QuantumScape Corporation (NYSE:QS) soared to a new high on Tuesday, marking its sixth consecutive day of gains. The stock hit an all-time high of $11.15 before closing at $10.85, up 7.96%. QuantumScape will release its second-quarter earnings on July 23, 2025, and has been taking questions from shareholders for the upcoming conference call. The company previously announced budgeting between $45 million and $75 million this year, with an adjusted EBITDA loss of $250 million to $280 million. While QuantumScape shows promise, other AI stocks may offer higher returns with limited downside risk. For more information, check out Insider Monkey’s free report on the best short-term AI stock.

Read more at Yahoo Finance: QuantumScape (QS) Hits New All-Time High, Extends Winning Streak on 6th Day