KC News and Press, Kingsoft Cloud Holdings Limited From 05/30/23

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is one of today's top gainers. The company's shares are currently up 15.44% on the day to $4.38. Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations in China. The company offers public cloud services to customers ...

2023-05-30 11:10:18 ET The world of artificial intelligence (AI) is rapidly evolving, and its impact on the stock market today is increasingly significant. Whether you’re trading penny stocks or higher-priced stocks, the wave of momentum is unavoidable to notice right now. Two co...

2023-05-26 12:45:07 ET PDD Holdings ( NASDAQ: PDD ) led Chinese tech stocks higher on Friday after the e-commerce giant posted strong first-quarter results, aided by its online marketing services segment. PDD surged 17% after it said it generated an adjusted $1.01 per sh...

2023-05-26 01:00:00 ET Summary Kingsoft Cloud reported its first-quarter revenue fell 14.2%, but its gross margin improved significantly as it focused on customer quality over quantity. The company dismissed recent reports of a growing price war in China’s cloud services ma...

2023-05-25 09:56:50 ET Chinese tech stocks largely fell on Thursday despite a couple of earnings reports from key companies and signs from Alibaba ( NYSE: BABA ) that it would continue hiring amid rumors to the contrary. Alibaba ( BABA ) dipped less than 1% as the co...

2023-05-23 13:58:02 ET Kingsoft Cloud Holdings Limited (KC) Q1 2023 Earnings Conference Call May 23, 2023 08:15 AM ET Company Participants Nicole Shan - Investor Relations Manager Tao Zou - Vice Chairman and Acting Chief Executive Officer Henry He - Chief Financi...

2023-05-23 07:32:28 ET Kingsoft Cloud press release ( NASDAQ: KC ): Q1 GAAP EPS of -$0.02 beats by $0.19 . Revenue of $271.5M (-20.8% Y/Y) misses by $17.48M . CFO comment: "Looking ahead, we will continue to take various measures to cut down expenses and we bel...

BEIJING, May 23, 2023 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced its unaudited financial results for the first quarter ended...

2023-05-22 12:11:16 ET Kingsoft Cloud ( NASDAQ: KC ) is scheduled to announce Q1 earnings results on Tuesday, May 23rd, before market open. The consensus EPS Estimate is -$0.19 (-850.0% Y/Y) and the consensus Revenue Estimate is $288.98M (-15.7% Y/Y). Over the last 2 y...

2023-05-18 08:14:55 ET Alibaba's ( NYSE: BABA ) announcements of better-than-expected fourth-quarter results and spin-off of its cloud group were not enough to keep most Chinese tech stocks from moving lower on Thursday. Alibaba ( BABA ) shares rose 1% after the comp...