Intel Goes KOBATA (Nasdaq:INTC)

New York- Intel Corporation went KOBATA on Tuesday, the chip maker located in Santa Clara, California reported record revenue and record profits. Intel also raised revenue guidance and gross margin guidance for quarter 4. Any Kibbens the CEO of The Markets Are Open explained KOBATA is Wall Street lingo for "knocked it out of the ballpark above top expectations." Kibbens said this was the appropriate term to be used given the earnings beat and the fact the baseball playoffs are currently occurring. Intel shares are roaring up over 1.01% in after hours which is from the time the markets close until 8 PM where stock typically trade at a lower volume.