Shares of technology companies rose after mixed earnings.

Nvidia challenged Apple as the world's largest company by market capitalization after the chip maker was named to the Dow Jones Industrial Average index, replacing fallen giant Intel.

DigitalOcean Holdings shares slid after the provider of cloud-computing services and software forecast fourth-quarter revenue growth shy of some investors' expectations, as its push into artificial-intelligence products failed to produce a hoped-for bonanza.

Palantir shares surged in late-trading after the provider of AI-based services posted earnings growth ahead of Wall Street expectations.

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

(END) Dow Jones Newswires

11-04-24 1800ET