Reported 2 days ago
QuantumScape Corporation (NYSE:QS) saw a significant rebound of over 10% on Tuesday, closing at $13.80 per share as investors positioned themselves for the company's upcoming Q2 earnings report. This recovery follows previous losses and is driven by investor optimism surrounding a new production milestone, the Cobra separator, which promises enhanced efficiency and speed in manufacturing electric vehicle batteries. Despite this positive outlook, some analysts believe that AI stocks may offer better long-term investment opportunities.
Source: YAHOO