Intel shares fell 29.9% to $64.54 on 30 Oct 2026, the steepest one-day drop since 1974 according to Fortune, after the chipmaker warned of negative cash flow this year and forecast fourth-quarter revenue of $15 billion to $16 billion, below analyst expectations of about $17 billion. Third-quarter revenue rose 21% to $16.51 billion from $13.7 billion a year earlier. Intel says an October explosion at its Israel fab will cost about $600 million in revenue over two quarters. Peer chipmakers including Nvidia, AMD and Broadcom also fell, and the S&P 500 dropped 1.8%.
Arizona
3 stories since 29 October 2026, newest first
30 October 2026
Arizona Power Service is reviewing a proposed 14 percent increase in customer rates, marking its third hike within a four‑year span. The move comes as residents like Koral Casillas report monthly utility bills climbing from $1,500 in August to $1,700 the following month, highlighting growing cost pressures for households and small businesses. The Arizona Corporation Commission, which oversees water and power utilities, is also facing a contested election with Democratic challengers Clara Pratte and Jonathon Hill running against incumbents Kevin Thompson and Ralph Heap.
29 October 2026
Thirty-six US states will hold gubernatorial elections in the upcoming vote, with Republicans currently governing 26 states and Democrats 24. According to Sabato's Crystal Ball at the University of Virginia, Democrats are favored to keep governorships in Arizona, Michigan, Pennsylvania and Wisconsin. Inside Climate News reports Democrats could also take seats from Republicans in Alaska, Iowa and Ohio, with chances in Georgia and Nevada, while Republicans have a strong chance of winning Kansas, now held by a Democrat. Dylan Reed, managing director of Advanced Energy United, says the governor's office is the top state post controlling energy policy and utility bills.