Global Monopoly of Technology

Chapter 479 [Serial stock market disaster, don't think about it if it doesn't make me feel

The other Google managers who attended the meeting finally came to a realization. On the one hand, Luo Sheng's move was actively exploring emerging market economic regions, which would reduce his dependence on the North American market in the future. For the North American market, it is inevitable that they will not give up this market, because it is equivalent to forcing the original old customers to return.

The executives present were not stupid, and they quickly analyzed some of the doorways.

Put yourself in the shoes, if Google is those customers, choosing to return can not only continue to use the solutions provided by Bluestar Technology, but also avoid the appearance of potential competitors, and at the same time enjoy lower fees, for those customers, it is simply a stone’s throw away Three birds, there is no harm to a hundred benefits, and vice versa.

But because a ban forced them not to continue to do business with Bluestar Technology, then this grievance would inevitably be transferred to the North American authorities, because if there was no such ban, this mess would not happen now.

But here's the problem. Even if the people present thought of Luo Sheng's coping strategy, they could only stare blankly, unless the company's profits were lowered along with it, and at the same time, there were more than 200 billion cash reserves in hand, which could be taken out at any time to fight Luo Sheng.

However, Google's revenue last year was only $35.9 billion, while Bluestar's $203.09 billion was more than 5.6 times that of Google.

Bluestar Technology's annual net profit is more than double Google's revenue. How to fight this battle?

The company's cash reserves are even more incomparable. Bluestar Technology has a cash reserve of $221.8 billion, while Google's current cash reserve is only $10.7 billion, a difference of more than 20 times in cash reserves.

This battle can't be fought, and Google doesn't have the courage to fight because Luo Sheng is a lunatic.

Because there are victims ahead.

Last year, the console alliance formed by Microsoft and Sony had a head-to-head fight with Luo Sheng's Cote d'Azur in the console market. What the result was, everyone in the industry saw it.

Sony almost went bankrupt again, and was ridiculed by any and players in the industry, and Microsoft, as the leader, suffered the most, and it was a waste of billions of dollars without any benefits. Incidentally, the "Halo" series was also compensated. I didn't talk about it when I went in, and I also fought an extremely embarrassing lawsuit. Now there is no result, and I don't need to think about it. It must be a piece of chicken feathers.

And all of this, Microsoft's series of operations did not change the pattern.

One of the executives who attended the meeting couldn't help but strongly complained: "This lunatic, with such a crazy strategy, Wall Street and market financial investors must not be bombarded?"

"It's blown up.

"Larry Page stared at the computer display screen in front of him and said calmly: "I watched the BTC stock trend for one minute on the whole time, $1.22 billion evaporated, $1.22 billion in one minute, no more, just 1 minute everyone, I haven't read the market, but it's definitely terrible. "

The management personnel who attended the meeting were also speechless.

After that, Page couldn't help but shook his head with a wry smile, "I finally understand why Wall Street wants to control listed companies all the time and kick the founder out."

With a leader like Luo Sheng, Wall Street bankers can't stand it.

An executive said: "221.8 billion US dollars, how long can he last and how big is the spread? Is there a mathematical model?"

Eric Schmidt took a sip of water, put down the glass, and said, "Before you can calculate how long he can last and how much it will spread, you should first find out how large the funds he can actually mobilize?"

"Only 221.8 billion US dollars? No, this is only Bluestar Technology, Luo Sheng and Azure Coast Company, there are at least 70 to 80 billion US dollars here, and don't forget that he also has Shengfeng Capital, which is not less than 50 billion here. Dollar cash flow, and life science funds approaching $20 billion."

Speaking of which, Eric Schmidt added: "And there have been rumors for a long time that Luo Sheng secretly shorted the North American real estate market in 2007, and made a lot of money and left the market safely. If this is true, God, who knows how many billions of dollars he has harvested? How much has he grown in value over the years?"

Everyone in the meeting couldn't help but smack their lips secretly.

The rumor that Luo Sheng is short on the subprime mortgage crisis is not new news in the financial circle at the top level. Someone even gave him a "big short" hat, but he has not found any conclusive evidence that he is short. One of the big bears of the subprime mortgage crisis.

So far, CIA, NSA, FBI and other institutions, including some financial institutions on Wall Street, have been investigating, trying to find out the truth.

