Imani Moise

And while investors may be applying more scrutiny to Wall Street's biggest AI darlings, they're still hunting for new ways to cash in on the AI boom.

And that search is leading them to some unexpected corners of the stock market, like a 175-year-old glass company and a Japanese toilet maker.

Shares in glassmaker Corning jumped on Wednesday after NVIDIA announced plans to invest $500 million to expand the company's fiber-optic manufacturing, which is used in AI data centers.

Corning stock ended the week 18% higher.

Construction equipment maker Caterpillar also rallied on growing demand for power generation equipment, which you may have guessed is also used in data centers.

Caterpillar's shares rose 0.9% over the week and are up more than 55% for the year.

And one of the most unlikely winners of the AI trade is Japanese toilet maker Toto, best known for luxury bidets and high-tech toilets.

That's thanks to growing demand for specialized ceramics used in semiconductor manufacturing.

Shares are now up more than 60% in 2026.

The moves highlight how investors are increasingly looking beyond chip makers and software companies for ways to profit from the AI build-out, betting that companies supplying the industry's infrastructure could benefit no matter which AI firms ultimately come out on top.

And now you know what's news in markets this week.

You can read about more stocks that moved on the week's news in our live markets coverage on WSJ.com.

Today's show was produced by Anthony Bansi with supervising producer Melanie Roy.

I'm Imani Moise.

Have a great weekend and catch you next Saturday.

Hey listeners, it's Saturday, May 2nd.

I'm Imani Moise 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.

Markets extended a multi-week run of record highs, powered by a wave of earnings showing corporate America is still minting money, even in the face of war, higher oil prices, and more cautious consumer spending.