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2024-01-08 05:20:00 ET The U.S. equity market ended 2023 on a high note. With sectors such as healthcare, energy, and materials set to recover, the stock market may continue to demonstrate impressive performance, at least in early 2024. The possibility of the Federal Reserve cutting inter...
2024-01-08 02:48:17 ET Summary Block's transaction revenues have seen a sharp decline, attributed to a fall in gross payment volumes, which is geared toward consumer activity in the Retail sector. The macros indicate mixed signals for top-line growth acceleration recovery in gross...
2024-01-07 11:11:00 ET Since going public at $40 per share in September 2021, Toast 's (NYSE: TOST) stock price has significantly underperformed the market. It has declined over 50% from its IPO valuation, while the S&P 500 (SNPINDEX: ^GSPC) index gained 6% in the same s...
2024-01-06 08:02:00 ET The S&P 500 index is up 23% over the last year and rallied into the new year. The market's rebound looks like a bullish signal for the markets and economy, especially coming off a down year for the markets in 2022. Indeed, there are certain companies that ...
2024-01-05 11:55:00 ET The market is rolling right now. Many of the major market indices are trading near fresh highs, but there are still quality stocks trading below their high-water marks. Toast (NYSE: TOST) , Chewy (NYSE: CHWY) , and Disney (NYSE: DIS) are th...
2024-01-05 11:39:47 ET Shares of restaurant technology company Toast (NYSE: TOST) went up 22.8% in December, according to data provided by S&P Global Market Intelligence . Many of Toast's peers also went up by a similar amount during December, showing that the market was smi...
2024-01-04 21:20:12 ET Summary Jack Dorsey is back as the head of Block and has outlined plans to turn the company's growth around and reach the Rule of 40 by 2026. Cost-cutting measures, including staff cuts, limiting stock-based compensation, and leveraging AI, will be implement...
2024-01-04 10:00:00 ET Investors didn't seem to have much appetite for restaurant software specialist Toast (NYSE: TOST) in 2023. The stock ended the year essentially flat although that's certainly better than a loss. When investors aren't sure what to think about a stock, that ...
2024-01-03 17:15:00 ET Toast (NYSE: TOST) , the digital maitre d' of the restaurant industry, is facing a pivotal moment. With its cutting-edge platform that manages activities from orders to operations, Toast has redefined dining's digital landscape. However, recent shifts in the r...
2024-01-02 09:09:00 ET Toast (NYSE: TOST) and Amazon (NASDAQ: AMZN) changed how restaurants and merchants, respectively, operate their businesses. Toast's cloud-based platform for restaurants bundled together guest and kitchen displays, payment processing devices, and tools ...
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2024-07-22 05:29:00 ET Shares of Toast (NYSE: TOST) recently got a little bump from a positive analyst note. Dan Dolev at Mizuho upgraded his rating on the stock to outperform and raised his price target to $33 per share. Dolev's new price target implies a 21% gain over the ...
2024-07-21 09:15:00 ET Do you like to eat out? You might have noticed recently that more and more restaurants have shiny new hardware to take orders and accept payment, whether fast food or sit-down style. What you don't see is what's going on behind the scenes, and how the hardware is ...
2024-07-20 18:18:00 ET Toast (NYSE: TOST) has quickly emerged as a leader in the digital transformation of the restaurant industry. While the stock got off to a sour start following the company's 2021 initial public offering -- declining by more than 75% from its peak -- the lat...