The market is reacting to an earnings avalanche from Boeing (BA - Get Report) , Caterpillar (CAT - Get Report) , AT&T (T - Get Report) and much more. 

Jim Cramer and ActionAlertsPlus.com investing club analyst Zev Fima are back to help you navigate what could come next. 

Boeing Grounds Its Earnings Guidance 

Does Boeing face more turbulence ahead? The Real Money Stock of the Day reported core non-GAAP earnings for the three months ending in March came in at $3.16 per share, and group revenues came in at $22.9 billion. 

The aerospace company also reported it will pause its buyback program and will pull its 2019 guidance due to the suspension of the 737 Max. 

Cramer said the fact that Boeing was up at the time of publication is testament to the fact that investors believe Boeing will get it right in the end. At the end of the day, it's all about safety, Cramer said. "The longer they take, the more confident we will be about their safety," Cramer said. 

Boeing $BA reports Q1 earnings:
- EPS: $3.16
- Revenue: 22.9 billion
- Pauses share repurchase program
- Pulls 2019 guidance due to 737 Max suspension

— TheStreet (@TheStreet) April 24, 2019

Follow @RealMoney and @TheStreet all-day for our latest #StockoftheDay coverage. 

Let the Anadarko Bidding War Begin? 

Occidental Petroleum (OXY - Get Report) announced a $76 cash and share offer for Anadarko Petroleum (APC - Get Report) . The offer marks a 20 percent premium from the deal previously offered by Chevron (CVX - Get Report) . Chevron said earlier this month that it plans to buy Anadarko for $33 billion in cash and stock, offering investors $65 a share. 

Cramer said Anadarko became a target for acquisition because in the oil space, it stood out for its lack of strong management. While Cramer admits to mistakenly getting into Anadarko too early, he said the current rise in shares is testament to the importance of patience. 

What to Watch After the Bell

Cramer breaks down one key metric to watch from Facebook (FB - Get Report) , PayPal (PYPL - Get Report) and Microsoft (MSFT - Get Report) .

The key metric from Facebook? New advertisers. "I think they lost no advertisers and actually picked up advertisers in this period they've been savaged," Cramer said.  

For the latest analysis and commentary on all three names, head over to ActionAlertsPlus.com. 

Editor's Note. Zev Fima, Action Alerts Plus Portfolio Analyst, is filling in for Cramer Live host Katherine Ross.

Related. Jim Cramer: EPS Expectations Are Being Soundly Beaten, and Here's Why
Related. 2 Big Earnings Reports to Watch Tonight: Microsoft and Facebook

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