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 by more than 7%, reaching $12.00.
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%.
Related Articles
ZTO EXPRESS-W (02057): Both volume and quality have improved, with Q2 business volume reaching 10.5 billion pieces, a growth of 6.5%, and a market share of 19.9%.
ZTO EXPRESS-W (02057) reported a net profit attributable to shareholders of 3.051 billion yuan in the second quarter, a year-on-year increase of 57.4%, with a package volume reaching 10.486 billion pieces.
HK Bull/Bear Outstanding Qty Ratio(52:48) | August 19
ZTO EXPRESS-W (02057): Both volume and quality have improved, with Q2 business volume reaching 10.5 billion pieces, a growth of 6.5%, and a market share of 19.9%.
ZTO EXPRESS-W (02057) reported a net profit attributable to shareholders of 3.051 billion yuan in the second quarter, a year-on-year increase of 57.4%, with a package volume reaching 10.486 billion pieces.
HK Bull/Bear Outstanding Qty Ratio(52:48) | August 19
RECOMMEND
