HENDERSON, NV / ACCESSWIRE / April 1, 2019 / Tech stocks are back in vogue this year; below we’ve highlighted some. Two major areas to concentrate on in tech are artificial intelligence (AI) and Internet of Things (IoT) opportunities. Due to AI, global GDP is expected to reach almost $15.7 trillion in the next decade. It has the potential to increase business efficiency by 40 %. The combined markets of the Internet of Things (IoT) will grow to about $520B in 2021. In other words, get on board, because these are going to be major market drivers.

There has been 14 times more growth in AI startups and investment in AI has grown 6 times more in the last 19 years.

One company that has an AI and IoT component is Gopher Protocol Inc. (GOPH). The company recently completed initial testing of its Avant! AI mobile application, which is the interface to Gopher’s Avant! AI system. Gopher Protocol has a suite of mobile applications, GopherInsight™ and their Avant! Machine learning system, which connects to several devices on the network, an Internet of Things (IoT) component. It announced today that it has released its Avant! AI mobile app, available for download for Android -and iOS mobile devices. With McDonalds and SAS each making news recently about investments in AI, investors are hungry for opportunities in the space, so start your research now.

Today we are highlighting: Gopher Protocol Inc. (GOPH), Switch, Inc. (SWCH), Fitbit, Inc. (NYSE: FIT), Advanced Micro Systems (NASDAQ: AMD), and Tesla, Inc. (NASDAQ: TSLA).

Gopher Protocol Inc. (GOPH) (Market Cap: $95.217M; Share Price: $0.449) has completed several tests recently. One of the recent tests cleared GOPH for field testing outdoors. Other recent research analyses 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 artificial intelligence engine was successfully integrated into robots resulting in improvements in robots’ perception and understanding of human activities and verbal communications.

The company announced it had filed a non-provisional patent application with the United States Patent and Trademark Office (USPTO) covering Gopher’s 3D microchip design and manufacturing technology. The goal of the technology specified in this application is to facilitate the design and manufacturing of superior computing microchips to power AI systems, wireless and IoT/Mobile systems.

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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Switch, Inc. (SWCH) (Market Cap: $2.506B; Share Price: $10.31) just released their Q4 2018 financials. The company reported fourth-quarter net income of $2.6 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Las Vegas-based company said it had net income of 5 cents. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. For the year, the company reported profit of $4.1 million, or 9 cents per share. Revenue was reported as $405.9 million. Switch expects full-year revenue in the range of $436 million to $445 million.

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Fitbit, Inc. (FIT) (Market Cap: $1.496B; Share Price: $5.92) recently expanded its partnership with Arizona-based Solera Health, in order to help people, improve health culture and reduce type 2 diabetes. Under the agreement, Fitbit will offer a health care platform to Solera members. The deal is aimed at improving care management among users through positive thinking and physical exercise, to name a few.

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Advanced Micro Systems (AMD) (Market Cap: $27.601B; Share Price: $25.52) made a number of notable announcements regarding storage, edge computing and networking, at the embedded world Conference 2019 in Nuremberg, Germany. With an aim to assist customers in deploying latest machine vision applications, AMD announced alliance with Mentor and Advantech. The companies are working together on embedded solution aimed at enhancing accuracy and efficiency of machine vision applications. AMD shares recently surged over 20% on the news of Google using custom graphics chipset from AMD in its upcoming Stadia online gaming.

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Tesla, Inc. (TSLA) (Market Cap: $48.338B; Share Price: $279.86) – CEO Elon Musk said a move to offer a cut-down version of its flagship Model 3 sedan will likely result in a first quarter loss, only weeks after telling investors he would turn the clean energy carmaker into the black. Tesla also said it would start shutting down its network of stores and showrooms to focus solely on online sales, a move that, along with the increased delivery costs linked to the new Model 3 sales, will carve into profits for the three months ending in March.

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Signed by

Priyanka Goel, CFA

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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