The Morning Filter

They unpack market moves tied to the Iran conflict and what oil futures are signaling. They review shifting bond and private credit stress around the globe. Big tech earnings and fair value shifts take center stage with Micron and Nvidia updates. The conversation closes with four well known consumer brands singled out as attractive stock ideas.

Eric Compton, Director of Equity Research for Technology at Morningstar, explains which tech sectors can weather AI-driven sell-offs. He discusses moat reassessments across 132 firms. Cybersecurity, design software, and financial-data firms emerge as resilient areas. The conversation highlights where to look for durable advantages and potential value after AI panic.

Malik Ahmed Khan, a Morningstar senior equity analyst who covers cybersecurity, breaks down which cyber segments are growing fastest and why platform vendors may consolidate the market. He discusses AI’s dual-use effects, how moats form through switching costs and data advantages, and highlights three cyber stocks he finds most attractive today.

They parse oil futures to show how a prolonged Iran conflict could push pump prices and inflation. They weigh Fed meeting odds and what Powell might say about oil risks. Micron’s results and the memory cycle get attention. New research on AI’s effect on economic moats and which software firms face downgrades is explored. Five stocks with moats that look AI-resilient are highlighted.

Discussion of market moves from the Iran conflict and how higher oil could shape inflation and Fed decisions. A look at whether defense and oil stocks are still worth buying after big rallies. Reviews of Broadcom, Marvell, CrowdStrike and Okta earnings and valuation shifts. Guidance on when to trim winners and three overpriced names to sell versus three attractive alternatives to buy.

Gregg Warren, Morningstar senior analyst who has long covered Berkshire Hathaway, walks through life after Buffett with sharp, concise analysis. He breaks down what new CEO Greg Abel might prioritize. He previews likely sales like Kraft Heinz and Apple, outlines potential portfolio trims, and explains why dividends remain off the table.

Dave Sekera, Morningstar’s chief U.S. market strategist who provides market commentary and stock analysis. He discusses which earnings and economic reports to watch, whether Nvidia and Salesforce remain attractive, the AMD–Meta partnership, private credit risks revealed by Blue Owl, and five value stocks that still look appealing.

They unpack the Supreme Court tariff ruling and what it could mean for markets. They weigh whether AI fears have been overblown and if Nvidia’s results can revive the AI trade. They flag vulnerable hardware names and debate if Salesforce, Workday or Walmart can bounce back. The show highlights five beaten-down stocks that might be attractive buys before a recovery.

They debate whether last week’s software selloff was overdone and if the AI trade still has legs. They flag upcoming CPI and earnings to watch, including Applied Materials and Zimmer Biomet. They discuss whether Alphabet, Amazon, AMD, or Palantir look attractive after results. They close with four stocks trading at big discounts and why those valuations might not last.

Michael Field, Morningstar’s chief Europe markets strategist, briefly outlines Europe-focused opportunities. He talks market outlook and rising uncertainty despite improving macro data. He highlights attractive countries and sectors, plus value in European small caps. He finishes with three long-term stock picks: SAP, Diageo, and GSK.