Can earnings growth outrun the cost of money? Jeffrey Small says it's getting harder to justify equity investments due to the climb in interest rates, crude oil, and Treasury yields. Meta Platforms (META) earnings and how it will monetize AI is something Jeffrey believes will be a key bellwether in maintaining a strong stock market pulse. Jeffrey remains a bull in Microsoft (MSFT) so long as Azure cloud bolsters the Mag 7 company's cash flow. He expects Nvidia (NVDA) to continue benefitting from the AI buildout, along with Eaton (ETN) as a company that will power those data centers.