Europe faces a systemic jet-fuel shortage in three weeks’ time if the Strait of Hormuz remains restricted until then, a regional airport trade association warns. A fuel crunch would trigger severe disruptions to airports and airlines, significantly hurting the continent’s economy, ACI Europe wrote in a letter Thursday to two European Union commissioners. “If the passage through the Strait of Hormu...
Europe faces a systemic jet-fuel shortage in three weeks’ time if the Strait of Hormuz remains restricted until then, a regional airport trade association warns. A fuel crunch would trigger severe disruptions to airports and airlines, significantly hurting the continent’s economy, ACI Europe wrote in a letter Thursday to two European Union commissioners. “If the passage through the Strait of Hormuz does not resume in any significant and stable way within the next 3 weeks, systemic jet fuel shortage is set to become a reality for the EU,” the group said in the letter obtained by Bloomberg News. The Iran war is slamming the global aviation industry through higher oil prices, closed airspaces and restricted flight routes. Many airlines have responded by raising fuel surcharge fees and adding levies on baggage. Read More: Here’s How the Iran War Has Started to Reshape Global Aviation The closing of the Strait of Hormuz during the conflict put pressure on oil markets, pushing prices above $100 a barrel. While the recent ceasefire between the US and Iran is positive news, jet fuel and ticket prices will remain elevated for some time, Willie Walsh , director general of the International Air Transport Association , said earlier this week. The concerns are growing around jet-fuel supplies because airlines are entering the peak summer travel season, ACI Europe warned EU Energy and Housing Commissioner Dan Jorgensen and EU Transport Commissioner Apostolos Tzitzikostas . In recent days, seven Italian airports restricted access to jet fuel because of shortages. Other nations, including China, have taken measures to safeguard local supplies. ACI Europe called on the bloc to monitor and assess production and availability during the next six months. “This crisis has exposed the reduced refining capacity of the EU for jet fuel production, and its acute dependence on imports from other world regions,” the group said.
A new video generation model quietly unveiled by Chinese tech giant Alibaba Group Holding has overtaken Seedance 2.0, ByteDance’s most advanced model, as the world’s top-ranked artificial intelligence video tool based on an evaluation by a benchmark site, offering a glimpse into the AI talent race as the market heats up. The HappyHorse 1.0 model, which was still under internal beta testing, was de...
A new video generation model quietly unveiled by Chinese tech giant Alibaba Group Holding has overtaken Seedance 2.0, ByteDance’s most advanced model, as the world’s top-ranked artificial intelligence video tool based on an evaluation by a benchmark site, offering a glimpse into the AI talent race as the market heats up. The HappyHorse 1.0 model, which was still under internal beta testing, was developed by the Innovation Business Unit under the e-commerce giant’s newly formed Alibaba Token Hub...
PM Images/DigitalVision via Getty Images I have been investing in and writing about income-producing assets for a long time now. I have an entire segment of the portfolio structured around generating cash flow from equities. I spend quite a bit of time tracking and analyzing my income producing assets and I believe that the current market environment is an attractive entry point for long-term inve...
PM Images/DigitalVision via Getty Images I have been investing in and writing about income-producing assets for a long time now. I have an entire segment of the portfolio structured around generating cash flow from equities. I spend quite a bit of time tracking and analyzing my income producing assets and I believe that the current market environment is an attractive entry point for long-term investors into income producing assets. The big thing about covered call strategy ETFs that people trend to glance over is that they are not conservative vehicles for people afraid of stocks just because they have a large distribution yield. They are structured to pay out a large amount of income for capping some of your upside during periods when nobody knows what is coming next. I believe that the Goldman Sachs Nasdaq-100 Premium Income ETF ( GPIQ ) is built for this exact moment. The Iranian conflict has caused the flow of roughly 20% of global oil supply to become constricted as the Strait of Hormuz has become the most important global choke point. We're headed into the heart of Q1 2026 earnings with big banks setting the stage for big tech later in the month. The market is going to demand proof that Big Tech AI spending is translating into real revenue causing uncertainty which could translate to increased options premiums. GPIQ is paying a distribution of $5.33 which is a yield of roughly 10.42% at a time when GPIQ is only down -2.7% for the year. I think that GPIQ will continue to generate low double digit or high single digit yields while returning positive appreciation throughout the year. Seeking Alpha Following up on my previous article about GPIQ Back in November I had written an article on GPIQ ( can be read here ) and since then the total return is 2.82% due to the large distribution compared to the S"&P 500 gaining 1.69%. I felt that GPIQ offered a compelling blend of capital appreciation and double-digit yield as the dynamic covered call strategy left the upside...
BOCA RATON, FL / ACCESS Newswire / April 10, 2026 / Major changes to Google's search and advertising platforms are forcing businesses across the country to rethink their entire digital marketing strategy. With the rollout of new AI-driven search features, ...
