Streetbeat News

Kingsoft Cloud Holdings Limited

https://www.ksyun.com

Industry

Software - Application

Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations in China. The company offers public cloud services to customers in various verticals, including game, video, AI, e-commerce, education, and mobile internet; and enterprise cloud services to customers in financial service, public service, and healthcare businesses. The company was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.

Open

4.03

Mkt cap

938M

Volume

2.1M

High

4.17

P/E Ratio

-3.90

52-wk high

5.80

Low

3.89

Div yield

N/A

52-wk low

2.02

Chinese companies' shares are trading lower following the filing for Chapter 15 bankruptcy protection in NY by property developer, China Evergrande Group.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 3:45 pm

During Thursday's intraday session, several information technology stocks experienced significant movements. Gainers included Latch (LTCH), Greenidge Generation Hldg (GREE), Kingsoft Cloud Hldgs (KC), Quantum Computing (QUBT), Ondas Holdings (ONDS), and TeraWulf (WULF). Losers included Viasat (VSAT), CLPS (CLPS), Greenidge Generation Holdings Inc. - 8.50% Senior Notes due 2026 (GREEL), Daktronics (DAKT), Mobilicom (MOB), and AuthID (AUID).

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 5:37 pm

The article lists the stocks that gained and lost the most during Thursday's mid-day trading session. Progressive Corporation (NYSE:PGR) shares fell by 11.8% due to below-consensus Q2 results. Other notable losers include Viasat, Inc. (NASDAQ:VSAT) and Cryoport, Inc. (NASDAQ:CYRX). On the gainers' side, Synaptogenix, Inc. (NASDAQ:SNPX) and Jiuzi Holdings, Inc. (NASDAQ:JZXN) saw significant increases.

Portfolio Pulse from Lisa Levin

July 13, 2023 | 4:49 pm

Several US stocks traded higher on Thursday, with notable gains for Nikola Corporation, Kingsoft Cloud Holdings, Sify Technologies, Camtek, HIVE Digital Technologies, Stratasys, TeraWulf, LanzaTech Global, Rocket Lab USA, MillerKnoll, Bicycle Therapeutics, SoundHound AI, ACM Research, Redfin Corporation, Agora, AVITA Medical, Affirm Holdings, Unity Software, Pilgrim's Pride Corporation, and Mesoblast Limited. Key drivers include partnerships, order momentum, merger offers, better-than-expected quarterly results, and analyst upgrades.

Portfolio Pulse from Lisa Levin

July 13, 2023 | 2:59 pm

In Thursday's pre-market session, several information technology stocks showed significant movement. Gainers included Strong Global (SGE), Intrusion (INTZ), Kingsoft Cloud Hldgs (KC), Ondas Holdings (ONDS), Airspan Networks Hldgs (MIMO), and AEye (LIDR). Losers included Viasat (VSAT), Tempo Automation Holdings (TMPO), FOXO Technologies (FOXO), Argo Blockchain (ARBK), EMCORE (EMKR), and UTime (UTME).

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 1:12 pm

Several stocks are moving lower in Wednesday's pre-market session, including Silk Road Medical, Coherent Corp., Redfin Corporation, TMC the metals company Inc., Kingsoft Cloud Holdings Limited, and Acadia Healthcare Company, Inc. Silk Road Medical's shares tumbled following a downgrade from JP Morgan. Coherent Corp. recently appointed a new Vice President. Redfin shares fell after a significant jump on Tuesday. TMC received a Buy rating from ThinkEquity. Acadia Healthcare is facing legal challenges following a jury verdict.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 10:40 am

U.S. stock futures traded lower with several big stocks recording losses in pre-market trading. Advanced Health Intelligence Ltd. (AHI) shares declined 11.9% after Bank of New York Mellon raised its stake in the company. Canopy Growth Corporation (CGC) shares dropped 10% despite recent gains. Nikola Corporation (NKLA) shares fell 8.8% following the announcement of asset liquidation of Romeo Power. Other companies experiencing pre-market losses include Kingsoft Cloud Holdings Limited (KC), Rackspace Technology, Inc. (RXT), NOW Inc. (DNOW), MicroVision, Inc. (MVIS), and Tesla, Inc. (TSLA).

Portfolio Pulse from Lisa Levin

July 05, 2023 | 10:33 am

US stocks traded higher with the Nasdaq Composite gaining around 75 points on Tuesday. Durable goods orders rose 1.7% MoM in May, beating market estimates of a 1% drop. American Equity Investment Life Holding Company received a $55 per share acquisition proposal from Brookfield Reinsurance, while Cara Therapeutics was granted a US patent for oral formulations of kappa opioid receptor agonists.

Portfolio Pulse from Lisa Levin

June 27, 2023 | 1:45 pm

CarMax shares jumped 10% after reporting better-than-expected Q1 EPS and sales results. Other stocks with significant movements include Kidpik, Conformis, SCWorx, OncoSec Medical, Surgalign, Nuvve Holding, Pieris Pharmaceuticals, Smith & Wesson Brands, and Applied Digital Corporation.

Portfolio Pulse from Lisa Levin

June 23, 2023 | 4:20 pm

Several big stocks are moving lower in Wednesday's pre-market session, including La-Z-Boy, FedEx, Zura Bio, Cabaletta Bio, Youdao, Kingsoft Cloud, and Cano Health. La-Z-Boy and FedEx reported better-than-expected earnings but issued weak sales forecasts and missed sales estimates, respectively.

Portfolio Pulse from Lisa Levin

June 21, 2023 | 10:39 am

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