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Things got ugly fast in the stock market today, Jim Cramer told his Mad Money viewers Friday, after both PPG (PPG) and Honeywell (HON) issued earnings warnings that sent their shares plunging by 8.2% and 7.5%, respectively. But next week's earnings may be a harbinger for how the rest of the year plays out.

Cramer said there won't be much happening on Monday, when half of the markets are closed for Columbus Day. But earnings start as they always do with Alcoa (AA) on Tuesday, and Cramer said he wants to hear how the company's breakup is progressing. Also on Tuesday is Yum! Brands (YUM) , another breakup story Cramer said he's excited about.

Wednesday brings earnings from CSX (CSX) , the railroad with shares up to $31 from $24 in recent months. Cramer said that run higher may be setting the stock up for a fall.

Then, on Thursday, it's Delta Airlines (DAL) reporting. Cramer said at just seven times earnings, Delta is a steal. He'll also be watching for news from the Ulta Salon (ULTA) analyst meeting.

Friday is banking day, with Citigroup (C) and Wells Fargo (WFC) , both Action Alerts PLUS holdings, along with JPMorgan Chase (JPM) , all reporting. Cramer said Citi is too cheap given its book value, but Wells may be waiting a long time to see a premium valuation. Meanwhile, JPMorgan may suffer a bit as it tries to determine its next move after Brexit.

Two Economies

The market is made up of two economies, Cramer told viewers: one held hostage to global growth and the other only by the ingenuity of its employees.

The old versus new economy tug of war was on display again today, Cramer said, as old economy names Honeywell and PPG offered earnings warnings. These two are best-of-breed companies, Cramer said, so when even they can't keep an ailing economy at bay, investors should take notice.

But out in Silicon Valley there's another economy at work, one that makes the tools and software to allow companies like Honeywell and PPG to make the most of any economic environment. These companies make investing in technology a must-have for everyone, Cramer said, which is why their stocks continue to rise, even as the old economy falters and struggles.

Executive Decision: Brian Moynihan

For his "Executive Decision" segment, Cramer sat down with Brian Moynihan, chairman and CEO at Bank of America (BAC) , the bank with a stock that's up 33% from its lows earlier this year thanks to a strong focus on technology.

Moynihan said banking today has to be state of the art because that's how people do their banking. The smart phone allows Bank of America to be with its customers all the time and throughout their lives no matter where they live or what job they have. Thanks to a seamless nationwide network, Bank of America's technology efforts can move faster than ever.

Even with one of the best mobile banking experiences around, Moynihan said, you still need to have physical branches. But even there, technology makes things like scheduling an appointment better, so everyone wins.

Turning to the topic of security, Moynihan said security remains of the utmost importance, especially since the bank would have to build 700 new branches if customers all stopped using their mobile applications.

When asked about the cross-selling problems at rival Wells Fargo, Moynihan said Bank of America rewards balances, not accounts, and continues to work with regulators to prevent fraudulent accounts.

Finally, turning to the economy at large, Moynihan said that overall, customers are spending less on things and more on experiences, and he's seeing a picking in spending related to housing.

Executive Decision: Shantanu Narayen

In his second "Executive Decision" segment, Cramer sat down with Shantanu Narayen, president and CEO of Adobe Systems (ADBE) , the software and digital media company leading the cloud computing revolution.

Narayen said Adobe processed over 20 trillion digital media transactions last quarter and is using the data it acquired to make the process both actionable and predictable. He said Adobe remains driven by innovation, which allows the rest to take care of itself.

Adobe was also the engine driving the streaming media experience for this year's Olympics, allowing viewers to create personalized channels to see what they want, when they want.

Narayen commented on his company's commitment to students and education. He said students that aren't exposed to digital tools are at a disadvantage and Adobe aims to make its products as accessible as possible for students.

Lightning Round

In the Lightning Round, Cramer was bullish on Rayonier Advanced Materials (RYAM) , MaxLinear (MXL) , Ventas (VTR) and Schlumberger (SLB) .

Cramer was bearish on Health Care REIT (HCN) and Chicago Bridge & Iron (CBI) .

(Red) for Charity

In a special interview, Cramer sat down with Deb Dugan, CEO of the charitable organization, (Red), which has raised over $360 million to fight HIV in Africa.

Dugan said that (Red) has turned philanthropy into a brand, and so far over 70 iconic companies have joined the fight, some providing money, others awareness, skills or courageous leaders. Apple (AAPL) is one such iconic company, which has so far raised $110 million just on its own.

HIV remains a huge problem in Africa and around the globe, Dugan said. Over 35 million people have died from AIDS and 37 million still have the disease. But so far, 17 million people are getting lifesaving drugs thanks to (Red).

What do companies get in return for partnering with (Red)? Dugan said they receive the ultimate return on investment, saving lives.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

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At the time of publication, Cramer's Action Alerts PLUS had a position in AAPL, C, SLB and WFC.