A person like Luo Sheng would be uneasy if he might have a potentially huge amount of assets and become an international hot money, because Luo Sheng, even the smartest people on Wall Street, regard him as a person who is shrewd to the core. Such an evaluation is enough to get a glimpse of the leopard, which is evident.

Sergey Brin sighed: "Even if he didn't short the subprime mortgage crisis, his cash reserve that he can clearly determine now exceeds $300 billion. God, how can he have so much? Wealth dominance?"

Knowing this news, Google was also a little depressed, and had to take one step at a time, and now the top priority of the company's spin-off and reorganization is.

...

As the saying goes, good fortune comes, but misfortunes do not come singly. A series of bad news has continuously dampened confidence in the stock market, causing a series of stock market disasters to continue.

Bluestar Technology announced that the cloud computing service fee and advertising fee will be reduced by 30%, and the overall service fee of the group company will be reduced to 22.3%. That's a further hit to the company's own revenue and profits, which is bad news for Wall Street and investors.

Affected by this news, the market value of Bluestar Technology Group has evaporated by another 145 billion US dollars, the market value has plummeted to 735.22 billion US dollars, and its market value has been cut by half again.

Countless investors who have suffered a series of stock market crashes have seen the rhythm of heartbreak.

History has always been strikingly similar, and Bluestar's stock has once again staged a panic sell-off.

There is no good news, there is bad news one after another, and this is not the last.

Then came another bad news that gave the market a crit damage.

Blackstone Group, also known as BlackRock Group, which has the title of risk control master in the asset management industry and the king of risk management and control, published a "Bluestar Technology Risk Assessment Report", which aggravated the market's panic and soared. .

How can a company with a market value of less than $70 billion in Blackstone Group have such a powerful influence?

In a sense, market capitalization is important to a company, but sometimes it really doesn't mean much.

In the financial circle, Blackstone manages funds that exceed the total GDP of Japan, and its asset scale is almost unmatched in the asset management industry, even surpassing many well-known banks and insurance companies.

Apple, McDonald's, Shell, including Bluestar Technology, etc., these star-level multinational companies that people often hear about today, Blackstone is one of their largest single shareholders.

Blackstone is a buy-side company. It can also be said to be a technology company. It is also the king of risk control. It not only survived the subprime mortgage crisis, but also played a role in saving the market. Last year, the explosion of Bluestar Technology Group triggered a "black swan". After the incident, Blackstone once again retreated and played the role of saving the market, becoming a "shadow company", and its visionary mergers and acquisitions along the way have achieved its dominance in the asset management industry.

It can be seen how powerful the assessment report issued by Blackstone Group is.

According to this report, the North American market is the largest single source of revenue market for Bluestar Technology Group, accounting for 35% of its annual revenue. Last year, Bluestar Technology’s revenue was only swept away by the North American market, which was an astronomical sum of US$71.08 billion.

Blackstone Group's risk assessment report on Bluestar Technology Group is that, affected by this incident, Bluestar Technology's revenue in the North American market this year will be reduced to only about 15 billion US dollars, which means that only the impact of the North American market will be affected. Let Bluestar make $56 billion less.

But this is not the most serious. According to Blackstone's assessment report, Bluestar Technology still has a higher unknown risk. Canada, Australia, the United Kingdom, and New Zealand are very likely to impose a cooperation ban on Bluestar Technology. , and even the euro area has a certain possibility of follow-up.

The final conclusion of Blackstone's risk assessment is that Bluestar Technology Group's revenue this year will likely be cut in half to only $95 billion, while annual net profit will drop from $72 billion to $26.6 billion.

Investors were almost desperate when such a report was published.

But many people have overlooked one point. Even if both revenue and profit are created, the net profit of 26.6 billion US dollars ranks in the top five of the world's top 500, and it is still one of the most profitable companies in the world.

Who makes Bluestar Technology's current size incredible?

But humans are insatiable creatures.

The release of an article made the market value of Bluestar Technology evaporate by more than 175.6 billion US dollars again, and the current market value has fallen below 559.62 billion US dollars, which is about to fall below the red line of the last thunderstorm.

The domestic melon eaters were stunned, seeing that the market value of Bluestar Technology would drop by hundreds of billions at any time, and they were terrified.

...

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