Jim Cramer: Yahoo! is an Alibaba Story

Yahoo! (YHOO) is an Alibaba story now, and Alibaba (BABA) - Get Report seems to be doing okay, says TheStreet's Jim Cramer. Yahoo cancelled its regular earnings call and webcast that was expected to follow the release of its third-quarter earnings report on Tuesday. Yahoo said Friday that the decision was made due to "the pending transaction with Verizon." The web giant traditionally offers shareholders, analysts and journalists a period to ask questions after it releases its quarterly report. In July, Verizon offered to acquire the company for $4.8 billion.