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

12 IT stocks experienced significant price movements in Tuesday's pre-market session, with 6 gainers and 6 losers. Notable gainers include Airspan Networks, SatixFy Communications, and Kingsoft Cloud Holdings, while Bitdeer Technologies, Datasea, and FOXO Technologies were among the losers.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 1:12 pm

Coherus BioSciences is acquiring Surface Oncology, causing its stock to tumble 16.8%. ATI Physical Therapy completed a transaction support agreement, leading to a 13.5% dip. Cabot Corporation disclosed the impact of the current demand environment on its business segments, resulting in a 10.4% decline. MicroVision entered a sales agreement with Craig-Hallum Capital Group, causing a 9.4% drop. SoFi Technologies was downgraded by Piper Sandler and B of A Securities, leading to a 9.4% drop.

Portfolio Pulse from Lisa Levin

June 16, 2023 | 2:37 pm

Motorcar Parts of America shares rose 13.5% after reporting Q4 profit. Other stocks with significant gains include First Wave BioPharma, IperionX, Ideanomics, and Cepton. Losers include Auddia, Advanced Health Intelligence, Bonso Electronics, and Jin Medical International.

Portfolio Pulse from Lisa Levin

June 13, 2023 | 4:47 pm

Chinese stocks are trading higher following China's central bank cutting its seven-day reverse repurchase rate.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:46 pm

12 IT stocks experienced significant price movements during Tuesday's pre-market session, with 6 gainers and 6 losers. Notable gainers include Sonic Foundry, Duos Technologies Group, and WiSA Technologies, while Auddia, Advanced Health, and Bonso Electronics Intl were among the losers.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 1:06 pm

Asset Entities Inc. shares surged 142% after announcing the development of an AI bot for its AE360DDM suite of services on Discord. Other stocks experienced significant movement in Monday's mid-day session, with several companies reporting new developments, acquisitions, and analyst upgrades.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 5:04 pm

US stocks opened higher with the Nasdaq Composite gaining over 50 points. Information technology shares jumped by 0.9%, led by WeTrade Group and Kingsoft Cloud Holdings. Novartis agreed to acquire Chinook Therapeutics for $40 per share in cash.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 2:06 pm

Several stocks recorded gains in today's pre-market trading session, including Chinook Therapeutics, which jumped 66.8% after agreeing to be acquired by Novartis AG. XPeng's shares climbed 9.6% following strong pre-sale orders for its new SUV, the G6. Other notable gainers include Braskem, Paramount Global, Olo Inc., Kingsoft Cloud Holdings, Archer Aviation, Amprius Technologies, Intellia Therapeutics, NIO, and Oracle Corporation.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 10:55 am

Information technology stocks experienced significant movement during Friday's intraday session, with Advanced Health, Braze, Soluna Holdings, VirnetX Holding, Kingsoft Cloud Hldgs, and Tempo Automation Holdings among the gainers, while American Software, Comtech Telecom, Presto Automation, HeartCore Enterprises, Kaspien Hldgs, and Lightwave Logic were among the losers.

Portfolio Pulse from Benzinga Insights

June 09, 2023 | 5:31 pm

American Software shares dropped 20.8% despite better-than-expected Q4 earnings, as sales missed estimates and FY24 revenue guidance was between $120 million and $126 million. Other stocks experienced significant price movements during Friday's mid-day session.

Portfolio Pulse from Lisa Levin

June 09, 2023 | 4:49 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.