Shares of technology companies rallied amid strong earnings.

Ride-hailing firm Lyft soared after it posted robust growth in trips taken by customers.

Artificial-intelligence associated chip maker Arm Holdings rallied in the wake of stronger-than-anticipated earnings.

Larger rival Nvidia hit an all-time high, and is now worth a staggering $3.65 trillion in market capitalization.

Super Micro Computer recouped some of its recent losses, but remains far below levels before auditor Ernst & Young questioned the reliability of the server maker's accounts.

A federal agency has issued a directive to employees to reduce the use of their phones for work matters due to China's recent hack of U.S. telecommunications infrastructure, The Wall Street Journal reported.

Trump Media & Technology gave back some of its recent gains after the Truth Social owner surged due to major shareholder Donald Trump's victory in the U.S. election.

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

(END) Dow Jones Newswires

11-07-24 1751ET