QuantumScape (QS) stock is refusing to fade on Friday after its 30% Thursday session spike with shares of the automotive battery maker adding another 16% at the time of publication.
QuantumScape stock rises another 17% on Friday, following Thursday's 30% run. Wall Street cheers on battery maker, loves capital-light strategy.
advance further after June CPI falls. Volkswagen could end up producingQuantumScape batteriesfor as many as 1 million vehicles annually. QuantumScape stock is refusing to fade on Friday after its 30% Thursday session spike with shares of the automotive battery maker adding another 17% at the time of publication. The successful price action demonstrates that bulls are taking the company’s partnership with Volkswagen quite seriously, which bodes well for a continued rally in the beaten-down stock.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Can the iPhone 16 and 16 Plus run Apple Intelligence AI?Daniel, a devoted tech writer at PhoneArena since 2010, has been engrossed in mobile technology since the Windows Mobile era. His expertise spans mobile hardware, software, and carrier networks, and he's keenly interested in the future of digital health, car connectivity, and 5G.
Read more »
iPhone 16 Pro Max vs iPhone 16 Pro: will there be that much of a difference?Preslav, a member of the PhoneArena team since 2014, is a mobile technology enthusiast with a penchant for integrating tech into his hobbies and work.
Read more »
iPhone 16 and 16 Pro will be equally powerful, says new reportAnam Hamid is a computer scientist turned tech journalist who has a keen interest in the tech world, with a particular focus on smartphones and tablets. She has previously written for Android Headlines and has also been a ghostwriter for several tech and car publications.
Read more »
Jumia Technologies Stock Forecast: JMIA launches second day of extraordinary rallyJumia Technologies (JMIA), known by reputation as the African Amazon (AMZN) for its ecommerce speciality and other digital offerings, is surging again on Wednesday.
Read more »
Tesla Stock Forecast: The TSLA neckline that everyone is watchingCould the value destruction finally be over? Unlike the rest of the Magnificent Seven, Elon Musk’s Tesla (TSLA) has remained in a long-term downtrend since its November 2021 all-time high, which is why some members of the gossip class have switched to the new Super Six grouping.
Read more »
FedEx stock surges as profit forecast tops analyst expectationsFedEx stock surges as profit forecast tops analyst expectations
Read more »