HENDERSON, NV / ACCESSWIRE / February 7, 2019 / Technology stocks extended their best rally in almost a month after Facebook Inc. reported fourth-quarter revenue that exceeded the most optimistic of analyst estimates. Alphabet Inc., which like Facebook relies on web advertising for most of its sales, gained 1.7 % in extended trading. An exchange-traded fund that tracks the tech-heavy Nasdaq 100 Index rose 0.5 %. Facebook shares surged 9 %, adding to its 4.3 % gain in the regular session.
The biggest winners in this rally, however, may be the small to midcap plays. One we like in this space that has a huge runway to reach their previous highs is Gopher Protocol Inc. (GOPH). GOPH, an Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies company, just finished an eight-city roadshow in Europe with Swiss Growth Forums. The company's CEO, Doug Davis, recently presented with Jon Najarian of CNBC. Currently, GOPH is coming off support which means now is an ideal time to research the company.
Gopher Protocol, Inc. (GOPH) (Market Cap: $73.818M, Share Price: $0.3950) specializes in the development of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global mesh network technology platform for both mobile and fixed solutions. The company has been making major strides in the past few weeks. GOPH has 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.
GOPH released even more promising news last week, announcing the competition of its distributed artificial intelligence (DAI) working model for their AI system and is now in the implementation stage. The implementation of DAI is intended to be a key block to enable dynamic learning, planning, and fast decision making. It is also intended to enable greater computation power and spatial distribution of Avant! computing resources. This system is planned to coordinate and synchronize between Avant! mobile app and its web application. Distributed Artificial Intelligence (DAI) is a predecessor of the field of Multi-Agent Systems and is typically used for self-organized systems. Avant! DAI system is targeted to include interacting intelligent agents in order to solve problems that are highly difficult for an individual agent to solve. GOPH is scheduled to test its DAI system in mid-May 2019.
With everything it is developing, GOPH could come back from Europe with good news for their early investors.
Glu Mobile, Inc. (GLUU) (Market Cap: $1.278B, Share Price: $8.92) will release fourth-quarter results after the market close on Monday. Analysts expect the company to earn 7 cents a share on sales of $96 million in the December quarter. In the year-earlier period, Glu lost 29 cents a share on sales of $80.2 million.
Another app play announcing results, Zynga, Inc. (ZNGA) (Market Cap: $4.51B, Share Price: $4.175), will report and discuss fourth quarter and full year 2018 financial results.
Infinera Corporation (INFN) (Market Cap: $848.687M, Share Price: $4.85) provider of Intelligent Transport Networks, today announced the expansion of its portfolio of metro packet-optical solutions with the introduction of the Infinera 7100 PSX-3S platform. The compact, high-density 1 rack unit (1RU) 7100 PSX-3S platform enables cost-effective access and aggregation of diverse metro traffic types, including high-speed Ethernet and 10 gigabits per second (Gb/s) and 100 Gb/s wavelength-division multiplexing (WDM).
Groupon, Inc. (GRPN) (Market Cap: $2.118B, Share Price: $3.71) will hold a conference call to discuss its fourth-quarter and full-year 2018 financial results on Wednesday, February 13, 2019, at 10:00am EST. Groupon plans to publish a letter to stockholders along with its fourth-quarter and full-year 2018 financial results after the close of market trading on Tuesday, February 12, 2019.
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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SOURCE: ACR Communication, LLC
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