Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.

Dow Jones Futures: The tech-heavy Nasdaq composite sold off Monday as SpaceX stock plunged. Amazon, Alphabet and Nvidia logged heavy losses.

U.S. and global tech stocks fell, led by AI giants amid valuation and bubble concerns.

Wall Streets AI-driven technology rally faced pressure as investors questioned whether rising infrastructure spending can generate sufficient returns. While hyperscalers such as…