Jim Cramer examines Luckin Coffee, the latest Chinese company to hit the tape.
Video game stocks have been plagued by new competition that has changed the nature of the industry.saw its market share take a hit, even after the launch of its popular Red Dead Redemption 2 in October.
CEO Strauss Zelnick told Cramer that the video game holding company has unlocked a new engine of growth in recurring consumer spending, which now makes up 40% of business. "That will continue to grow because consumers now are engaged over the course of the year, not just at the time you have one big release," he said.Democratic U.S. presidential candidate and former Vice President Joe Biden addresses a campaign rally in Cedar Rapids, Iowa, April 30, 2019.The former vice president emerged last month as the front runner to be the Democratic Party's 2020 presidential nominee, Cramer said. A veteran U.S.
"Unlike Bernie Sanders or Elizabeth Warren or Kamala Harris, Biden's against 'Medicare for All,'" the host said.
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