Tax-filing services Intuit (INTU) and H&R Block (HRB) are seeing their respective stocks take a hit after President-elect Donald Trump's proposed Department of Government Efficiency (DOGE) is considering creating an app for IRS tax filings, according to the Washington Post. Trump has tapped billionaire supporter Elon Musk and entrepreneur Vivek Ramaswamy to co-lead this agency.

Market Domination hosts Julie Hyman and Josh Lipton break down this news and report on the stock action surrounding these two companies.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Luke Carberry Mogan.