U.S. stock unusual movement | Kingsoft Cloud (KC.US) rises by 6% with performance exceeding expectations, gaining favor from institutions.

According to the Securities Times app, on Wednesday, Kingsoft Cloud (KC.US) rose by 6%, to $17.03 per share. Bank of America Securities released a research report stating that during an investor event, they had exchanges with management of Chinese software companies such as Kingdee, Meitu, Kingsoft Office, and Yonyou, as well as data center and cloud computing enterprises. They found that the progress of software companies in monetizing AI was steady, with the value of AI-related contracts continuing to rise. At the same time, AI agents and AI coding deployments are driving operational efficiency improvements for software companies. In the field of data centers and public clouds, the bank has a positive outlook on Wanguo Data, Century Internet, and Kingsoft Cloud. Due to strong AI demand driving, all performance exceeded expectations, and ratings are all "buy."