Michael Sheetz

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• Best Buy, now the 'last man standing,' will benefit from Sears bankruptcy, analyst says

  By: Michael Sheetz

  The downfall of Sears may bring a hearty influx of customers to Best Buy and boost its bottom line, according to Loop Capital. 

• Morgan Stanley slashes Netflix price target before earnings, third firm to do so this week

  By: Michael Sheetz

  Morgan Stanley cut its 12-month forecast for Netflix, citing global trends like the strong dollar and rising interest rates as upping the online streaming service's expenses. 

• Icahn says he's 'taking a look' at bonds of bankrupt Sears

  By: Michael Sheetz

  Carl Icahn said he was looking at bonds of Sears, the classic American retailer that just filed for bankruptcy, but had yet to take a position.

• McDonald's rises after Evercore upgrades the stock, saying it's a good way to ride out a trade war

  By: Michael Sheetz

  Evercore ISI upgrades shares of McDonald's to outperform from in line.

• Netflix price target slashed by Goldman Sachs and Raymond James ahead of earnings Tuesday

  By: Michael Sheetz

  Goldman Sachs and Raymond James slash their 12-month forecasts for Netflix on concern that rising interest rates will eat away at the valuation of the high-flying internet company.

• Yellen says Fed is being 'thoroughly sensible' and not crazy, as Trump says

  By: Michael Sheetz

  Former Federal Reserve Chair Janet Yellen balks at President Trump's growing attacks on the Fed, expressing confidence in her successor, Jay Powell, according to The Wall Street Journal.

• Consumer sentiment falls shy of expectations, but confidence in economic policy is at a 15-year high

  By: Michael Sheetz

  Consumer sentiment in October fell just short of expectations on Friday.

• Tech shares come roaring back in trading Friday, led by Netflix and Amazon

  By: Michael Sheetz

  Technology stocks moved sharply higher Friday, after a two-day slaughter saw the technology-heavy Nasdaq Composite Index fall into a correction.

• Nasdaq dips into correction territory, becoming first major stock benchmark to do so

  By: Michael Sheetz

  The Nasdaq Composite Index on Thursday became the first major U.S. stock market benchmark to dip into a correction, dragged down by losses across all the major technology-related companies.

• Trump says the Federal Reserve caused the stock market correction, but he won't fire Chair Powell

  By: Michael Sheetz, Thomas Franck

  President Donald Trump continued to attack the Federal Reserve on Thursday, saying Chairman Jerome Powell is being too stringent with monetary policy and is making a mistake.