US Stock Market Move | KINGSOFT CLOUD (KC.US) rose 5%, selected for Goldman Sachs Group, Inc.'s China curated AI portfolio.
On Friday, KINGSOFT CLOUD (KC.US) rose 5% to $8.52.
On Friday, KINGSOFT CLOUD (KC.US) rose 5% to $8.52. On the news front, Goldman Sachs Group, Inc. recently published a research report stating that since the DeepSeek moment in early 2025, Chinese AI-related listed companies have created nearly $5 trillion in market value through share price gains and IPOs, with AI stocks now accounting for 42% of the total market value of A-shares and H-shares and 57% of trading volume. Goldman Sachs Group, Inc. updated its "China curated AI portfolio" to 50 stocks covering five major layers: power, semiconductors, infrastructure, models, and applications, with KINGSOFT CLOUD included in the infrastructure layer.
Related Articles
US Stock Market Move | ZAI LAB (ZLAB.US) rises over 2%; investigational ADC Zoci shows positive Phase Ib data.
US Stock Market Move | SLB (SLB.US) rises nearly 7%, Q3 production systems revenue up 15% year-over-year.
AI shopping assistants disrupt the e-commerce landscape! Bernstein: It may be a wise move for platforms such as Amazon.com, Inc. (AMZN.US) and Uber Technologies, Inc. (UBER.US) to temporarily refuse access.
US Stock Market Move | ZAI LAB (ZLAB.US) rises over 2%; investigational ADC Zoci shows positive Phase Ib data.
US Stock Market Move | SLB (SLB.US) rises nearly 7%, Q3 production systems revenue up 15% year-over-year.
AI shopping assistants disrupt the e-commerce landscape! Bernstein: It may be a wise move for platforms such as Amazon.com, Inc. (AMZN.US) and Uber Technologies, Inc. (UBER.US) to temporarily refuse access.
