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US stocks closed | The three major indices rose and fell unevenly, with Tesla soaring 22%, marking the largest increase in eleven years.
Economic data supports the market's bet on a routine 25 basis point rate cut by the Federal Reserve in November. The US stock market only saw a drop in the Dow, the first four-day consecutive decline since June, dragged down by IBM and Boeing. The Chinese concept index fell by 1.6% before halving its decline, while Li Auto Inc surged more than 1%.
QuantumScape Options Spot-On: On October 24th, 207.52K Contracts Were Traded, With 454.39K Open Interest
On October 24th ET, $QuantumScape(QS.US)$ had active options trading, with a total trading volume of 207.52K options for the day, of which put options accounted for 14.17% of the total transactions,
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Baird Maintains QuantumScape(QS.US) With Hold Rating, Maintains Target Price $8
Stock market anomaly | QuantumScape surged more than 35% at one point, announcing the start of production of prototype B-sample batteries.
Gelonghui on October 24| battery technology startup company QuantumScape (QS.US) once surged more than 35%, reaching a high of $7.029. On the news front, QuantumScape announced that it has started production of prototype B-sample batteries, achieving its main goal for 2024 ahead of schedule. Currently, the batteries are being shipped to auto customers for testing. In addition, due to the satisfactory technological progress of PowerCo, a subsidiary of Volkswagen, paying $0.134 billion, the company's cash flow will continue until 2028. (Gelonghui)