First Squawk(@FirstSquawk):OIL FELL, WITH WTI DOWN 2.1% TO $89.20 A BARREL, AS MARKETS WEIGHED IMPROVING SUPPLY, WHILE CORPORATE MOVES DREW ATTENTION INCLUDING NVIDIA-LINKED HON HAI'S STRONG REVENUE, CEREBRAS' RALLY AFTER SAM ALTMAN CALLED IT A CLOSE OPENAI PARTNER, AND INTEL'S REPORTED DISCUSSIONS INVOLVING TSMC AND ELON MUSK'S TERAFAB INITIATIVE.

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Firstsquawk Is a Global Financial (News) Squawk Service Specialising In Financial Markets, Macro, Geopolitics,politics

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First Squawk@FirstSquawk

2026.10.05 20:30

OIL FELL, WITH WTI DOWN 2.1% TO $89.20 A BARREL, AS MARKETS WEIGHED IMPROVING SUPPLY, WHILE CORPORATE MOVES DREW ATTENTION INCLUDING NVIDIA-LINKED HON HAI'S STRONG REVENUE, CEREBRAS' RALLY AFTER SAM ALTMAN CALLED IT A CLOSE OPENAI PARTNER, AND INTEL'S REPORTED DISCUSSIONS INVOLVING TSMC AND ELON MUSK'S TERAFAB INITIATIVE.

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