There weren’t any S&P 500 earnings reactions yesterday…

But one recent move continues to stand out.

Toast $TOST is quietly becoming one of the most compelling growth stories in the entire software space.

Originally built to serve restaurants, the company is scaling far beyond its roots.

This $25B vertical SaaS giant is modernizing one of the economy's most fragmented and underserved industries.

They're transforming how restaurants manage everything from point-of-sale and payroll to online ordering, delivery, and inventory.

It's building the operating system for the restaurant industry.

The total addressable market is enormous. And they're just getting started.

After years of unprofitability, the company has flipped the script. 

They have turned EBITDA positive, and top-line growth is accelerating. 

The market is taking notice, rewarding the stock for 5 of its last 6 earnings reports. 

On a relative basis, it's becoming a clear leader in the software space.

This is no longer a turnaround story.

It’s a breakout story.

We’ve seen this before.

Gold quietly builds momentum, breaks out to new highs, and suddenly the whole world starts paying attention. 

Then Silver wakes up violently. 

And the miners? They go vertical.

This playbook isn’t new. It’s just unfolding again.

Right now, Gold is trading at all-time highs, Silver is coiling under decade-long resistance, and Silver miners are showing early signs of a major trend reversal relative to the underlying commodity.

The stage is set, and the next act could be explosive.

When it comes to retail dominance, few names carry as much weight as Costco Wholesale $COST.

For years, this company has been the gold standard for operational efficiency and customer loyalty. 

They thrive in both inflationary and deflationary environments. 

Whether consumers are stockpiling for uncertain times or looking for value in everyday essentials, it consistently delivers.

Membership growth remains steady, renewal rates are near all-time highs, and recurring revenue from fees continues to be one of the most underappreciated drivers of long-term value.

In the latest quarter, the company once again posted a double beat, and the market rewarded it with another move higher.

Despite broader concerns about slowing consumer spending, this business continues to prove it can grow, defend margins, and execute.

The market knows it. And the stock is acting accordingly.

So what else did we learn from Friday's earnings reactions? Let’s dive into the details.

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Ulta Beauty $ULTA had the best...