U.S. stock night trading volatility: Kingsoft Cloud fell 7.92% in night trading, market panic triggered by performance concerns ahead of the board meeting

U.S. Stock Night Market Movements Kingsoft Cloud fell 7.92% in the night market. Based on recent key news: On May 11, Kingsoft Cloud announced that it will hold a board meeting on May 27 to review the quarterly unaudited financial report for the period ending March 31, 2026. This news raised market concerns about the company's performance, leading to a decline in stock price. Source: Hong Kong Stock Exchange announcement. The technology industry has been volatile recently and requires attention. Stocks with High Trading Volume in the Industry CoreWeave fell 0.57% in the night market. Based on recent key news: On May 14, the NVIDIA Foundation purchased computing resources from CoreWeave and donated them to universities and non-profit organizations, with a donation value of $108.3 million. This move demonstrates NVIDIA's support for CoreWeave and may enhance market confidence. On May 11, Wells Fargo raised its target price for CoreWeave to $155 against the trend, despite second-quarter earnings guidance falling short of expectations. They value the long-term core fundamentals, believing that the company's large order backlog and demand for AI computing power will drive future growth. On May 11, insiders continued to sell CoreWeave stock, with $1.9 billion worth of stock sold in the past three months, leading to doubts about internal confidence in the company. The technology industry is performing strongly, with AI demand driving growth. Snowflake fell 0.24% in the night market. Based on recent key news: On May 13, Blend achieved elite partner status with Snowflake, showcasing its excellence in technology and scale. This achievement highlights Blend's outstanding performance in collaboration with Snowflake and may enhance market confidence in Snowflake. On May 13, Oppenheimer analysts pointed out that Snowflake's growth mainly comes from enterprises migrating from old systems, expecting product revenue to exceed market expectations by 1.5% to 2%. Analysts maintain a "Outperform" rating on Snowflake, with a target price of $250. On May 12, Alteryx announced that it will speak at the Snowflake Summit from June 1 to 4, showcasing its applications in the AI field. This may increase market attention on Snowflake's technology ecosystem. The demand in the AI industry is strong, and market volatility risks are increasing. Shopify rose 0.18% in the night market. Based on recent key news: On May 12, Sezzle's antitrust lawsuit against Shopify continues to advance, accusing it of restricting competition for "buy now, pay later" services, which may affect Shopify's market behavior. This legal development could impact Shopify's business model, leading to stock price fluctuations. Source: Dow Jones Newswires On May 11, analysts rated Shopify as "Moderate Buy," but it was not included in the top recommended stocks list. Analysts believe that five other stocks have greater investment value, which may affect investor confidence in Shopify. Source: MarketBeat On May 11, the Universal Commerce Protocol (UCP) developed by Shopify in collaboration with Alphabet is considered a potential growth driver for the future. AI agents require reliable structured data, and Shopify's catalog may become a winner in this transition, driving up stock prices. Source: Motley Fool The competition in the e-commerce platform intensifies, and legal risks increase