It's been a monster year for Nvidia NVDA. The pioneering chipmaker has become the hottest stock in a hot tech market driven by the rapid adoption of Artificial Intelligence (AI) technology. Nvidia is up roughly 230% since this time last year, while the S&P 500 gained about 26%. It's not just Nvidia that's seen huge gains. The semiconductor industry as a whole has benefited from AI hype. The technology requires massive amounts of data processing and advanced computing that is continuing to push the bounds of what is possible Marvell Technology MRVL, another chipmaker, has seen a boost this year, rising about 73%, but the gains have fallen short of Nvidia. Why? Nvidia, which began as a gaming-focused company, primarily develops Graphical Processing Units (GPUs). These GPUs are at the heart of what makes Large Language Models (LLMs) like ChatGPT work. Nvidia was poised to capture this market immediately Earlier today, Marvell hosted its Accelerated Infrastructure for the AI Era Event in New York City. The event featured presentations and a Q&A session with the senior leadership team, including CEO, Matthew Murphy

In the wake of a significant downturn in the cryptocurrency market on Friday, Billy Markus, the co-founder of Dogecoin DOGE/USD, shared an unusual statement on X, formerly known as Twitter, about the meme currency. On a day marked by widespread losses across major cryptocurrencies, including Bitcoin BTC/USD, Ethereum ETH/USD, and Dogecoin itself, Markus’ playful commentary stood out amidst the sea of red Following a sharp decline, Dogecoin plummeted by over 19%. Markus shared a sarcastic tweet that garnered supportive reactions from the DOGE community on Friday, "Oh no, everything died; we are dead."  Responding to his post on X, one of his followers shared a chart of the S&P 500 and said, "It's so over." Markus replied, saying, "We will never recover." Also Read: This Analyst Says Dogecoin Could Rally Further Following An Elon Musk-Induced Rally — But There's A Catch 

Major cryptocurrencies dropped on Friday, with $877.8 million liquidations in the crypto derivatives market. What Happened: Cryptocurrency markets were weighed down by risk-off sentiment in traditional markets amid heightened geopolitical risks. U.S. stock markets dropped on fears of a broadening conflict in the Middle East, after U.S. authorities indicated that Iran could prepare to launch a significant attack on Israel The global cryptocurrency market cap now stands at $2.53 trillion, down 3.35% in the past 24 hours Over $877.8 million in total positions have been liquidated, with $841.6 million alone wiped out in the past 12 hours. Long positions accounted for $782.5 million in the past 14 hours Top Losers (24 Hour)

Millions of Americans are living on the periphery of society. More than 1 in 10 Americans have no checking or savings account or, in other words, are unbanked. In 2023, 13% of Americans were defined as underbanked, meaning that they had some type of bank account but regularly used alternative financial services. Unsurprisingly, this phenomenon is affecting young people disproportionately with over half of the underbanked being millennials. For a generation that is constantly in the headlines for not being able to afford houses, struggling in the job market and generally fighting to make ends meet, this is a huge area of concern and an opportunity for some companies. Being unbanked or underbanked presents major challenges for individuals, as it limits their ability to securely store and manage their money, access credit and receive payments efficiently. Without a bank account, individuals often have to rely on alternative financial services with high fees and interest rates, making it difficult to save or invest in their future. Unbanked or underbanked individuals subsequently turn to their communities for support in lieu of traditional banking institutions. Bodegas and neighborhood convenience stores have historically been on the frontlines of these struggles because of their access to these communities and the ability of small businesses to provide alternative support OLB Group OLB is leveraging local communities and bodegas to extend support to unbanked and underserved communities. With a digital commerce platform known as Point of Banking (POB), the company is catering to the needs of over 10,200 merchants across the country. The POB platform is gaining recognition as a potential disruptor in the fintech sector by specializing in serving the unique requirements of the underbanked population At the heart of POB’s mission is the commitment to transforming financial services for bodegas and other small-scale businesses, particularly benefiting the unbanked and underbanked communities. By offering a comprehensive array of products and services, POB aims to bridge the gap between traditional cash-only operations and the digital financial landscape, empowering local businesses to provide diverse financial services to their customers. The company already has in place a working relationship with approximately 2,000 bodegas throughout the country and that network continues to expand The company has also acquired other companies to help advance its mission. In June 2023, OLB acquired a controlling interest in black011.com, which encompasses Black Wireless and Mango Mobile. This strategic acquisition enabled the company to offer a Point of Sales (POS) system to customers so they can purchase products and seamlessly reload mobile phone minutes without needing a bank account or credit card