These 10 Stocks Are Making Big Moves

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1. QuantumScape Corporation (NYSE:QS)

QuantumScape jumped by 16.69 percent on Tuesday to end at $8.18 apiece as investors repositioned portfolios ahead of the expected release of its second-quarter earnings later this month.

Based on its historical earnings reporting dates, QuantumScape Corporation (NYSE:QS) will report its financial and operating results in the third or fourth week of July.

Investors will be closely watching out for the company’s earnings and production outlook for the short-term period, given the recent achievement of a milestone through the integration of the advanced Cobra separator process into baseline cell production.

According to QuantumScape Corporation (NYSE:QS), Cobra forms the foundation of its high-throughput, continuous-flow separator production platform. It was designed to enable faster, more energy-efficient production with a smaller equipment footprint compared to earlier processes, and represents a step-change improvement in ceramic separator manufacturing.

“Compared to the prior-generation Raptor process, Cobra offers a ~25x improvement in heat treatment speed and occupies a fraction of the physical space per film start—key advantages in the design of a scalable gigafactory production line,” QuantumScape Corporation (NYSE:QS) said.

While we acknowledge the potential of QS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than QS and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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