BOCA RATON, FL / ACCESS Newswire / April 10, 2026 / Major changes to Google's search and advertising platforms are forcing businesses across the country to rethink their entire digital marketing strategy. With the rollout of new AI-driven search features, ...
delihayat/iStock via Getty Images Co-authored with Beyond Saving Kids are spoiled these days. They get to pull out their phones and have access to pretty much any music they want. They don't get to know the joy of sitting there listening to the radio, pushing "record" when your favorite song comes on – meticulously making the perfect mixtape so that you could just put it in and listen to the same ...
delihayat/iStock via Getty Images Co-authored with Beyond Saving Kids are spoiled these days. They get to pull out their phones and have access to pretty much any music they want. They don't get to know the joy of sitting there listening to the radio, pushing "record" when your favorite song comes on – meticulously making the perfect mixtape so that you could just put it in and listen to the same few songs over and over again. At least until the cassette got old and the tape would get chewed up and caught up. Those who don't learn from history are doomed to repeat it, and this world is being repeated like it's an overused mixtape. Today, I want to take a look at the history of interest rates and why the market ignoring history is creating a fantastic buying opportunity for Virtus InfraCap U.S. Preferred Stock ETF ( PFFA ), an ETF that is yielding ~10%! Interest Rates & Oil Long-term interest rates have gone up as some in the market are operating under the theory that high oil prices will drive inflation higher. This has the Fed Futures market projecting a 70% probability that the Fed keeps the target rate the same throughout the year. The balance is split between a cut or an increase. Once again, investors need to get a history book. High oil prices do not cause sustainable core inflation. The Fed doesn't look at CPI (Consumer Price Index), or PCE (Personal Consumption Expenditures) – they look at core inflation. This excludes the items that are most quickly and directly impacted by oil prices. Yes, oil has a slower and less direct impact by increasing input prices for many products. But much of that impact is absorbed by companies, reducing their profit margins. It isn't necessarily passed along to consumers. Companies can't just raise prices and expect to sell the same amount of goods. If they could, then they'd raise prices because more profit is better. When prices are increased, a certain portion of consumers change their behavior and stop buying – some from ch...
hapabapa/iStock Editorial via Getty Images Over the past week, the S&P 500 has made an astonishing recovery as markets bet on a near-term resolution of the conflict on Iran. The market is now about flat for the year, but for software stocks, the bear market remains in full force as "SaaSpocalypse" fears have wiped billions off their market caps. Intuit ( INTU ), the parent company behind TurboTax ...
hapabapa/iStock Editorial via Getty Images Over the past week, the S&P 500 has made an astonishing recovery as markets bet on a near-term resolution of the conflict on Iran. The market is now about flat for the year, but for software stocks, the bear market remains in full force as "SaaSpocalypse" fears have wiped billions off their market caps. Intuit ( INTU ), the parent company behind TurboTax and QuickBooks, has been one of the most harshly impacted large-cap names. Since the start of the year, Intuit stock has lost more than 40% of its value. Relative to highs above $770 notched last summer, the stock has lost more than half of its value. The question for investors now is: when does the pain end? Data by YCharts In my view, the best trait that an investor can have in a volatile stock market is a ready willingness to change our minds. I have not sung the same tune on Intuit; my opinion has swung as its valuations and fundamentals have shifted. I was bearish on the stock for most of 2025 as Intuit traded in the ~$700s; I last wrote a more balanced neutral take on the stock earlier this year in January as it was first breaking through the $600s. In taking a fresh look at Intuit in the mid-$300s, I'm upgrading my rating on the company to buy. While it would be a stretch to say that Intuit is risk-free, I now think that the company's merits outweigh its risks, especially at a lower valuation. To me, the core drivers of the bull case for Intuit are as follows: Diversified revenue streams. Intuit has successfully diversified its monetization across several core products, including QuickBooks, TurboTax, and Credit Karma. Revenue from businesses now represents nearly 60% of overall revenue, shielding the company from the more volatile consumer tax season. Rule of 50 growth/profitability balance. In the race to dump software stocks amid SaaSpocalypse fears, the market in 2026 has almost been ignoring the fundamentals of the decliners. Intuit stands well above most softwa...
N Rotteveel/iStock Editorial via Getty Images Rising bets on higher April highs for Bitcoin ( BTC-USD ) were showing up on prediction platform Kalshi , with traders increasingly positioning for a move toward the upper end of the recent range. Bitcoin ( BTC-USD ) kickstarted the new quarter with a renewed sense of optimism, ending a grueling five-month losing streak that was the asset’s longest sin...
N Rotteveel/iStock Editorial via Getty Images Rising bets on higher April highs for Bitcoin ( BTC-USD ) were showing up on prediction platform Kalshi , with traders increasingly positioning for a move toward the upper end of the recent range. Bitcoin ( BTC-USD ) kickstarted the new quarter with a renewed sense of optimism, ending a grueling five-month losing streak that was the asset’s longest since 2018. The world's largest digital currency has had a topsy-turvy start to the year due to a broader risk-off phase. It had fallen as low as $60K in February. Kalshi data indicates a 63% probability that Bitcoin trades above $75K in April, up 9 percentage points. Odds of a move above $77.5K stand at 41%, a sharp increase of 33 points, suggesting growing momentum in bullish positioning. Beyond that, probabilities taper off. The market assigns a 22% chance of Bitcoin exceeding $80K, while the likelihood falls to 14% for a move above $82.5K. More aggressive upside targets remain unlikely, with just a 7% probability of crossing $85K and 4% for $87.5K. The distribution points to a market that sees moderate upside as plausible but remains cautious on a breakout to new highs within the month. The steep drop-off beyond $80,000 suggests traders view that level as a key hurdle in the near term. At the time of writing, Bitcoin was up 0.4% to $72K. More on Bitcoin Crypto ETFs: 2026 Reveals Key Crypto Trends Bitcoin And Ethereum Outlook: Has Crypto Had Enough For A Rally? Market Brief: BTC Miners Sell Billions To Pivot To AI As DATs Absorb The Supply Bitcoin business: Are Iran and the U.S. in agreement on cryptocurrency? What is Core PCE at 3% really saying—can crypto & stocks pick a side?