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墨書 Inktalez
Infinite Strongest G
Aydana Friedman was not unaware of her cousin's identity, but at this moment, she could no longer afford to care about that.
Even though she knew she would face repercussions from Congress afterward, what did it matter? At most, she would lose this position, but what she stood to gain was far greater than this job.
The continuously plummeting Nasdaq had yet to find a moment of respite, with the market value of countless tech stocks cascading down like a waterfall.
It was only five minutes before the market closed that the tardy Nasdaq Management Committee announced the temporary trading halt issued by the President.
But it was all too late.
The Nasdaq Index had already plummeted from its high of over seven thousand points to a dismal 8560, worse than before the Financial Crisis.
This grim figure vividly illustrated what the Nasdaq had endured during this time.
In this Nasdaq, there was not a trace of green representing life; it was a sea of crimson.
In the U.S. stock market, green signifies an increase while red indicates a decrease.
This Nasdaq was as red as the setting sun. Some initially estimated that here, the Nasdaq had evaporated five hundred billion dollars in market value. This figure approached the annual GDP of certain developed countries.
The world is currently globalized and economically integrated; thus, the Nasdaq's plight is not an isolated incident. Stock markets worldwide suffered severe blows under such volatility. However, the Nasdaq sector bore the brunt of the losses.
Countless people bitterly realized that it seemed another round of Financial Crisis might soon descend upon the entire world.
The halt in trading on the Nasdaq was not the end; it could be anticipated that once trading resumed, further setbacks would follow.
Amidst a world painted in crimson, the A-Share's modest 10% decline unexpectedly became the biggest highlight.
Alright, the market has hit the limit down!
This is a global shockwave, and the impact on the internet has become too limited. After decades of development, the internet has already influenced every aspect of human life.
The internet sector has suffered a heavy blow, and no industry can remain optimistic.
However, A-Share might be an exception. With real estate clustered together and state-owned enterprises acting as blue chips, internet companies find it difficult to take the lead. Not to mention that most internet companies in China are listed abroad.
In this situation, A-Share has instead become a target that everyone is optimistic about.
When news broke that Buffett was selling assets and frantically buying up A-Shares, the U.S. stock market faced a new wave of turbulence.
But now trading has stopped; apart from foreign stock markets that are still open due to time differences, everything else is basically unable to trade. The turbulence continues, and no one believes tomorrow will be better.
The turmoil in the stock market spilled over into the ES exhibition, turning what was supposed to be a lively event into a battlefield filled with despair.
Intel withdrew from the exhibition; their stock had plummeted so much that they could no longer continue participating.
Microsoft did not exit the event, but having been severely impacted, they have recalled most of their personnel back to headquarters.
...
One by one, major corporations left the ES booths with downcast expressions.
Sweet Potato Technology, a previously obscure company, successfully rose to prominence at this moment, becoming the darling of both media and public attention.
Even though their product has yet to be released, the world is already in disarray. This has only heightened anticipation for their upcoming launch event.
The global economy has suffered a severe setback; they urgently need a shot in the arm to avert an impending new round of financial crisis. In their eyes, this shot in the arm is none other than the yet-to-be-released Virtual Helmet.
“Mr. Mark, I am Robin, the head of Sequoia Capital. Does your company have any financing needs?”
“Sir, I am a Senior Partner at Goldman Sachs. I believe your company has great potential. Are you interested in financing?”
“Sir…”
“Sir…”
Standing at the booth, Mark helplessly noticed that the number of visitors around him was dwindling. Instead, these investment bankers, like persistent flies, filled the space in front of the booth.
Mark had lost count of how many times he had explained this to them, but it was clear that these bankers were not listening.
“Gentlemen, I am just the General Manager of Sweet Potato Technology. I don’t know anything about financing. If you have such intentions, you can contact our chairman.”
“Then give me your boss's phone number, and I'll reach out to him,” Robin said with a glint in his eye.
At this moment, Sweet Potato Technology was poised to lead the development of the next era. However, they were still quite weak and had a chance to ride the wave of the Virtual Era, taking a significant bite out of this emerging market.
Mark glanced at the ravenous investment bankers and shook his head. “Sorry, but I cannot disclose my boss's phone number.”
Indeed, after spending so much time in China, Mark had mastered the art of playing Tai Chi with words. No matter what you asked, he would respond with ignorance, insisting that it was not his business and to contact their boss directly.
When it came to contact information, Mark transformed into an exemplary employee because company policy strictly prohibited disclosing the boss's contact details.
These investment bankers were not oblivious to Mark's tactics; they simply refused to acknowledge him.
If any company had dared to treat them this way before, they would have turned and left long ago. As world-class investment bankers, they were usually the ones being sought after for funding; when had it ever been their turn to beg others? Not to mention that this was an obscure company.
If it were a new project from a large corporation, they might begrudgingly accept it. But for a company without such backing to act all high and mighty? They wouldn’t even spare it a glance.
However, Sweet Potato Technology is different; they are completely begging to accept their money. If they don't take the money, how will they catch the fast train of the Virtual Era and make a name for themselves?
They are all elites, and they cannot be unaware of the situation they will soon face after the Virtual Helmet is released. To put it bluntly, despite how glamorous these investment banks appear now, if they are abandoned by the next era, they will be finished.
Especially with the Stock Market in turmoil, even these investment banks have not been spared, suffering significant losses. After all, these investment banks love to invest in Internet Technology Companies; the risks are low and the profits are high. Now, with the Stock Market fluctuations occurring, they themselves are among the victims.
If they do not find a way to resolve this predicament soon, it is entirely possible that their stocks will fall below their issuance price.
This is happening globally; no one can remain unscathed amidst the turmoil. The only entity that can save them is Sweet Potato Technology, which holds the key to the Virtual Era.
Investing everything in Sweet Potato Technology has become a consensus among many investment banks.
There is no choice; Sweet Potato Technology holds the key to the Virtual Era, and they must get on this train. Otherwise, they will just have to wait for their demise.
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