Latest news with #AnneHegerty
Time of India
14 hours ago
- Business
- Time of India
QuantumScape stock tanks 17%! What's behind the sudden sell-off in the EV battery maker?
QuantumScape Corp. (NYSE: QS), the ambitious EV battery developer backed by Volkswagen, saw its stock plunge nearly 17% on Monday, July 21 , erasing much of last week's gains. After a dramatic surge driven by enthusiasm around its new 'Cobra' separator technology, investors appear to be locking in profits, raising questions about the company's long-term viability and near-term valuation. What caused QuantumScape stock to crash 17% today? Several key factors are behind the dramatic drop in QuantumScape shares: 1. Profit-taking after a monster rally QuantumScape shares had soared over +50% in just one week after the company revealed early production of its proprietary 'Cobra' separator. This technology is a crucial component in solid-state lithium-metal batteries, which are expected to outperform conventional lithium-ion cells in energy density, safety, and charging speed. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Anne Hegerty And Her Partner, Who You Will Easily Recognize Sport Pirate Undo Cobra separator features : 25x faster heat-treatment process 80% smaller footprint vs prior techniques Designed for scalable solid-state cell production Despite no major commercial breakthrough, the mere prospect of manufacturing advancements sent traders into a buying frenzy. But as the stock climbed from around $9.50 to over $14.50 within days, short-term investors likely took profits, triggering the sharp correction. 2. Valuation concerns resurface Even after years of R&D, QuantumScape remains a pre-revenue company. It continues to burn cash and has not yet secured large-scale commercial contracts. The company's market cap reached nearly $7 billion last week despite zero product deliveries or income. Live Events Market Cap (July 19): ~$6.9 billion 2024 Q1 Net Loss: $124.6 million Cash on hand: $1.03 billion (as of March 31) This disconnect between market cap and revenue reality made many institutional investors wary. As retail hype faded, fundamentals took over. 3. Broader EV and battery sector weakness QuantumScape's sell-off also reflects broader uncertainty across the EV supply chain. Several major automakers—including GM and Ford —have recently slowed their EV production plans amid weakening demand and tightening margins. This cautious industry tone has trickled down to upstream suppliers like QuantumScape, which depend heavily on future OEM contracts that may now be delayed or reduced. 4. Short-seller pressure and high volatility QS remains one of the most volatile battery stocks on Wall Street, attracting heavy options trading and short interest. As of last week, over 18% of the float was sold short—amplifying the downward move when momentum reversed. Short Interest: ~18.3% of float Beta (5Y Monthly): 5.17 (extremely volatile) 52-week range: $4.92 – $15.40 Monday's trading volume surpassed 60 million shares , more than 6× its average daily volume , underscoring the sell-off's intensity. Is this a healthy correction or a warning sign? Analysts and Reddit investors seem to agree: this drop is likely a healthy correction after a hype-fueled rally. But it's also a reminder that QuantumScape remains a speculative play , highly sensitive to headlines, sentiment, and long-term timelines. If you're a long-term investor, here are two things to watch: Q2 2025 Earnings (July 23): Investors are awaiting updates on partnerships, production timelines, and capital expenditures. Cobra technology rollout: If QuantumScape can provide concrete proof of scaled-up Cobra separator production, the stock could regain momentum. What does RSI over 90 really mean for these hot stocks? The Relative Strength Index (RSI) is a momentum indicator ranging from 0 to 100. A stock is considered overbought when its RSI exceeds 70 — and anything above 90 is rare and often unsustainable. Currently: QuantumScape (QS) has an RSI of 90.92 Cogent Biosciences (COGT) sits at 90.74 Opendoor Technologies (OPEN) posts 90.82 These sky-high RSI numbers suggest that while these stocks are in strong uptrends, they may be due for