Key Highlights in the Stock Market Today: Apple, GameStop, Southwest Airlines, Nvidia, KKR, CrowdStrike, GoDaddy

The financial markets are abuzz with excitement today as Apple’s highly anticipated Worldwide Developers Conference (WWDC) kicks off. Investors are eagerly awaiting updates on the tech giant’s artificial intelligence (AI) initiatives and the possibility of a new partnership. With Apple’s market cap exceeding $3 trillion, any announcements made at the conference could have a significant impact on the company’s stock and the broader market.

Meanwhile, GameStop shares are on the rise after a volatile week that included multiple trading halts and meme-stock influencer Keith Gill’s first livestream in three years. The stock has been experiencing heightened volatility, with unexpected first-quarter results and plans to issue more shares contributing to the wild ride.

In other news, Southwest Airlines is seeing a 7% jump in premarket trading following reports that activist fund Elliott Investment Management has built a stake of almost $2 billion in the struggling carrier. Elliott plans to push for changes to boost the airline’s lagging shares, which have been impacted by delays in aircraft deliveries from Boeing.

Nvidia shares are edging lower after undergoing a 10-for-1 stock split, making the stock more affordable for retail investors. The chip designer, known for dominating the AI boom, has seen its market value surpass the $3 trillion threshold, putting it in the company of tech giants like Microsoft and Apple.

Lastly, private equity firm KKR, cybersecurity company CrowdStrike Holdings, and domain registrar GoDaddy are all surging in premarket trading after being announced as new additions to the S&P 500 index. These companies are set to join the index on June 24, replacing other firms whose shares are now lower.

Overall, U.S. stock futures are lower today following a stronger-than-expected jobs report on Friday. Investors will be closely watching these developments and more as the day unfolds in the financial markets.