Kuaishou reports Q2 revenue flat at ~$5.2B, meeting est., net income down 36% YoY to ~$467M, the biggest drop since 2021, and Kling AI sales up 200% (Rachel Yeo/Bloomberg)

Rachel Yeo / Bloomberg: Kuaishou reports Q2 revenue flat at ~$5.2B, meeting est., net income down 36% YoY to ~$467M, the biggest drop since 2021, and Kling AI sales up 200% — Kuaishou Technology earnings fell the most in five years, hit by higher revenue sharing payouts to creators while artificial intelligence …