Stock Market Week in Review – 7/1 – 7/5

The June jobs report came in slightly higher than expected, but the number wasn’t significant enough to move markets in the holiday-shortened week. For now, investors continue to climb the wall of worry, particularly regarding the leading technology stocks.  Next week may put that bullish sentiment to the test. The latest readings on inflation will…

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Fisker’s fire sale deal comes with a giant asterisk

Sometimes, an incredibly lucrative deal might be too good to be true. On June 18, Manhattan Beach, California-based EV startup Fisker, Inc. filed for Chapter 11 bankruptcy after a turbulent pattern of events that involved various quality control issues, recalls, and a disastrous review from YouTube’s leading tech authority affected the firm’s sole offering; the all-electric Ocean…

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