I think the potential of Agenic is to rethink how work gets done overall. It challenges all sorts of

traditional orthodoxies around how organizations execute the work at hand. That's Jason Gersatus,

CEO of Deloitte U.S., talking about the transformational potential of Agenic AI. Join him later to

learn why agents are a game changer for businesses across industries.

Hey listeners, your money briefing is still on a break, but we'll be back with more personal

finance information for you in the future. Until then, here's the news moving the markets this week.

Hey listeners, it's Saturday, May 30th.

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.

Stocks continued their historic march higher as Wall Street's appetite for AI showed few signs of slowing.

All three major indexes ended the week at record highs, and the SMP has now risen nine consecutive weeks, the longest winning streak since 2023.

Investors are paying historically high prices relative to corporate earnings, a dynamic not seen since the dot-com boom.

The last time investors were willing to pay these kinds of prices was around the market peak in 2000.

So far, investors are still buying.

The tech-heavy NASDAQ led the way, rising just under 2.4% for the week.

The S&P 500 grew 1.4% and the Dow increased 0.9%.

The AI boom minted two new trillion-dollar companies this week. Shares in memory chip makers

Micron and S.K. Heinex surged nearly 30% and 20% respectively to cross a trillion dollar

valuation mark. They're the latest editions, after Samsung joined one of the stock market's

most exclusive clubs earlier this month. For years, memory chips were seen as a commodity business,

the tech equivalent of selling gasoline, but investors are now treating chips as one of the most precious resources in the AI economy.

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