At least for now, U.S. large-cap technology and growth stocks appear “free of their difficult relationship with long-term yields,” according to DataTrek Research.

The company increased its R&D investment by 14% to $621 million and just reported Q3 FY24/25 results with revenue growing 20% year-over-year to $18.8 billion and net income more than doubling to $693 million. On top of that, it received a non-recurring income tax credit of $282 million in Q3.

A benchmark for Chinese technology stocks rose for a fifth straight week, hitting a three-year high, as companies in the sector continued to be buoyed by DeepSeek and relief over delayed U.S. tariffs.