Investing.com -- U.S. stocks look set to close out the week significantly higher, given significant signs of a relaxation in Middle East tensions. The news led to strong moves in impacted names.

Here are Investing.com’s stocks of the week:

Oil stocks

Of course, starting with oil stocks, we have seen declines in names such as Exxon Mobil (-4.6)%, Chevron (-3.3%), Occidental Petroleum (-6.2%), Marathon Petroleum (-5%) and Devon Energy (-5.4%) as of 13:11 ET on Friday. All of the names are set to close the week lower.

Friday’s move comes after Iran’s foreign minister Abbas Araghchi said on X: "In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire."

Airlines

The drop in energy prices saw airline stocks move in the opposite direction, extending their weekly gains on Friday, with American Airlines currently up 5.4%, United Airlines jumping 8.3%, Delta Air Lines climbing 4.3%, JetBlue gaining 7.4% and Southwest Airlines rising 7%.

The surge comes as expectations of lower fuel costs have lifted sentiment in the sector.

Netflix

Moving against today’s trend is Netflix, which has plunged over 10% and looks set to close the week lower.

The decline comes after the streaming giant posted its latest quarterly earnings, which beat consensus expectations. However, the company forecasted second-quarter profit below Wall Street estimates and announced the departure of Chairman Reed Hastings.

AMD, Intel, Arm

AMD shares are up 16.4% in the last week, while Intel has rallied over 11% and Arm has gained 7%.

The rise in these stocks is due to a CPU shortage affecting the tech industry, driven by strong demand for AI computing.

In a note to clients on Thursday, Bernstein raised its target for AMD to $265 from $235, stating it is “warming” to the company as it benefits from strength in server CPUs.

Oracle

After a significant decline that began in September last year due to concerns about datacenter build-out financing, Oracle shares rebounded sharply this week as those concerns subsided.

The stock is up over 28% in the last week, trading at its highest level since late January.

Citizens analyst Patrick Walravens reiterated a Market Outperform rating and $285 price target on Oracle in a note this week after an expanded strategic partnership with Bloom Energy was announced.

The analyst also cited Oracle's valuation for its bullish view of the stock.

Strategy

With Bitcoin rising and responding strongly to the latest developments in the Middle East, Strategy (formerly Microstrategy) has also gained ground, climbing over 11% so far on Friday. The stock is up 27.6% in the last week.

Bitcoin is currently trading around the $77,594 mark, up 3.2% on the day.