Investors hoping artificial intelligence will be a big driver of returns this decade may not yet have picked up that AI isn’t really about machines becoming smarter than humans, or robots stealing jobs.

With the Federal Reserve set to begin cutting interest rates this week, analysts believe tech stocks could get a big boost.

Technology stocks weighed on the S&P 500 and the Nasdaq on Monday as caution set in ahead of the Federal Reserve's pivotal monetary policy decision, due later in the week, with a majority of traders pricing in a steep reduction in borrowing costs.

Wall Street was mixed early Monday as optimism over a potentially big rate cut from the Federal Reserve this week boosted most sectors, with the exception of technology stocks. Futures for the S&P 500 were unchanged before the bell,