Alibaba stock soars on AI spending plans, strategist talks AI-driven market bubble risks

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures rebounding this morning after the major averages sold off in Tuesday's trade. Despite the modest pullback, stocks are still trading near record highs. The S&P 500 has now gone 107 sessions without a drop of at least 2%.That's its longest stretch since July 2024. Tech stocks bore the brunt of selling on Tuesday, but they are rebounding amid some renewed ...