U.S. Stock Movement | Kingsoft Cloud (KC.US) rose by over 7%, with smart cloud billing revenue in the first quarter growing by 90.1% year-on-year.

According to Zhitong Finance APP, on Monday, Kingsoft Cloud (KC.US) rose by over 7%, reaching $12.00. In terms of news, Amazon and Microsoft's strong post-earnings performances validate the industry logic of cloud vendors. The company's intelligent cloud has become the core growth engine, with intelligent cloud billings reaching 1 billion yuan in Q1 2026, a year-on-year increase of 90.1%, marking the first time that its share of public cloud revenue has exceeded 50%. Revenue from Xiaomi and Kingsoft's ecosystem serves as a highly certain cornerstone, with this portion of revenue reaching 840 million yuan in Q1 2026, a substantial year-on-year increase of 68.9%, and its proportion of total revenue rising to approximately 31%.