[Kingsoft Cloud Pre-Market Up Nearly 4%, Morgan Stanley Optimistic About Its Rapid AI Revenue Growth] According to Jinse Finance, on July 10, Kingsoft Cloud (KC.US) rose 3.92% pre-market, trading at $10.88. Morgan Stanley issued a research report, initiating coverage of Kingsoft Cloud with an 'Overweight' rating and a target price of $15. The firm is optimistic about the company's transformation from a mid-tier general cloud service provider to an AI cloud service provider. Its AI revenue is growing rapidly, profitability continues to improve, and it is backed by the strong ecosystem support of Xiaomi and Kingsoft Group.