a near-term correction or at least some consolidation. Why is QuantumScape (QS) under the technical scanner? QuantumScape shares ended Friday up 7.65% at $14.64, marking a massive 164.26% year-to-date gain and 84.15% over the past year. Technical indicators, including its MACD line at 2.10 and moving averages, point to a bullish trend. However, with RSI now approaching unsustainable levels, the momentum could slow down. In premarket trading Monday, QS dropped 3.96%, signaling possible cooling off. That said, the company continues to make headlines — especially after its latest collaboration with Murata Manufacturing Co. to further its solid-state battery technology. QS is betting big on becoming a key player in the electric vehicle revolution. Is QuantumScape still a long-term buy? QuantumScape's dream of commercializing solid-state batteries is transformative but still several years away . The recent stock swing is a classic case of "buy the rumor, sell the news" in a high-risk, high-reward sector. Investors should weigh: The company's cash runway (estimated into 2026) Upcoming milestones (like prototype deliveries to OEMs) Broader EV demand trends While the 17% drop may feel alarming, it's not necessarily bearish in the long term —as long as QuantumScape can keep delivering on its promises. What's behind Opendoor Technologies' explosive 36% surge? Opendoor Technologies (OPEN) jumped 36.36% on Friday, closing at $2.25. It's up 41.51% year-to-date, although still down 10.71% over the past year. Technicals remain solid, with its MACD and SMA metrics confirming momentum. But the RSI nearing 91 is a strong warning. According to Benzinga Edge Rankings, OPEN has the strongest short-, medium-, and long-term price trend, with a value ranking in the 76.19th percentile. In premarket action on Monday, OPEN was already up another 19.11%, reflecting continued bullish interest. However, such vertical rallies, when paired with extreme RSI, often end in either a sharp pullback or a sideways grind. Is Cogent Biosciences (COGT) still a solid momentum play? Cogent Biosciences (COGT) ended Friday up 2.38% at $12.49, logging a 60.13% YTD gain and 43.73% return over the past year. Its MACD line stands at 1.48, reinforcing bullish momentum. While the SMA data shows the price is above trend levels, the RSI of 90.74 points to potential exhaustion. Premarket on Monday saw COGT up another 2.00%, riding the biotech rally wave. But with momentum indicators stretched, traders may start taking profits soon. Are investors ignoring the red flags in this rally? While RSI alone isn't a sell signal, historical data shows that stocks trading above 90 RSI levels often experience short-term corrections. These stocks — QuantumScape, Opendoor, and Cogent — are clearly on strong bullish runs, driven by news flow, partnerships, and investor enthusiasm. But when all momentum signals are maxed out, caution is wise. Even the anonymous derivatives trader Heisenberg (@Mr_Derivatives) hinted on X, "Extrapolate how you see fit," suggesting that savvy traders should read between the lines. Should you buy, sell, or wait on these stocks? Here's the bottom line: QuantumScape (QS) is a strong EV battery play with major upside, but its RSI signals that it might cool off short-term. Opendoor (OPEN) is seeing aggressive buying, but RSI and YTD returns suggest it's due for a pause or pullback. Cogent Biosciences (COGT) has solid fundamentals and momentum, but again, RSI near 91 could bring volatility. Short-term traders should prepare for volatility, while long-term investors might want to wait for better entry points. As always, use multiple indicators, not just RSI, before making decisions. For comparison, broader indexes are also showing strength: The SPDR S&P 500 ETF (SPY) was down 0.27% in premarket at $629.30, while the Invesco QQQ ETF (QQQ) rose 0.30% to $562.96, according to Benzinga Pro. FAQs: Q1: Why is QuantumScape stock considered overbought now? QuantumScape's RSI is over 90, which usually signals the stock is overbought and may pull back soon. Q2: Is Opendoor a good buy after its huge price jump? Opendoor's high RSI suggests caution, as such rapid gains often lead to short-term corrections.
