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Large-cap tech, EV, and healthcare stocks fall amid weak guidance and regulatory concerns last week.

Market News
24 May 2026
Nabaparna Bhattacharya
View Source
Bearish
pluang ai news

Last week, large-cap stocks in sectors like technology, electric vehicles, data centers, and healthcare experienced declines due to weak earnings guidance, regulatory worries, rising bond yields, and increased competition. Notable losers included Intuit, NIO, Reddit, and Li Auto, with some companies also facing selling pressure after earnings reports. The China Securities Regulatory Commission's crackdown on illegal cross-border trading added to the pressure on U.S.-listed Chinese stocks. Investors remain cautious about funding conditions and future growth prospects in these sectors.

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