Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
There's a theme in the market that Cramer believes should remain intact, no matter what happens with Washington.
It's the videogame product cycle.
Next month, for the first time in seven years, two major companies are introducing new videogame consoles; Sony is expected to release , and Microsoft is expected to release Xbox One on November 22nd.
"I think these are going to be huge events for the companies involved in the electronic gaming industry, a $13 billion market in the United States alone," Cramer said.
Although there are many winners, Cramer thinks GameStop warrants attention. And it appears the Street does too. Shares of GameStop have almost doubled year to date, partially due to the anticipation of the new product cycle.
But despite the sharp advance, Cramer thinks there could still be room to run.
"GameStop has an entire line of business that didn't exist when the last Xbox and Playstation iterations came out: now they sell digital and mobile games online. The company's mobile revenues were up 121% in the latest quarter, and the total category could be worth a billion dollars to them for 2013," Cramer added.
That should generate tailwinds. But there's more.
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Meanwhile, the forecast issued in August was also bullish.
in the range of $3.00 to $3.20 per share, higher than its previous forecast of $2.90 to $3.15.
Arvind Bhatia, an analyst at Sterne Agee, shares Cramer's bullish view. "; that's a trend that should continue through the third and fourth quarter," he said. "If anything, I think they're being conservative with their guidance."
*Reuters contributed to this report
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