$32.220
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TOST News
TOST Events
Toast Shares Drop 6% to $29.15 After Square Launches Kiosk for Restaurants
Toast down 6% to $29.15 after Square launces Kiosk for restaurants
Toast Launches New Labor Management Solution Toast IQ Team
Toast introduced Toast IQ Team, a new labor management solution for restaurant and retail operators, alongside a significant expansion of Toast IQ Grow, the complete marketing solution Toast introduced earlier in 2026. From building schedules that help manage labor costs to turning great guest experiences into five-star reviews, Toast IQ Team and Toast IQ Grow mark another step toward an agentic platform that absorbs the hardest work of running a business and gives operators measurable proof that it's working.
Toast Launches New Platform Toast Fuel Connecting Fuel and Retail
Toast announced Toast Fuel, a new set of capabilities for fuel operators and convenience stores. With Toast Fuel, operators can run fuel payments, both in-store and at the pump, alongside retail and foodservice on a single, connected platform. Convenience stores sell an estimated 80% of the fuel purchased by consumers in the United States, according to the National Association of Convenience Stores. Many of those convenience store operators run their in-store retail and fuel businesses on two disconnected systems, and have had little access to the cloud-based tools that have helped reshape restaurants and retailers over the past decade. At the same time, convenience stores increasingly operate like quick-service restaurants, pairing made-to-order food, digital ordering, and loyalty programs with traditional fuel and retail sales. As that convergence accelerates, Toast, which already serves a large base of retail and restaurant operators, is extending its proven cloud-native platform to the forecourt, bringing pump control onto the same system already powering the store, so fuel, retail, payments, foodservice, marketing, inventory, and team management run in one place.
Toast Partners with Kung Fu Tea to Implement Technology Across 330 Locations
Toast announced an agreement with Kung Fu Tea to implement Toast technology across its entire footprint of over 330 locations nationwide. "Kung Fu Tea has built an innovative, powerhouse brand by bringing passion, flavor, and freshness to every cup," said Kelly Esten, Chief Marketing Officer and Chief Operating Officer of Enterprise at Toast. "High-volume concepts demand precision under pressure: when the rush hits, every moment matters. We are thrilled to partner with Kung Fu Tea to give their franchisees the reliable platform they need to seamlessly stay busy while they streamline operations, keep growing and continue innovating."
Major Averages Rebound, S&P 500 Up 0.46%
The major averages closed broadly higher, rebounding from yesterday's declines as investors continue to react to escalating tensions between the U.S. and Iran, rising oil prices, and a jump in Treasury yields. Renewed U.S.-Iran fighting has raised concerns about disruptions to energy supplies and pushed inflation expectations higher, creating a difficult backdrop for both stocks and bonds.Meanwhile, ADP showed 38,000 private-sector jobs were added in August, a slower-than-expected pace. While job creation held positive, August was the smallest gain since January.Additionally, the Federal Reserve said in its latest Beige Book report that economic activity has increased "modestly" since July, adding that employment rose "very slightly overall."Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Dell Technologiesreportedand sharply raised its FY27 earnings per share and revenue outlookNvidiais in advanced talks to acquire Hugging Face for up to $14B,Chevronannouncedthat establish updated terms for its joint venturesDelivery Hero'sboard recommendsfrom UberThe Fed said in its latest Beige Book that2. WALL STREET CALLS:Deutsche Bank"mispriced" Sirius XMto BuyToastto Neutral at BNP ParibasAlumisto Buy at H.C. WainwrightJPMorganNioon sluggish vehicle demandAmrizeto Neutral at JPMorgan and to Underperform at BofA3. AROUND THE WEB:Uber Technologiesis cutting about 3,300 roles, or 10% of its staff globally, in a restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses, Bloomberg reportsEU antitrust regulators are eyeing the licensing practices of Oraclein a case similar to the one involving SAP, which was settled with concessions in July, Reuters saysTSMChas increased its own estimate of quarterly equipment purchases to 1.9 times what was projected in December as the company expands production to meet AI demand, Bloomberg reportsTPG-backedAsia OneHealthcare has confidentially filed for an initial public offering in Kuala Lumpur, Malaysia, seeking to raise up to 10B ringgit, or $2.5B, Bloomberg saysAdobehas acquired India-based marketing intelligence company Rilo in an agreement involving licensing and team acquisition, TechCrunch reports4. MOVERS:GitLabgained after, raising its guidance for FY27, and saying AI is proving to be a durable secular tailwindEos Energyincreased after announcing aand GooglePG&Ewas lower after saying it plans to update its 2027 capital plan byCredo Technologyslipped in New York afterand providing guidance for Q1 and FY27Palo Alto Networksand MongoDBfell after5. EARNINGS/GUIDANCE:Ollie's Bargain Outletand raised its outlook for FY26G-III Apparel, with CEO Morris Goldfarb commenting, "Our second quarter results reflect strong execution across the organization"Sprinklrand lowered its guidance for FY27Daktronics, with EPS and revenue beating consensusBrown-Forman, with CEO Lawson Whiting stating that first quarter results "reinforce our confidence in the year ahead"INDEXES:The Dow rose 295.07, or 0.56%, to 53,061.95, the Nasdaq gained 118.06, or 0.45%, to 26,217.83, and the S&P 500 advanced 35.13, or 0.46%, to 7,666.60.
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