U.S. stocks are headed for a higher open, with the S&P 500 and Nasdaq poised for their third consecutive week of gains. Oil prices retreated on optimism about an Iranian offer to reopen the Strait of Hormuz and resume nuclear talks with the United States. Anthropic and Akamai announced a seven-year, $11.6 billion commitment, sending Akamai shares up nearly 20%. In semiconductors, AMD has nearly tripled this year and entered the $1 trillion market-cap club this week, with Bank of America raising its price target to $720.
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