double quotes vs single quote

Single quote ' and double " quotes are used to wrap strings. There is no real difference between them except that JSON doesn't accept the single quote.
Other than that, here is the list of advantages and disadvantages:
const div = '<div class="message">Hello</div>';

Good practice

Choose and stick with one of single or double quotes. Using the same coding convention is very important, especially when you are working within a team.
Here is a list of preferences by different teams. They enfore the team using the same convention by using the ESLint rules.
Single quote
// ESLint rule
quotes: [ERROR, 'single', {...}],
Double quotes
// ESLint rule
"@typescript-eslint/quotes": ["error", "double", { ... }],

Tip

You can use the template literal syntax in ES6 to get rid of escaping quote. For example:
// Instead of
const message = 'It\\'s a message';
// We can do this which is more convenient
const message = `It\'s a message`;