Here's Why Investors Should Buy Kingsoft Cloud Stock Right Now

Zacks Jan 17 08:05 ET

The US stock market fluctuated and then declined, Apple fell by 4%, Taiwan Semiconductor's ADR once rose over 7%, and Luxury Goods stocks along with European and American government bonds increased.

In December, USA's retail sales growth was weaker than expected, but the Philadelphia January manufacturing Index reached its highest level in nearly four years. Federal Reserve Board member Waller predicted that there might be up to four interest rate cuts this year, which lowered USA Treasury yields and the dollar. The S&P experienced its first decline in four days, previously boosted by Banks' Earnings Reports. Taiwan Semiconductor's quarterly report confirmed AI demand, leading to most chip stocks rising. Luxury Goods giant Richemont's earnings surpassed expectations, causing a collective increase among peers that pushed French stocks up over 2%. The China concept index rose against the trend, with DouYu increasing by about 28%. The yen approached 155, Bitcoin hovered around $0.1 million, oil prices fell from a six-month high, and Gold reached its highest in five weeks. As a cold wave hit, Henry Hub Natural Gas surged over 4%.

wallstreetcnJan 16 19:08 ET

U.S. stocks are moving differently | Some China Concept Stocks are rising, with GDS Holdings (GDS.US) up over 5.6%.

Some China Concept Stocks are rising.

Zhitong FinanceJan 16 10:43 ET

Liu Tao, Senior Vice President of Kingsoft Cloud: Innovations in Cloud Computing technology are a powerful catalyst for the development of AI.

Currently, AI and large models are rapidly transitioning from technological innovation to industrial transformation, and AI Agents are drawing significant attention as the next tipping point in the Industry. Looking ahead to the next decade, Cloud Computing will undoubtedly become a solid foundation and core driving force for the development of AI.

cls.cnJan 15 08:52 ET

U.S. stock movement | The company announces an upgrade to its intelligent computing service system, Kingsoft Cloud (KC.US) rose nearly 5% in pre-market trading.

On Tuesday, Kingsoft Cloud (KC.US) rose nearly 5% in Pre-Market Trading, reaching $9.604.

Zhitong FinanceJan 14 09:07 ET

Shares of Chinese Stocks Are Trading Higher. China's Central Bank Reportedly Indicated It Would Take Measures to Support Economic Growth.

BenzingaJan 14 06:40 ET