U.S. stock market midday update: Kingsoft Cloud rises 10.10%

U.S. Stock Market Midday Update Kingsoft Cloud rose 10.10%, with increased trading volume. Based on recent important news: On August 20, Kingsoft Cloud released its Q2 2025 financial report, with AI business revenue growth exceeding 120%, driving strong overall performance and a 10.1% increase in stock price. On August 20, Kingsoft Cloud announced its interim results, with revenue growth of 17.8% and adjusted EBITDA growth of 672.62%, receiving a positive market response. On August 21, an analyst report raised Kingsoft Cloud's target price to $17.7, rating it as "outperform," further boosting the stock price. Stocks with High Trading Volume in the Industry CoreWeave rose 6.23%, with increased trading volume. Based on recent important news: On August 21, Jane Street purchased 5.4% of CoreWeave's shares, increasing its holdings to 19.99 million shares, driving the stock price up. On August 22, Wainwright analyst Kevin Dede upgraded CoreWeave's rating to buy, with a target price of $180, enhancing market confidence. On August 20, CoreWeave secured a $2.6 billion loan backed by OpenAI, strengthening the company's financial position. Shopify rose 4.46%, with increased trading volume. Based on recent important news: On August 22, Shopify announced its Q2 financial report, with a year-on-year revenue growth of 31%, exceeding analyst expectations, driving the stock price up by 4.46%. On August 20, analysts suggested that Shopify's valuation is too high and recommended avoiding purchases after the financial report. On August 19, Shopify updated its application to enhance email marketing efficiency, increasing market competitiveness. Applied Digital rose 5.50%, with a trading volume of $232 million. Based on recent key news: On August 18, Applied Digital announced plans to build a $3 billion AI data center in North Dakota, expected to start operations in 2026. This news drove the stock price up. On August 19, CEO Wes Cummins revealed that the company is in advanced negotiations with a U.S. investment-grade hyperscale client, indicating strong customer interest and further boosting the stock price. On August 19, multiple analysts maintained a buy rating for Applied Digital, with target prices between $13 and $18, enhancing market confidence. Stocks with High Market Capitalization in the Industry CloudFlare rose 2.19%, with a market capitalization of $68.7 billion. Based on recent important news: On August 21, CloudFlare Chief Financial Officer Thomas J. Seifert sold company common stock, attracting market attention and causing stock price fluctuations. On August 19, CloudFlare's average annual return over the past five years was 39.06%, demonstrating excellent market performance and boosting investor confidence. On August 22, the futures market was dominated by bulls, with enhanced signals of capital inflow, driving stock prices up