"It's up!"
"It's rising! rising!"
"It really is rising!"
"Quick, buy stocks!"
One by one, investment firms and individual investors, watching the rising stock price of Waterworld Animation, became excited and joined the rush to buy.
In just ten minutes, Waterworld Animation's stock price rose from $19 per share to $23.5 per share, and it continued to show green.
"I knew it would soar!"
A representative from Klein Investment Bank excitedly said, "The Nasdaq index itself has been continuously climbing recently, influenced by the internet wave. But today, thanks to Waterworld Animation's listing, the Nasdaq index has unprecedentedly broken through 3000 points!"
"My goodness, it's insane!"
Another executive from an investment bank exclaimed in shock, "Mid-last year, when the Nasdaq index climbed to 2000 points, I already found it astonishing. But at the beginning of this year, it climbed again to 2500 points. I never imagined it could break through 3000 points today."
They were all going crazy!
Every single speculator was in a frenzy.
Money! This was all money!
The rise in the Nasdaq index, while not fully reflective of the stock market's fervor, was enough to prove that the market was becoming increasingly hot.
It's worth noting that at the beginning of 1991, the Nasdaq index was less than 500 points;
By 1995, it had only climbed to 1000 points;
However, today, the Nasdaq index has broken through the 3000-point mark in one fell swoop, an event big enough to drive all investors and investment institutions wild.
Waterworld Animation became the direct beneficiary of today's big event!
Many speculators who hadn't yet bought shares turned their attention to Waterworld Animation's stock.
$24!
$26.2!
...$37!
$39!
...By 3 PM, Waterworld Animation's stock price had already soared to $56, tripling its initial offering price.
"It's insane!"
"The speed at which Waterworld Animation's stock price soared on its listing day is comparable to Pixar Animation, perhaps even surpassing it!"
"In less than a day, it has tripled. One can only imagine that by the time the market closes today, Waterworld Animation's stock price will definitely climb to an extremely high level."
The primary market was scrambling for stocks;
Transactions in the secondary market were also ongoing.
At the same time, the major news of the Nasdaq index breaking through 3000 points today completely shocked all of Wall Street, and indeed the entire world!
Bloomberg, a world-renowned economic newspaper, was the first to publish an article.
[Nasdaq Index Breaks 3000 Points, Waterworld Animation Takes Off Like a Rocket!]
"Boss, with the Nasdaq index breaking through 3000 points, we are definitely beneficiaries!" Victor excitedly told Kyle.
"Yes!"
Stephen Sollenberger proudly said, "You know, today, we are the only company listed on the Nasdaq market. This is absolutely excellent news."
Although Victor and Stephen were not financial experts, they knew what the Nasdaq index breaking through 3000 points today meant: it meant Waterworld Animation was taking off with the momentum!
"Haha!"
Kyle laughed heartily, "You're satisfied with a 3000-point index? Don't you believe that before long, it will break through 4000 points!"
The Nasdaq index breaking through 4000 points?
"No way?!" Victor showed an incredulous expression.
Stephen also immediately shook his head.
A few years ago, the Nasdaq index was only a few hundred points. Now, 3000 points has already dropped jaws. Breaking through 4000 points would definitely be a financial feast.
Facing their skepticism, Kyle pursed his lips.
"You don't believe it? In fact, I'm just guessing."
If Kyle hadn't been a transmigrator and personally experienced the great crisis of the dot-com bubble, he himself would never have believed it.
On November 3, 1999, the Nasdaq index broke through 3000 points;
On December 29, 1999, less than two months later, the Nasdaq index broke through 4000 points in one fell swoop.
The growth in a few months surpassed the achievements of several years combined.
On March 9, 2000, Nasdaq achieved another success, boldly breaking through the 5000-point mark;
The next day, March 10, it even climbed to an unprecedented 5048 points.
However... just a few days later, the stock market crashed.
On March 13, 500 companies listed on Nasdaq went bankrupt, 40% delisted, and 80% of companies saw their stock prices fall by over 80%. In just one day, $3 trillion was evaporated.
Folks, $3 trillion!
Many small countries, if sold, wouldn't be worth $3 trillion!
The US's total fiscal revenue in 2019, while ranking first in the world, was only $3.4 trillion. This means that on the day of the Nasdaq crash, the economic loss was equivalent to a year's fiscal revenue for the US.
The word 'terrible' is not enough to describe the Nasdaq crash!
"But what does all this have to do with me now? What matters is that I'm making money now!" Kyle secretly chuckled.
Inside the VIP lounge of the Nasdaq exchange, Kyle watched Waterworld Animation's rising stock with great ease.
Capital is always bloody!
$59!
$61!
$63!
...Around 4 PM, the Nasdaq stock market experienced a slight fluctuation, and Waterworld Animation's stock price fell by a few dollars to $57. However, as the closing time approached, it rose significantly again, with the final closing price being $59.7 per share.
Nearly $60 per share!
Compared to the offering price of $19, Waterworld Animation's listing can be said to be a great success!
"Fantastic!"
Kyle vigorously pumped his arm.
Stephen, David, Victor, and the others were also extremely excited, as they all held shares. And the employees of Waterworld Animation Company were in celebration all day long.
Thanks to the company's listing, 'Finding Nemo,' which was still showing in major North American cinemas, saw its daily box office revenue increase by several points, closing at $1.06 million, bringing its global cumulative box office to $914 million.
[Waterworld Animation — A $1 Billion Listed Company!]
That's right, in just one day, Waterworld Animation, freshly listed on the US stock market, had already become a major company with a market capitalization exceeding $1 billion.
Compared to Pixar's listing in 1995, which took over a month to climb to $1 billion, Waterworld Animation was clearly much stronger.
This doesn't mean that Kyle's Waterworld Animation is stronger than Pixar, but rather that it benefited from the broader market environment. Furthermore, Waterworld Animation's financial situation was much better than Pixar's.
The 'Los Angeles Entertainment News' and 'California Entertainment News,' two media outlets that were staunch supporters of Kyle, also put aside their usual gossip and scandal reports today, instead acting as financial newspapers and lavishly praising Kyle himself and Waterworld Animation.
Bloomberg, the American Financial News, the Federal Reserve Economic Weekly, and other world-renowned financial media also highly praised Waterworld Animation's listing.
With the company's listing, Kyle's net worth undoubtedly surged again, with his assets growing from nearly $10 billion to truly exceeding $10 billion!