Daily Record
3 days ago
- Business
- Daily Record
Anne Hegerty reveals pay details for ITV's The Chase with Mark Labbett
The Chase star Anne Hegerty, also known as The Governess, has opened up about how much the popular chasers are paid and why she doesn't want a new one to join the team. Anne Hegerty has shed light on the payment structure for the Chasers on the hit quiz show, explaining that there's no fixed salary involved and their earnings are not guaranteed. Speaking to the Mirror at the TV Choice Awards last week, Anne, who boasts an estimated net worth of £3.2 million, shared that she and her fellow Chasers aren't too keen on the idea of a new addition to their group in the near future. The reason being that they're paid per episode, which means a new Chaser would mean the existing budget would have to be spread even thinner. The I'm A Celebrity star went into detail: "We are paid per show, so we're not on a salary. It's not as if they're going to up the budget and add a new salary, a new chaser would just mean the same number of shows shared between more people - so less money for everyone. So, hope not!" Despite the risk of decreased income with the arrival of a new Chaser, Anne expressed no ill feelings towards Darragh Ennis, who joined the team in 2020, ten years after Anne first appeared. "You know, Darragh has been a very good new addition, he's very popular, and that's worthwhile," she said. Anne also opened up about her off-screen camaraderie with her fellow quizzing giants. Despite their competitive nature during the show, Anne confirmed that they get along well behind the scenes, reports Bristol Live. She added: "We know each other, and certainly on Beat the Chasers we tend to hang out a lot, because we're all there at the same time," revealing the friendly dynamics among the cast. Despite not earning a regular wage from her appearances on The Chase, the financial triumph of her company, Frosty Knickers Ltd, is evident, with reports in August 2023 revealing a hefty £807,000 sitting in the bank. Yet Anne is not one to frivolously spend her earnings. In a discussion about her expenditure habits last year, she quipped: "I'm half Scottish. We don't spend money and, being a fat person, I can only buy from certain places." She added humorously. "I like my money sitting in my bank and representing a bit of security. I don't see the point in sloshing money around. I'm not frugal, I'd actually say I'm mean." Before finding fame on television, Anne faced challenging times as a journalist, recounting how she was "getting more and more swamped by admin and losing more work". Nevertheless, this thrifty individual does indulge in some luxuries, opting for first class and business flights, and allowing herself the pleasures of 'Club Med' during her travels.
Edinburgh Live
07-07-2025
- Entertainment
- Edinburgh Live
The Chase's best quizzer of all time named
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Since its premiere on ITV in 2009, The Chase has become one of the most beloved quiz shows in the annals of British television. Presented by Bradley Walsh, this fast-paced game sees eager contestants trying to outwit 'The Chaser' in a bid to secure a cash prize. Currently, there are six official Chasers on the programme: Mark Labbett, Shaun Wallace, Anne Hegerty, Paul Sinha, Jenny Ryan and Darragh Ennis. Each Chaser has their own moniker on the show and have become familiar faces in homes across the country, thanks to the success of the show and their appearances on the ITV spin-off, Beat the Chasers. But who is the top Chaser of them all? New research conducted by Betway has looked at factors such as accuracy, win rate, and highest target caught to determine the ultimate Chaser. Viewers might be taken aback to learn that when it comes to financial success, Paul Sinha takes the crown, reports the Daily Record. (Image: ITV) Paul 'The Sinnerman' Sinha boasts a 78 per cent win rate over his 436 appearances on The Chase. The quiz whizz's average target to beat stands at 19 and he holds the record for the highest average Chaser win total, raking in £14,651, making him the most financially successful chaser on the show. Meanwhile, Mark Labbett, also known as 'The Beast', has a 76 per cent win rate over 475 episodes since he first appeared on the show in 2009. Mark, the original Chaser of the show, holds the record for the highest average target to beat, at 20, and the highest accuracy in the final chase, answering 83% of questions correctly. On the other hand, Anne Hegerty, known as 'The Governess', is ranked as the top Chaser on television. With 467 appearances and a win rate of 79% - the joint highest of any Chaser - it's no surprise she's viewed as the most formidable opponent. In the final chase, Anne averages 13 correct answers within the 60-second timeframe, with an average target of 19, the second highest among her colleagues. Who is the most successful chaser on The Chase? Here are the data comparisons between Chasers Anne, Mark and Paul: Anne Hegerty - 467 appearances - 85 per cent accuracy - 79 per cent Chaser win rate - win total £12,815 Mark Labbett - 475 appearances - 83 per cent accuracy - 76 per cent Chaser win rate - win total £13,844 Paul Sinha - 436 appearances - 84 per cent accuracy - 78 per cent Chaser win rate - win total £14,651 The latest newcomer to the ITV programme is Darragh 'The Menace' Ennis who joined the show in November 2020. The Irish neuroscientist has made a strong start after 81 appearances, with a 78 per cent win rate and a highest final chase target of 23. Episodes of The Chase are available to watch on ITVX
