Shares of technology companies rose amid strong earnings.

Shares of workplace software maker Workday rallied after it boosted its projection for 2020 subscription revenue, benefiting from corporate spending on remote-working technology.

Shares of both HP and Dell Technologies rose after the technology giants reported better-than-expected July quarter results, thanks in part to strong consumer and education personal-computer demand.

Shares of Tesla fell slightly ahead of its five-for-one share split Friday. The stock split plans coincided with mounting optimism about Tesla's growth prospects among Wall Street analysts to drive a robust rally in shares of the electric car maker.

Gainsight, a software company backed by investment firm Insight Partners, is forming a partnership aimed at bringing greater diversity to an increasingly important role in the software and technology industries: customer success associates.

Write to Rob Curran at rob.curran@dowjones.com