US Stock Movement | Kingsoft Cloud (KC.US) rose over 6% as AI public cloud revenue growth is expected to boost second-quarter performance.

Zhitong Finance APP learned that on Tuesday, Kingsoft Cloud (KC.US) rose nearly 7%, closing at $12.73. According to reports, GF Securities released a research report predicting that Kingsoft Cloud's revenue for Q2 2026 will reach 3.04 billion yuan, a year-on-year increase of 29% and a quarter-on-quarter increase of 12%, primarily driven by growth in AI public cloud; it is anticipated that the adjusted gross profit margin will increase by 1.8 percentage points quarter-on-quarter to 14.6%, as cluster delivery improves gross profit margins; the report predicts an adjusted operating profit near breakeven, with an expected adjusted EBITDA margin of 34%.