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🖤 Upstart Returns to the Black. FIS Trims Its Own Forecast. Toast Keeps Cooking.
Published 2Â months, 2Â weeks ago
Description
Three fintechs, three totally different August stories. Upstart clawed back to GAAP profitability with an all-time-high contribution profit, FIS beat estimates but somehow still talked its own stock down, and Toast just keeps adding restaurants like the economy isn't a thing. We break down what actually moved each stock and why the "beat but cut" playbook is the sneakiest trap in earnings season.