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SEC's Atkins Says Changes to 401(k) Plans Must Be Reviewed Carefully

SEC's Atkins Says Changes to 401(k) Plans Must Be Reviewed Carefully

Bloomberg2 days ago
US Securities and Exchange Commission Chairman Paul Atkins says the agency will work closely with its counterparts at the Labor Department when considering potential changes to rules for retirement plans.
'We have to do this in a smart way,' Atkins said an interview Friday on Bloomberg Television's Surveillance.
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Perplexity CEO Gives A Key Lesson On Leadership, Competition, And Fear
Perplexity CEO Gives A Key Lesson On Leadership, Competition, And Fear

Forbes

time2 minutes ago

  • Forbes

Perplexity CEO Gives A Key Lesson On Leadership, Competition, And Fear

Aravind Srinivas highlights an overlooked leadership lesson. The modern business environment is undergoing significant volatility and disruptions, requiring CEOs and senior leaders to expand their capacity continually. While much focus in leadership has rightly shifted toward well-being and resilience, one crucial element, often overlooked, can still trip up even the best of executives: fear. Typically, fear is framed as something to conquer, avoid, or eliminate. However, fear doesn't have to be the enemy. It can instead serve as an effective tool sharpening leaders' instincts, accelerating their decisions, and fending off complacency. Aravind Srinivas, co-founder and CEO of Perplexity, captured this perspective during a talk at Y Combinator's AI Startup School: "There's real benefit from embracing that fear and sleeping with that fear and waking up every day and feeling excited about what you're going to build because that's the only thing that'll keep you going." This type of perspective is "healthy paranoia." Here are four specific advantages healthy paranoia offers leaders: 1. Healthy Paranoia Sharpens Your Thinking Whether it's a tiger in the wild or a sudden threat to your market share, fear has a universal effect: it sharpens your focus. In moments of real or perceived threats, whether physical, emotional, financial, or strategic, the brain cuts through distractions and focuses on what matters most. For leaders, healthy paranoia channels that same response. It forces sharper thinking and clearer questioning. Where are we vulnerable? What feels safe but isn't? Srinivas articulates this well: 'You should assume OpenAI, Anthropic, and Google will build it too. The only moat is speed.' In an era where ideas and initiatives are easily replicated, speed and continuous refinement have become essential competitive advantages. Rather than fearing imitation, healthy paranoia demands pinpointing the area in which leaders can truly excel and executing relentlessly toward mastery. This kind of thinking drives ruthless prioritization and strategic clarity. 2. Healthy Paranoia Fuels Urgency Without Chaos Healthy paranoia doesn't paralyze, it catapults. Unlike panic-driven urgency that generates chaos, healthy paranoia encourages consistent forward motion rooted in clarity and conviction. Srinivas characterizes running Perplexity as a marathon at "extremely high velocity," emphasizing the need to "move fast and keep shipping." In leadership (and life in general, most of the time), procrastination is natural until the stakes become clear and impossible to ignore. Healthy paranoia distills these stakes and causes decisive action. It shortens the gap between idea and implementation, providing sustained momentum that's deliberate rather than reactive. 3. Healthy Paranoia Prevents Complacency Former New Orleans Saints coach Sean Payton used the phrase "Don't eat the cheese," warning players against succumbing to praise and external validation. Similarly, healthy paranoia protects executives against complacency. Success, while desirable, can breed complacency and even a sense of entitlement, thus diluting urgency. Srinivas intentionally reads comments predicting Perplexity's downfall, acknowledging, "I love reading them. It reminds us that no one is entitled to survive." Leaders who thrive in hyper-competitive and volatile environments never assume safety; they continuously reinforce their competitive edge even in periods of success. 4. Healthy Paranoia Demands Physical And Mental Durability Healthy paranoia isn't purely psychological, as it places substantial demands on a leader's physical, emotional, and mental operating systems. Srinivas frequently engages directly in addressing operational challenges, an approach that requires high stamina and sharp cognitive functioning. In high-stakes and competitive business landscapes, resilience is not a luxury: it is a necessity. It's a non-negotiable. Leaders with audacious goals must maintain a robust physical and mental infrastructure to withstand pressure, remain focused, and continue building while under stress. Healthy paranoia can catapult a leader forward, but only if their internal system can keep pace. Without that foundation, paranoia doesn't sharpen leaders' performance. Instead, it erodes it. Why Healthy Paranoia Is A Leadership Advantage Perspective shapes leadership. Reality exists independently, but our responses to it depend entirely on how we interpret it. For some, fear triggers contraction and defensiveness. For others, it sparks expansion and proactive adaptation. Healthy paranoia, when embraced strategically, becomes an essential asset for leaders, providing more mental acuity, urgency, and vigilance against complacency, while demanding the durability necessary to excel consistently at the highest levels.

Analyst Says Amazon.com (AMZN) Cloud Business Needs to Show ‘Acceleration' for Stock Outperformance
Analyst Says Amazon.com (AMZN) Cloud Business Needs to Show ‘Acceleration' for Stock Outperformance

Yahoo

time30 minutes ago

  • Yahoo

Analyst Says Amazon.com (AMZN) Cloud Business Needs to Show ‘Acceleration' for Stock Outperformance

Inc (NASDAQ:AMZN) is one of the . Mark Mahaney, head of internet research at Evercore ISI, recently said Amazon needs to show further AWS growth for stock outperformance. 'The retail business is important for Inc (NASDAQ:AMZN). It's a necessary condition. I think for the stock to really outperform though, it will be the cloud business. You need to see acceleration in that in the back half of the year. I think we're going to see that. If we're wrong on that, the stock's not going to outperform from here. The retail business also needs to show this continued expansion in margins. And you know the—I know we've sort of waxed off and on and now we're off about tariff risk, but it's still there and you know, Inc (NASDAQ:AMZN) need—and Amazon's kind of the canary in the coal mine. Shoot, they may be the whole coal mine. I mean they're going to give us a read into, and we're going to be tracking pricing, for prices on products on Inc (NASDAQ:AMZN) and, you know, not these four days but as we go through the back half of the year and, you know, there is risk here.' AWS revenue jumped 16.9% year over year in the last reported quarter, while its operating income rose 22.6%. AWS has now surpassed a $100 billion annual run rate, playing a central role in helping businesses modernize infrastructure, reduce costs, and accelerate innovation. Ttatty / The market often overlooks Amazon's ads business, which is generating more than $10 billion in quarterly revenue despite being built from scratch. In the first quarter, ad revenue rose 19% from a year earlier to $13.9 billion, continuing to support overall profitability. According to some Wall Street estimates, Amazon is projected to earn $6.20 per share in 2025 and $8.95 in 2027, reflecting 44.4% earnings growth over two years. Lakehouse Global Growth Fund stated the following regarding Inc. (NASDAQ:AMZN) in its May 2025 investor letter: ' Inc. (NASDAQ:AMZN) reported a solid quarterly result with net sales up 9% year-on-year (10% in constant currency terms) to $155.7 billion and operating profit up 20% to $18.4 billion. The company's core e-commerce business remained resilient in the face of potential tariffs, with management noting they hadn't seen any material change in consumer buying behaviour as at the end of April. Amazon web services (AWS) grew 17% to $29.3 billion which was a slight deceleration from the 19% delivered last quarter. Whilst this seems disappointing at first blush, management reiterated that demand is very strong they are still capacity constrained. Artificial intelligence (AI) continues to be a key growth driver with AI workloads growing in excess of 100% year-on-year on AWS. Overall, it was a positive result, and we remain confident that the company is set to deliver many years of solid revenue growth and margin expansion.' While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

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