What’s News in Markets: Bubble Fears, AI Slop, Toilet Stocks

Speaker 00:00

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Speaker 10:15

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Imani Moise· Host0:29

[instrumental music] Hey, listeners. It's Saturday, May 9th. I'm Imani Mois for the Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's dive in. Investors spent this week chasing the next phase of the AI boom, but analysts can't decide whether the AI trade looks more like the future or 1999. The S&P 500 and NASDAQ both climbed to fresh records. Tech stocks surged, software companies staged a comeback, and investors poured into everything from cybersecurity firms to Japanese toilet makers. The NASDAQ led the way, rising 4.5% over the week, while the S&P 500 grew 2.3%. The Dow was up .2%. Tech stocks stole the show this week, surging 7%, making it the best performing corner of the S&P 500 by a mile. The rally extended far beyond just the magnificent