US Stock Market Move | KINGSOFT CLOUD (KC.US) rose by more than 7%, with first-quarter smart computing cloud billing revenue increasing by 90.1% year-on-year.

On Monday, KINGSOFT CLOUD (KC.US) rose over 7%, closing at $12.00. In terms of news, the significant increase in Amazon.com, Inc. and Microsoft Corporation after their earnings reports validates the industry logic for cloud providers. The companys smart cloud has become a core growth engine, with billing revenue reaching 1 billion yuan in the first quarter of 2026, a year-on-year increase of 90.1%, and for the first time, accounting for over 50% of public cloud revenue. Revenue contribution from Xiaomi and the Kingsoft ecosystem provides a high degree of certainty, with this segment reaching 840 million yuan in the first quarter of 2026, a year-on-year increase of 68.9%, and its proportion of total revenue rising to approximately 31%.