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Fintechs Upstart and Toast soar on earnings

By CNBC   |   Nov 8, 2024 at 08:42 PM EST
Fintechs Upstart and Toast soar on earnings

Upstart and Toast stocks surged after both companies reported strong earnings. Upstart's revenue rose by 20%, surpassing expectations, while Toast's adjusted earnings forecast for the current quarter exceeded estimates. The fintech sector saw a notable rally, particularly in companies linked to cryptocurrency.

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