Apple unveils new features, Southwest Airlines pops on Elliott stake: Yahoo Finance

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Southwest Airlines News

Worldwide Developers Conference,Apple,Elliott Investment Management

Apple is taking the lid off its newest offerings at its Worldwide Developers Conference. The tech giant is showing off new AI tools and features coming to...

Apple is taking the lid off its newest offerings at its Worldwide Developers Conference. The tech giant is showing off new AI tools and features coming to its various operating systems. Shares of Southwest Airlines are soaring after activist investor Elliott Investment Management disclosed a $1.9 billion stake in the airline. Elliott is pushing for new leadership at the company. Other trending tickers on Yahoo Finance include Nvidia, CrowdStrike Holdings, and Advanced Micro Devices.3:20 p.m.

Further weakness as Algonquin Power & Utilities drops 4.7% this week, taking three-year losses to 50%Nvidia was falling on Monday after its stock split, although two Wall Street analysts believe the chip maker’s valuation will keep climbing. Nvidia’s 10-for-1 stock split took effect after Friday’s closing bell.

 

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Investment firm Elliott takes US$1.9-billion stake in Southwest Airlines, is seeking to oust CEOIn a letter to the airline’s board, the investment firm complained that Southwest’s stock price has dropped more than 50% in the last three years
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