US Stock Market Move | OpenClaw's popularity is rising, KINGSOFT CLOUD (KC.US) surges more than 15% in early trading.
On Monday, Kingsoft Cloud (KC.US) surged by more than 15% in early trading, reaching $13.80 per share.
On Monday, KINGSOFT CLOUD (KC.US) surged more than 15% in early trading, reaching $13.80 per share. On the news front, on March 9th, the OpenClaw open source project became the fastest growing open source software project in GitHub's history, driving the increase in demand for AI-related cloud services. On the same day, domestic mainstream cloud providers such as Tencent Cloud, Alibaba Cloud, and Huawei Cloud announced comprehensive support for one-click deployment services for OpenClaw, which is expected to boost cloud usage significantly.
Open source securities stated that application products such as Seedance2.0 and OpenClaw are expected to drive high demand for computing power, while domestic and foreign cloud providers have successively announced price increase notices, further reflecting the strong demand for computing power downstream.
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