Imani Moise

And tech stocks helped lift markets as the AI boom gave some legacy players a new lease on life.

Intel shares surged more than 20% over the week after the Silicon Valley pioneer reported stronger than expected first quarter sales.

That rally sent the company's shares to a record high of $82.57.

Its first record closed since 2000 at the height of the dot-com mania.

The rise of AI agents is driving demand for CPUs, the core engines of most computers, and Intel's specialty.

Another company that once looked at risk of falling behind is now finding new relevance in the AI era.

Nokia rose 3.5% this week after the former phone maker reported a 12% increase in sales tied to demand from AI and data center customers.

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

You could 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 Pierre Bien-Aimé with supervising producer Melanie Roy.

I'm Imani Moise.

Have a great weekend and see you next Saturday.

Hey, listeners, it's Saturday, April 18th.

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.

Investors began to look past the war in Iran this week, and major U.S.

indexes marched higher despite a barrage of geopolitical shocks.

The Nasdaq and S&P 500 hit record highs on Wednesday, despite an ongoing blockade in the Persian Gulf.

Stocks pushed even higher on Thursday and Friday as the standoff between the U.S.