US Stocks Movement | Kingsoft Cloud (KC.US) rises over 6% as growth in AI public cloud revenue is expected to boost Q2 performance

According to Jinse Finance, on Tuesday, Kingsoft Cloud (KC.US) rose nearly 7%, closing at $12.73. On the news side, GF Securities released a research report predicting that Kingsoft Cloud's Q2 2026 revenue will reach 3.04 billion yuan, up 29% year-on-year and 12% quarter-on-quarter, with revenue mainly driven by the growth of AI public cloud. The report forecasts that the adjusted gross margin will increase by 1.8 percentage points quarter-on-quarter to 14.6%, with gross margin rebounding as cluster deliveries occur. It is also predicted that adjusted operating profit for Q2 2026 will be slightly positive, and the adjusted EBITDA margin will be 34%.