Intel issues upbeat forecast as Q3 earnings beat

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Intel (INTC) reported third quarter earnings that were better than expected. Adjusted earnings were $0.41 per share versus estimates of $0.21. Revenue was...

) reported third quarter earnings that were better than expected. Adjusted earnings were $0.41 per share versus estimates of $0.21. Revenue was $14.2 billion compared to an estimated $13.54 billion. Guidance for the fourth quarter was also better then Wall Street had been expecting.

Ruffer, a UK-based fund known for winning bets made in the volatility market, is now hoping for a big upswing in the Japanese yen.

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