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Hey listeners it's Saturday June 8th. I'm Francesca Fontana 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 get to it.

Why don't we kick things off with a big hand for NVIDIA, which became the third US company

to enter the $3 trillion market value club and helped propel tech stocks higher during the week.

The maker of prized AI chips on Wednesday

crossed that threshold after ending the day about 5% higher as some of its peers

also followed suit. And thanks to all those tech advances, the NASDAQ ended that day with a new record close, the 13th one of 2024 for those of you playing along at home.

Then on Friday we had the stronger than expected jobs report suggesting the economy is

fairing better and prompting traders to push back their expectations for when the Fed will cut

interest rates. And this is to say nothing of all the wild moves GameStop is making. More on that in a little bit. All in all, the major indexes ended the week higher.

One bright spot in stocks this week was Spotify, the audio streaming platform that some of you may be using to tune in right now.

Perhaps you Spotify premium members were not so enthused, but investors cheered the company's

Monday announcement that it would raise prices for the second time in a year.

Starting next month, premium subscribers will have to pay $1.99 a month, a buck more than the old price of $10.99.

This hike is aimed at helping cover the cost of the platforms push into audio books, and despite being the most popular music

streamer by subscriber count the company has been struggling to post

...