Kingsoft Cloud Holdings Ltd (NASDAQ:KC) reported a fiscal first-quarter 2024 revenue of 1.78 billion Chinese yuan ($245.9 million), down by 4.8% year-on-year, missing the analyst consensus estimate of $248.3 million.  The decrease was in line with its expectation along with its scaling down of content delivery network (CDN) services, and more stringent project selection of enterprise cloud projects. Adjusted loss per ADS was $0.12, beating the