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Thornton McEnery

Thornton McEnery

Reporter at MarketWatch

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Influence score
73
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Location
United States
Languages
  • English
Covering topics
  • Finance & Banking Services

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Recent Articles

marketwatch.com

Wednesday’s hottest meme stock? Well, it’s not AMC.

AMC got all the attention on a wild day for meme stocks on Wall Street, but it was Bed, Bath & Beyond that saw the biggest gain in one key category for this...
marketwatch.com

A new short squeeze in GameStop and AMC? One social-media sentiment...

GameStop and AMC overcame rocky starts to the trading day as comments on social media surged and retail traders mused once again about “squeeze”s on both...
nypost.com

David Solomon’s lavish lifestyle irks Goldman Sachs underlings

Goldman Sachs’ CEO has a private-jet habit — and critics say it’s flying in the face of his harsh words for staffers who work from home. David Solomon — who spins records at…
nypost.com

UK hedge fund tycoon Crispin Odey found not guilty of sexual assault

Things are looking up for Crispin Odey. A UK court on Thursday found the controversial British hedge fund mogul — a personal friend of Prime Minister Boris Johnson who famously advocated for …
nypost.com

Reddit’s ‘meme stock’ crowd is launching a Super PAC

The WallStreetBets crowd is angling to get into the political game. A pair of part-time stock traders has launched a Super PAC to “amplify the voice of the retail investor” as the…
nypost.com

Hedge funds hit hard by Reddit Rally bounced back in February

Some of the hedge funds hardest hit by January’s populist short squeeze have already begun recovering from the pain inflicted by retail traders looking to topple Wall Street, The Post has learned. …
nypost.com

Mark Cuban says he will sell Dallas Mavericks tickets for Dogecoin

Mark Cuban is wagging the Dogecoin. After saying last month that the joke cryptocurrency “has no intrinsic value,” the billionaire owner of the Dallas Mavericks said Thursday he has decided to acce…
nypost.com

Robinhood exec wants users to stop worrying about its business model

Beleaguered no-fee trading app Robinhood is now turning to its chief operating officer to help quell backlash over its response to the “Reddit rally” in January. In a Thursday blog post…
nypost.com

Dow adds 600 points as bond jitters ease, vaccinations rise

March is coming in like a lion on Wall Street. The Dow surged more than 600 points on Monday and the S&P 500 had its best day since June as last week’s jitters over the bond market cooled…
nypost.com

Billionaire Bill Ackman tells investors to follow him on Twitter

Billionaire Bill Ackman appears to be taking a page from Elon Musk with plans to start announcing market-moving news on Twitter. The billionaire investor’s blank check company, Pershing Squar…
nypost.com

Nevada Gov. Steve Sisolak wants to build crypto-run private cities ...

Nevada, the state of legalized gambling, prostitution and marijuana, is about to add another layer to its Wild West reputation: Desert cities formed by companies and run entirely on blockchain tech…
nypost.com

Fed blames ‘operational error’ that crashed Fedwire, other key systems

The Federal Reserve said it is restoring services that were thrown offline Wednesday by an “operational error” that spurred outages in a dozen areas, including check clearing and Fedwire, which han…
nypost.com

GameStop soars 100 percent as Reddit’s WallStreetBets board crashes

The mother of all meme stocks is acting up again. Shares in GameStop skyrocketed 103.9 percent on Wednesday, with almost all of that action bubbling up in the final hour of trading. The bizarre ral…
nypost.com

Markets pop as Fed chair Jerome Powell commits to keeping interest ...

Federal Reserve Chairman Jerome Powell reiterated plans to keep interest rates close to zero and asset purchases humming along despite signs that the US economy is beginning to recover from the pan…
nypost.com

Michael Bolton invites Robinhood users to break up with their app

A rival to Robinhood is encouraging users to dump the stock-trading app in favor of its own — and it’s tapping Michael Bolton to seal the deal. Public — a New York-based startup that…
nypost.com

‘Roaring Kitty’ doubles down on GameStop shares, stock pops

The kitty is still roaring, so GameStop is soaring. Shares in the video game retailer shot up as much as 20 percent on Monday after social media influencer Keith Gill — who goes by the name o…
nypost.com

Ken Griffin blasts ‘insane conspiracy theory’ that he helped tank ‘...

Ken Griffin brushed off accusations that his massive hedge fund Citadel Investments had a hand in spoiling the “Reddit Rally,” calling it an “insane conspiracy theory.” Fres…
nypost.com

‘Roaring Kitty’ Keith Gill defends his GameStop posts amid lawsuit

A star Reddit trader known as “Roaring Kitty” plans to defend his bullish GameStop calls in front Congress one day after being slapped with a lawsuit for his role in the trading frenzy. The trader,…
nypost.com

Feds reportedly OK Wells Fargo overhaul plan

Wells Fargo could be getting out of the Federal Reserve’s naughty corner, and the megabank’s much-maligned stock is taking a rare move upwards on the news. According to a Wednesday report from Bloo…
nypost.com

Goldman Sachs launches robo-adviser for investors afraid of Robinhood

Goldman Sachs has jumped into the red-hot retail investor market — but don’t expect it to recommend stock tips that you’ve found on Reddit. The megabank unveiled a new robo-adviser tool…
nypost.com

The top 15 hedge fund managers made $23B in 2020

The year 2020 was one to forget, unless you were a billionaire hedge fund manager. In the midst of record unemployment, spiraling coronavirus deaths and widespread social and political unrest, the …