Daily Mail
03-07-2025
- Entertainment
- Daily Mail
I was on The Chase - here's the truth about Bradley Walsh 'stitching up' ITV contestants by slowing down the questions
A contestant on The Chase has revealed the truth behind Bradley Walsh 'stitching up' contestants by slowing down the questions on the ITV show. The programme, hosted by Bradley, 65, has been on our screens since 2009. It follows a group of contestants take on one of the Chasers in a bid to win a cash prize. ITV's synopsis reads: 'A quiz with a difference. Four contestants must pit their wits against the Chaser, a ruthless quiz genius determined to stop them winning the cash prize.' The players show their knowledge as they go up against Mark Labbett, Shaun Wallace, Anne Hegerty, Paul Sinha, Jenny Ryan and Darragh Ennis. Over the years there have been 2,550 episodes across 18 series and fans have shared their frustration over the way Bradley reads out the questions to the Chaser. The programme, hosted by Bradley, 65, has been on our screens since 2009 and follows a group of contestants take on one of the Chasers in a bid to win a cash prize One asked on Reddit: 'Why is Bradley allowed to read the questions so much more quickly for the chaser? It seems so unfair. It gives the chaser a big advantage.' And a former player on the quiz show replied to the comment reassuring them that 'everything is fair'. They said: 'There's a whole host of questions that, if you're an experienced quizzer, you can guess before the question is completed. 'That is the main advantage that Chasers have. 'I've been on the show. They are very diligent on fairness. 'They even have an independent adjudicator on set to watch that everything is fair.' They added: 'We had to reshoot part of our final chase after the adjudicator said an answer that Brad said was wrong, should have been accepted. 'We didn't challenge it, the adjudicator did. 'It was very clear to us that they wanted to be clear in how they did everything.' And another took to the forum to give their views on what happens on the show. They added: 'This doesn't happen. One of the biggest myths about the show. 'There are independent adjudicators to ensure the game is played as fairly as possible, otherwise they'd get in incredibly hot water with the regulator.' It comes shortly after fans raged after Bradley accepted an 'incorrect' answer from Jenny Ryan during the most recent instalment of the ITV show. Monday's episode saw Nick, 65, Laura, 41, Aiden, 22, and Vivienne, 59, take on Jenny, 43, AKA The Vixen in a bid to win some cash. Despite their best efforts, only Laura and Nick made it through to the final round with £3k. But one answer that Jenny put forward to host Bradley certainly ruffled a few feathers to those watching at home. Bradley asked: 'What colour indicates semi-skimmed milk on bottles?' After pondering about her answer, Jenny said: 'Red and silver.' Bradley replied: 'I'll accept.' Many watching rushed to X, formerly known as Twitter, to share their anger - pointing out that it wasn't 'correct'.
Edinburgh Live
18-06-2025
- Entertainment
- Edinburgh Live
ITV The Chase's Anne Hegerty admits she 'hopes' no more co-stars join show
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info The Chase star Anne Hegerty, also known as The Governess, has revealed the show's unique payment structure and explained why she doesn't want any more Chasers joining her. Despite having an estimated net worth of £3.2 million thanks to the show's popularity, Anne stated that the Chasers do not have a fixed salary and instead get paid per episode. At the TV Choice Awards, Anne explained why the Chasers might not welcome a new team member. When asked about the possibility of a new Chaser, she replied: "Well we do always hope not." The I'm a Celebrity star further explained: "We are paid per show, so we're not on a salary. "It's not as if they're going to up the budget and add a new salary, a new Chaser would just mean the same number of shows shared between more people - so less money for everyone. So, hope not!" Although a new Chaser would mean less money for the existing ones, Anne mentioned she doesn't hold a grudge against Darragh Ennis, also known as The Menace, who joined the show in 2020. Anne stated: "You know, Darragh has been a very good new addition, he's very popular, and that's worthwhile." (Image: ITV/REX/Shutterstock) She also mentioned that despite their competitive nature on the show, the Chasers get along well, reports the Daily Record. "We know each other, and certainly on Beat the Chasers we tend to hang out a lot, because we're all there at the same time," she shared. Anne remarked to the Mirror last November about her surprisingly thrifty nature, explaining: "I'm half Scottish. We don't spend money and, being a fat person, I can only buy from certain places. "I like my money sitting in my bank and representing a bit of security. I don't see the point in sloshing money around. I'm not frugal, I'd actually say I'm mean." (Image: ITV) Despite her ample fortune, Anne is no stranger to cutting corners, sharing tales of days when she depended on benefits while carving out a career as a journalist prior to her fame on The Chase. Even though cutting back is her norm, Anne enjoys her fair share of splurges, shuttling between abodes in Manchester and Watford to stay close to her television commitments. She also flies in the lap of luxury via first class or business for travel, and not shying away from 'Club Med' holidays to serve her quiz-travelling agendas. The Chase Celebrity Special will air this Saturday at 7pm on ITV1 and ITVX.
