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Chapter 1251: Chapter 1107: Birth of a Giant (Subscribe please!)
Capital is profit-driven.
Moreover,
it loves to gild the lily,
not to help in dire need.
In the capital market, the popular explanation is "chasing the rise and killing the fall"; during frenzies, it joins the frenzy, wishing to intensify it. When prosperity fades, it also runs the fastest.
Thus,
ERV stood at the forefront.
Driven by capital,
it exploded.
Outside on Nasdaq’s massive screen, ERV’s real-time stock price was displayed. Each increase by a dime was met with cheers, a spectacle not seen in many years.
On TV,
ERV’s stock price was also being live broadcasted.
Compared to this screen,
the content was much richer.
The host was as if boosted by stimulants.
Connecting to finance commentators and analysts, who spared no praise for ERV, they were overflowing with confidence about ERV’s future, especially excited about one thing.
---The world’s richest person was about to change.
ERV, after subtracting the stocks sold to major giants.
And also deducting the stocks from going public.
Still retained over fifty percent in its Chairman’s hands.
Achieving absolute control.
This was unimaginable for other companies. What did this represent? You see, ERV’s market value was heading toward three hundred billion dollars, and its largest shareholder’s net worth was at least one hundred and fifty billion dollars.
Almost three times that of Bill Gates.
As the stock price continued to climb.
This gap kept widening. You know, Bill Gates’s peak net worth was eight years ago, in 1999, before the internet bubble burst, when Microsoft’s market value exceeded six hundred billion dollars.
Bill Gates’s net worth also broke through a hundred billion dollars for the first time.
But now,
Microsoft’s market value was only a bit over two hundred billion dollars, with Gates’s net worth significantly decreased.
Whereas ERV,
broke history.
In a short time,
there were practically no signs of ERV’s decline. "Warfire" still firmly occupied the peak of global design games, and "World" was establishing ERV’s dominance in the industry through diversified expansions.
Its assets were mostly high-quality.
With its inscrutable technological strength.
Experts predicted that ERV’s lifecycle would be extremely long.
Perhaps,
Microsoft would no longer be able to surpass ERV.
Miracles. 𝑛𝘰𝘷𝑝𝘶𝑏.𝑐𝘰𝘮
Dreams.
American Dream.
Economic vitality.
These words appeared one after another from the narrator’s mouth.
"Today, we will witness the birth of an empire; from now on, internet companies worldwide will welcome a new dominator—ERV. As of now, its market value has already surpassed Microsoft. Let us listen to a reporter’s interview with the chairman of ERV."
At this moment,
ERV had been listed for half an hour.
The executive hadn’t left.
Because the journalists were too enthusiastic.
"Now that your net worth has exceeded Bill Gates, becoming the new world’s richest person, how do you feel?"
"I don’t feel much, the amount of wealth has become just numbers. What lies behind it is the investor’s confidence in ERV. I hope you continue to believe in ERV, believe in miracles."
"Regarding the American Dream, what do you want to say to those entrepreneurs?"
"ERV is not the culmination of the American Dream, but just one manifestation of it. It is this era that has created ERV, and in the future, perhaps new companies will replace us, surpass us. The next one could be you in front of the TV, and you, believe in dreams, when dreams flourish, anything is possible."
"You put it wonderfully. Will ERV’s future see it becoming competitors with companies like Apple and Google?"
"Survival is human instinct, and it is also the instinct of companies. We can’t say we are competitors; rather, we are just trying the same or similar paths in our quest for survival."
"We just want to survive; competition can spark the flames of dreams. The market will prove whose path is correct, who moves faster. We’re not competitors, just lost lambs with a common purpose."
"..."
The executive’s words,
satisfied the journalists with every phrase,
Listen,
such philosophical words, turning competitors into ’sublimely refined’ lost lambs seeking survival, also represents a state of being, completely avoiding direct evaluation with major companies.
Though a bit aloof,
such people,
happen to be very topical.
When the screen switched back to the studio,
the host began to deeply interpret and analyze each of the executive’s statements, thus managing to fill in several more minutes of otherwise tedious broadcast content.
After about ten minutes.
The host finished speaking,
and then reconnected to the scene.
This time it was someone from outside the Nasdaq Exchange.
A journalist approached a man holding a child.
"Sir, do you also invest in stocks?"
The man was initially stunned, then chuckled lightly and said calmly, "I didn’t use to, I prefer buying fixed assets. But this time, with ERV going public, I specifically opened an account to invest in ERV."
"Do you know how many stocks you bought?" the journalist asked curiously.
The man shook his head, "I don’t know, but my stock agent just told me that my twenty million dollars have all been spent, I really don’t know how many that got me."
"..."
Encountered a local tyrant.
Upon hearing this, the journalist was also excited.
Because the audience loves such stories.
"Why do you have so much confidence in ERV?" the journalist hurriedly asked.
The man smiled slightly.
He looked at the six-year-old child in his arms.
"It’s because of him. Previously, my son had severe autism, not only did he have no friends, he barely spoke with us. We tried many institutions and psychologists, but to little avail. However, ERV’s ’World’ changed my family."
"There’s a game inside that innovatively offers a complete set of methods to help children break out of autism. Since then, my child’s life has changed."
"..."
As the man spoke.
The journalist listened to what seemed like old news.
Because.
Such examples.
In the past few months, there have been thousands of cases, gaining unanimous approval from society and experts, and this number continues to grow, helping tens of thousands of families not just in America but around the world.
This number is still increasing.
It’s precisely because of this.
Started with a game.
Made wealthy by a game, ERV.
Could enjoy such capital favor. Behind this, besides strong technological capability, it also enjoyed great local reputation, known as a company with a strong sense of social responsibility.
"So, I decided, within my ability, to support ERV, believing it won’t let me down." The man gave the camera a big smile at last, instilling confidence in many more.
Many people’s scales in their hearts.
Tipped once again towards ERV.
Thus.
An hour after opening.
Nasdaq.
ERV’s stock price continued to rise.
It had risen to seventy-seven dollars, other stocks showed a marked disparity, as a simple reason led many individuals to instruct their traders to sell other stocks and buy ERV’s stocks.
Not everyone is a local tyrant.
Able to just add more money.
The individual retail investor’s herd behavior had a leech effect, ERV was slowly absorbing funds from other stocks, but unlike a black hole effect, leeches have limits.
Once full.
They stop.
Because chasing high poses a huge risk, once the stock price becomes too high, the market’s confidence will be exhausted. At that point, there’s sure to be a drop because some profit-taking money plans to exit.
Like shuffling in turbulence.
It naturally weeds out the investors with less resolve.
Thus.
It wouldn’t affect other stocks too much, it could only be said to be a ’growing pain’.
Due to the large plate.
The rise wasn’t very fast, but it was steady.
At noon, twelve o’clock.
--- Eighty-three dollars.
At one o’clock in the afternoon.
--- Ninety-one dollars.
The trading hours in the American stock market are different from those in Huaxia, which is divided into morning and afternoon, whereas the American stock market runs continuously from nine-thirty in the morning to four in the afternoon.
No break at noon.
In the afternoon.
At exactly four o’clock.
After a day of frenzy.
Nasdaq closed.
ERV’s stock price had also settled.
Closing.
One hundred and nine dollars.
Compared to the opening price, it had risen a full fifty-six dollars, which means that ERV’s market value had directly broken through four hundred billion dollars, becoming the global highest-valued internet company.
In terms of market value.
It was only behind ExxonMobil.
Such data.
Signified.
A new giant.
Had been born.
