a lifetime high in 2018, but a slowdown for China's economy and concerns that its stock market had become overheated prompted steep sell-offs in the year's latter half.
NVIDIA Corporation (NASDAQ: NVDA) (Market Cap: $96.801B, Share Price: $158.69) reported earnings that beat expectations recently, though only because two forecast reductions had greatly diminished those expectations. Despite a fiscal first-quarter outlook that calls for another steep year-over-year sales decline, the Company predicted that full-year revenue would be flat or decline only slightly.
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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