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Toast Shares Fall More Than 4.5% After Square Unveils AI Kiosk

Toast shares fell more than 4.5% in midday trading after Block’s Square unit unveiled an intelligent self-service kiosk for restaurants.

TOSTXYZ

Toast Inc. 5% in midday trading on Wednesday after Block’s Square unit introduced an intelligent self-service kiosk targeting restaurants, a market Toast has long dominated. Square Unveils Conversational AI Kiosk Square, the point-of-sale and payments brand