#MarketVolatility #AIStocks #StockEarnings Plus, what to watch in the US stock market this week. In this episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss what the oil futures chain is telling investors today and the impact an extended conflict could have on the consumer, the economy, and Fed policy. They also cover what to watch for from this week’s Fed meeting and why to watch Micron Technology’s earnings. They unpack new research from Morningstar about AI disruption and economic moats and walk through economic moat downgrades on Adobe ADBE, Salesforce CRM, and ServiceNow NOW. Tune in to find out why Microsoft’s economic moat looks AI resilient and which two companies’ competitive advantages should be strengthened by AI. They discuss Oracle’s ORCL pop after earnings, some things that stood out from earnings season, and whether Campbell’s CPB is a buy after reporting. This week’s stock picks are all companies whose wide moat ratings look solid in the face of AI disruption and whose stocks are undervalued. Episode Highlights 00:00:00 Welcome 00:03:34 What impact the Iran War may have on the consumer, the economy, and Fed policy this year. 00:08:22 Why to watch Micron Technology’s MU earnings this week. 00:14:08 3 big companies that’ll be disrupted by AI—and why Microsoft MSFT isn’t one of them. 00:21:58 Takeaways from earnings season. 00:34:11 Stock picks: 5 AI-resilient companies whose stocks look undervalued. Read about topics from this episode. What AI Means for Software Companies’ Moats https://www.morningstar.com/markets/what-ai-means-software-companies-moats US Stock Market Outlook: Where We See Investing Opportunities in March https://www.morningstar.com/markets/us-stock-market-outlook-where-we-see-investing-opportunities-march Read Dave’s complete archive. https://www.morningstar.com/people/david-sekera Got a question for Dave? Send it to themorningfilter@morningstar.com. Follow us on social media. Dave Sekera on X: @MstarMarkets https://x.com/MstarMarkets Dave Sekera on LinkedIn: https://www.linkedin.com/in/davesekera Facebook: https://www.facebook.com/MorningstarInc/ X: https://x.com/MorningstarInc Instagram: https://www.instagram.com/morningstarinc/?hl=en LinkedIn: https://www.linkedin.com/company/morningstar/posts/?feedView=all Viewers who’d like more information about any of the stocks Dave talked about today can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. We’ll see you on Monday!