Monday marks the seven-year anniversary of Bitcoin Pizza Day – the moment a programmer named Laszlo Hanyecz spent 10,000 bitcoin on two Papa John's pizzas. Bitcoin (Exchange: BTC=-USS) was trading as high as $2,185.89 in the early hours of Monday morning, hitting a fresh record high, after first powering through the $2,000 barrier over the weekend, according to CoinDesk data. On May 22, 2010, Hanyecz asked a fellow enthusiast on a bitcoin forum to accept 10,000 bitcoin for two Papa John's Pizzas.
When Mike Griffith, a career pilot, learned last year that his company Atlas Air (NASDAQ: AAWW) signed a big contract to fly for Amazon's Prime Air program, he was ecstatic to take part in what he believed to be the future of logistics. Twelve months later, Griffith's excitement has turned to angst. Griffith, 52, is so concerned about his company's ability to hold up its end of the Amazon (NASDAQ: AMZN) deal that he's heading to Seattle for its shareholders meeting on Tuesday.
A month has gone by since the last earnings report for General Electric Company GE. Before we dive into how investors and analysts have reacted of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Despite a challenging macroeconomic environment, sustained restructuring initiatives for a leaner firm with a re-focus on core operations enabled General Electric to report relatively strong first-quarter 2017 results.