Hurricane Investment Company.
In the office at night, only one person remained, along with an ashtray full of cigarette butts. The smell of tobacco permeated the entire office, with smoke swirling everywhere.
As the owner of this investment bank, Henry Jugenberg's face was filled with confusion at this moment, but even more so with anger, anger from the bottom of his heart!
"It won't collapse, absolutely not!"
"The current market changes are merely the market itself making self-adjustments. Even though the financial reports of various listed companies have been released one after another, the internet represents the future!"
"They absolutely will not collapse now!"
"Kyle Page, I am not wrong, the one who is wrong is you, the timid and cowardly one!"
Henry Jugenberg's face became increasingly distorted.
He couldn't afford to lose!
It had only been a month and a half since he left Gale Capital and established Hurricane Investment Company. With his reputation as an "investment star," he raised a large amount of investment funds, totaling 1.3 billion US dollars, in a very short period.
And almost all of this 1.3 billion US dollars was invested by him in internet and technology stocks on Nasdaq.
He firmly believed that he could make a name for himself in one battle and create even greater glory.
But!
However, the recent dismal market conditions and the continuous bad news made him break out in a cold sweat.
"I won't lose!"
"I absolutely will not lose to Kyle Page!"
"Once I lose this time, then... I'm finished."
"But I believe that even if the stock market opens on Monday and stock prices plummet, I will be able to maneuver and find an opportunity to turn the tide."
For a moment, Henry Jugenberg, who was always strong-willed and unwilling to admit defeat, his face became even more ferocious, but his entire being exuded strong confidence.
He absolutely could not accept admitting that his judgment was wrong and Kyle's judgment was correct!
On Saturday.
The entire Wall Street was filled with a strange atmosphere.
Even those investment elites who were not responsible for the stock market, but only for gold, silver, futures, etc., also strongly felt the strangeness of the atmosphere.
"What's wrong? Did they all take the wrong medicine?!" A futures financial advisor who had just entered the industry for a short time couldn't help but question.
"Haha!"
As soon as he finished speaking, a middle-aged man next to him chuckled softly, "I heard that the financial reports of various listed companies, their profit performance is far below expectations. Coupled with anti-monopoly investigations and the large-scale invasion of overseas capital, Nasdaq has completely become a huge powder keg, facing the risk of being detonated at any time."
There are no fools on Wall Street!
Fools cannot survive on Wall Street; therefore, there are only two types of people on Wall Street: cautious people and overly greedy people.
A bad premonition made everyone feel immense pressure.
The next day.
March 12th, Sunday.
There was only one day left until the stock market opened!
Logically speaking, on Sundays, most of the staff of various investment banks on Wall Street would usually be on vacation, or traveling, or indulging in revelry.
However, today was vastly different!
Many large, medium, and small investment banks held emergency meetings one after another.
"Tomorrow, should we sell off a large number of stocks?"
This was the focus of many investment banks' meetings today, and the only focus.
Goldman Sachs.
It is one of the five major investment banks on Wall Street, a world-renowned investment bank, serving hundreds of thousands of investors every year, managing assets totaling hundreds of billions of US dollars.
It has always been the pride of Wall Street, but today... its internal staff were in a state of panic.
"Nata, before March 11th, how many investment banks on Wall Street had almost completely sold off Nasdaq internet and technology stocks?" asked John Kutaborgs, one of Goldman Sachs's executives.
The others present also turned their gaze to this female executive.
Nata Herré, female, 45 years old, mainly responsible for Goldman Sachs Investment Bank's futures investments in Europe. However, facing the increasingly severe stock market, she was transferred back to Wall Street headquarters from mid-February, specifically responsible for Nasdaq information collection and compilation.
The entire Goldman Sachs Investment Bank's work focus recently has almost entirely revolved around Nasdaq.
"Gentlemen, according to my information, as of March 11th (Friday), there are mainly 17 investment banks that have almost completely sold off Nasdaq internet and technology stocks. They are Kyle Page's Gale Capital, George Soros's Quantum Fund, Barry Shipkin's Warfighter..., among which Gale Capital is the one we are most familiar with."
Nata said in a deep voice.
As soon as her words fell, many people's hearts sank.
"Hmph!"
An executive snorted coldly, "These damned guys, they sure escaped fast enough!"
Another executive said coldly, "If... I say if... if we don't choose to sell off a large number of stocks tomorrow, but choose to continue holding them, once the internet bubble really comes, how much will we lose?"
"9 billion US dollars!"
Immediately, an executive specifically responsible for statistics loudly said, "Even if the loss is less, it will not be lower than 7 billion US dollars."
Loss of 7 to 9 billion US dollars?!
As soon as this number came out, the whole place was in an uproar.
The executive in charge of statistics loudly said, "This is still data derived from a conventional collapse model. If the severity of this stock market crash surpasses all previous ones, then our losses will be even greater, at least 10 billion US dollars!"
Hiss!
Many people immediately gasped.
Sell!
Sell resolutely!
"We can't drag this on any longer. This is how we see it, and investment banks like Lehman Brothers, Bear Stearns, Merrill Lynch, etc., they will absolutely sell off a large number of stocks tomorrow to cut their losses in time," John Kutaborgs, one of Goldman Sachs's executives, said decisively.
The severity of the situation left them no room for hesitation.
Later that evening.
At Kyle's instruction, WB TV aired a special program about the Nasdaq stock market.
Professor Effis Sock, a renowned economics professor from Harvard University, who was one of the earliest Americans to publish an analytical article titled "The Internet Bubble" on public media platforms in 1995, participated in this program.
Mito, Herlandon, Kimiltas... these well-known experts in economics and finance also appeared on the program, analyzing the current situation of Nasdaq with Professor Effis Sock.
This special program received widespread attention as soon as it aired.
Similarly, dominant players in American television such as ABC, NBC, and CBS also aired special programs about Nasdaq.
Stock market crash, avalanche, internet bubble, listed company financial reports... these terms constantly bombarded the audience's minds.
Generally speaking, when a stock market crash and financial crisis occur, they are very sudden and catch people off guard; even if there are signs, they are very small.
However, this time it was different.
The Nasdaq index aggressively broke through the 5,000-point mark, the profitability of listed companies was far below expectations, and a large number of internet companies suffered extremely severe losses... This continuous bad news was almost explicitly telling you—the stock market is finished!
Of course, the vast majority of investors were unwilling to believe this.
They also could not accept it!
One must know that many individual investors had almost invested all their assets in this "feast"!!!
Time slowly passed, night gradually disappeared, and the sun rose.
Nasdaq was about to open again.