ARVL - Hot Stocks: Waymo and GM funding innovation HRB and LZB drop on earnings antitrust heats up
naphtalina/iStock via Getty Images Traders were largely focused on the Federal Reserve during Wednesday's trading, but some single-stock stories still broke through. This included multiple announcements related to innovation in the auto industry, led by GM (GM) and Alphabet's (GOOG) (GOOGL) Waymo. Meanwhile, earnings news sparked a decline in two big-name companies, as both tax preparer H&R Block (HRB) and furniture maker La-Z-Boy (LZB) lost ground after the release of their respective quarterly reports. The federal government's antitrust push continued as well. The Department of Justice is looking at the deal to merge Willis Towers (WLTW) and Aon (AON). Meanwhile, investors got additional details about how new proposed antitrust legislation would impact Apple (AAPL). In other news, shares of banking giant Citigroup (C) came under pressure after the firm's CFO warned on its trading revenue and expenses. And don't forget about meme stocks: Arrival (ARVL) was a momentum mover on
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Hot Stocks: Waymo and GM funding innovation, HRB and LZB drop on earnings, antitrust heats up