---
title: "Kingsoft Cloud and Parker-Hannifin Post Record Quarters as Tech and Industrials Pivot"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297634210.md"
description: "Kingsoft Cloud and Parker-Hannifin drove significant revenue gains in 2026, fueled by AI and industrial demand. Meanwhile, Blink Charging and Diageo highlighted cost reductions and deep restructuring efforts amid broader sector transformations."
datetime: "2026-09-01T10:12:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297634210.md)
  - [en](https://longbridge.com/en/news/297634210.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297634210.md)
generator: "portal-rs"
---

# Kingsoft Cloud and Parker-Hannifin Post Record Quarters as Tech and Industrials Pivot

Artificial intelligence and operational restructuring are dictating the pace of the 2026 earnings season across the tech and industrial sectors. Kingsoft Cloud (KC.US) reported a standout second quarter, with revenue climbing 31% to RMB 3.07 billion and achieving its first GAAP operating profit, heavily driven by an 82% surge in AI cloud services. Innodata (INHD.US) similarly capitalized on the AI boom, posting $92.1 million in Q2 revenue—a 58% jump—after securing two new large language model projects expected to add $44 million in annualized run-rate revenue.

Hardware and infrastructure players are navigating a more complex transition. Keysight Technologies (KEYS.US) delivered stronger-than-expected guidance for its third quarter, buoyed by the expansion of its EDA software usage to slash chip design cycles. In the EV sector, Blink Charging (BLNK.US) reported Q2 service revenues of $11.5 million, up 6.2%, and while total revenue declined, a 57% slash in operating expenses helped narrow net losses and expand gross margins to 38.9%. Conversely, consumer tech brand Oddity Tech (ODD.US) beat top-line estimates with $197 million in revenue but grappled with a year-over-year sales decline and missed earnings expectations.

Industrial and commercial heavyweights maintained robust momentum despite varying cyclical headwinds. Parker-Hannifin (PH.US) posted record Q4 sales of up to $5.8 billion and an all-time high backlog of $12.8 billion, following its acquisition of Filtration Group. Packaging firm Ranpak Holdings (PACK.US) also saw steady growth, with Q2 net revenue rising 14% to $105 million as its automation segment more than doubled. Marsh & McLennan (MRSH.US) reported a 6% revenue increase to $7.4 billion, launching a $10 billion property insurance exchange targeting digital infrastructure. Elsewhere, real estate firm Stratus Properties (STRS.US) is executing a full liquidation and voluntary delisting following major asset sales. Meanwhile, beverage giant Diageo (DEO.US) is undertaking a $1.2 billion restructuring program involving nearly 2,000 job cuts, facing sustained industry headwinds and a 2% decline in organic net sales amid persistent weakness in North America.

### Related Stocks

- [KC.US](https://longbridge.com/en/quote/KC.US.md)
- [INHD.US](https://longbridge.com/en/quote/INHD.US.md)
- [KEYS.US](https://longbridge.com/en/quote/KEYS.US.md)
- [BLNK.US](https://longbridge.com/en/quote/BLNK.US.md)
- [ODD.US](https://longbridge.com/en/quote/ODD.US.md)
- [PH.US](https://longbridge.com/en/quote/PH.US.md)
- [PACK.US](https://longbridge.com/en/quote/PACK.US.md)
- [MRSH.US](https://longbridge.com/en/quote/MRSH.US.md)
- [STRS.US](https://longbridge.com/en/quote/STRS.US.md)
- [DEO.US](https://longbridge.com/en/quote/DEO.US.md)

## Related News & Research

- [United Capital Financial Advisors LLC Purchases Shares of 29,094 Parker-Hannifin Corporation $PH](https://longbridge.com/en/news/297307721.md)
- [Here's How Much $100 Invested In Parker Hannifin 5 Years Ago Would Be Worth Today](https://longbridge.com/en/news/297380077.md)
- [Is Keysight’s New Board Voice And AttoTude Win Reframing The AI Story For KEYS?](https://longbridge.com/en/news/297732496.md)
- [Keysight director Scott Reese files initial beneficial ownership statement](https://longbridge.com/en/news/297304766.md)
- [Keysight to Showcase Expanded PNT Capabilities at ION GNSS+ 2026 | KEYS Stock News](https://longbridge.com/en/news/297805111.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**