sbdcsierra Chapter 325 The Market Value Plummeted And The Net Worth Shrank Wildly.
Chapter 325 The Market Value Plummeted And The Net Worth Shrank Wildly.
[Future Group has reached a strategic cooperation with IBM and signed a service period contract worth 2.4 billion meters to build a large data center. 】
[‘Cloud Computing’? Future Group CEO proposed a new concept - cloud computing, is it really promising? 】
[Is investing 2.4 billion meters in building a large-scale data center in vain?]
[After Amazon, Future Group proposed the concept of ‘cloud computing’. Why do the two companies favor ‘cloud computing’? 】
[The decline of Future Group begins with the construction of a large data center with 2.4 billion meters of gold!]
[Future Group has spent huge sums of money to build large-scale data centers and lay out the layout for "cloud computing". The market reaction was pessimistic, and the stock price plummeted. Today's price fell below the strong support of 168.03 meters of gold and fell to the 92.7 meters of gold support line. 】
As IBM held a press conference, as soon as the news came out, mainstream media in all continents in North America reported it.
At the time of "053", there was countless uproar.
As soon as the news came out, Future Group's stock price plummeted.
Obviously.
The market is not optimistic about Future Group’s investment in ‘cloud computing’.
Although "cloud computing" is a new concept proposed by Lu Yi, similar concepts came out twenty years ago.
But so far, there has been no major progress or development.
so.
People are not optimistic about the so-called "cloud computing" at all.
Some experts even bluntly said that the "cloud computing" launched by Future Group is just like the slogan concept of "the network is the computer" proposed by Sun Microsystems back then. It is just a gimmick and does not have much practical significance.
This time, Future Group failed to play nice and beautifully like before, but just messed up.
Because the market simply doesn’t buy it.
On the contrary, IBM, because it received this super large order, its performance immediately exploded, and investors rushed to raise funds, causing the stock price to rise sharply.
Longguo, Sioux City, Future Group.
In the CEO office, Lu Yi is reading a financial news report.
The headline on the front page is the news about the strategic cooperation between Future Group and IBM.
[Future Group is actively deploying the field of 'cloud computing' and has reached a major strategic cooperation agreement with IBM, signing a server contract worth 2.4 billion gold (equivalent to 19.2 billion yuan) to build 12 large data centers around the world. This is Future Group has made its first big move in business since its IPO. 】
[However, the market is not optimistic about the strategic layout of Future Group. Since the news was disclosed, Future Group's stock fell in response. It fell 20.3% that day and fell another 13.7% the next day, hitting 124.1 meters of gold. The current market value is 99.2 billion meters of gold. It has been less than three months since its listing. 124.8 billion meters of gold evaporated, surpassed by Sanxing Electronics, whose market value recently exceeded 100 billion meters of gold. 】
Previously, the market value of Future Group fell directly out of the top ten in the world.
Originally, in the area of Internet technology companies, it was still second only to Microsoft.
But as the stock price plummeted, the market value hit 99.2 billion meters, falling below the 100 billion mark. It also directly lost its second position in the market value of Internet technology companies.
Calculated based on the closing prices of companies in the third quarter, the top ten market value of Internet technology companies are: Microsoft 278.9 billion meters, Intel 157.4 billion meters, IBM 131.9 billion meters, Sanxing Electronics 100.5 billion meters Gold, Guge 99.4 billion meters of gold, Future Group 99.2 billion meters of gold, Jiaguwen 67 billion meters of gold, eBay 54.8 billion meters of gold, Fruit Company 43.1 billion meters of gold, Soni 41 billion meters of gold.
Not only did Future Group fall from second to sixth position, it was even overtaken by Gu Ge.
Of course.
Lu Yi doesn't care much about the company's market value.
Continue reading the article content.
[Lu Yi, founder of Future Group, saw his personal net worth shrink significantly as the company’s stock price plummeted. Now Lu Yi's net worth has shrunk to 35.7 billion yuan, losing his position as the world's richest man and ranking third in the global personal wealth list. Microsoft founder Bill Gates has returned to the world's richest man. 】
[Analysts from major institutions in North America have expressed their opinions on this matter, believing that Future Group has spent huge sums of money to deploy cloud computing, which is irresponsible to major investment institutions and the majority of shareholders. Goldman Sachs, Morgan and other institutions are bearish on Future Group and have lowered Future Group's share price to 80 meters gold. 】
Looking at the content in the newspaper, Lu Yi felt a little helpless.
The market's reaction was within his expectations, but he didn't expect the reaction to be so strong.
After the news was disclosed on October 12, Future Group's stock price plummeted for three consecutive days.
Analysts from major investment institutions have jumped out to speak ill of Future Group.
Lu Yi didn't need to look at it to know that as these institutions jumped out to badmouth, the share price of Future Group may have plummeted again last night, and may have already fallen below the opening price when it was listed.
In the newspaper, in addition to the market's pessimism about this, IBM's head Samuel Palmino went against the norm and directly supported cloud computing, praising Future Group's building of a data center as a very far-sighted thing.
Seeing this text, Lu Yi couldn't believe even the punctuation marks.
The reason why the other party jumped out to support him against his will was naturally for the benefit of the company.
no doubt.
The major strategy announced by Future Group this time has once again become a hot topic in the technology community.
The two concepts of "cloud computing" and "big data" have also entered people's field of vision for the first time, causing widespread discussion.
only.
Future Group's strategic layout this time is not only unfavorable to Wall Street, but also generally pessimistic within the industry.
By October 16, Future Group’s stock price had fallen sharply for four consecutive days.
On that day, the closing price of Future Group was 82.19 meters of gold, which was only 2.19 meters of gold higher than the target price lowered by those analysts.
The total market value after the closing fell to 65.7 billion meters, overtaken by Jiaguwen.
In just four days, Future Group's stock price was like a roller coaster, falling from a stable position of 188.67 meters gold to 82.19 meters gold, a plunge of 106.48 meters gold, a drop of 56.4%.
Also in these short four days, the market value of Future Group fell from 150.9 billion meters to 65.7 billion meters, evaporating 85.226 billion meters, which is equivalent to the current market value of Future Group.
Lu Yi's personal net worth also dropped from 54.3 billion meters to 23.6 billion meters, a loss of 30.7 billion meters.
The position on the personal wealth list has dropped three places from yesterday, being replaced by Indian steel magnate Lakshmi Mittal, Moxican telecom giant Carlos Slim Horu and Sat's dog tycoon Prince Asu Prince De made a comeback and fell from the position of the richest man in the world to the sixth position.
To this.
Everyone was also talking about it and got excited about eating melons.
Because the market value of Future Group and Lu Yi's personal wealth have shrunk too fast.
This level of evaporation is simply frightening to watch.
at the same time.
North American investors who bought shares of Future Group were also tortured to death.
As a result, countless people lost their money and lost their entire fortune. .