In 2021, firms who had stayed alive through the initial pandemic became giants: fintechs became banks, banks became super apps, and super apps became some of the most successful public companies in the world.
Block's Q4 2022 earnings surpassed market expectations. Dorsey outlined the future focus for the business.
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In Block's Q2 2023 earnings call it showed a positive trajectory despite the economic climate. Afterpay and Bitcoin hardware form next steps.
Hindenburg's tale of fraud and manipulation has dirtied Dorsey's rose-tinted vision of economic empowerment.