Category stocks

Lynda Petherick Named New Look CEO

Current CEO Helen Connolly, who took the role in June 2022, will remain with New Look until September 2026 to support a handover. Petherick joined New Look in 2024 as chief information officer and was promoted to chief operating officer in 2025 She has led the compa

Meta Raises Capex Guidance To $130B

Meta increases capex guidance to $130B Meta is selling compute and buying more, with capex guidance rising to $130B. The company has held talks with AI rival Anthropic about leasing internal computing power. Meta plans to monetize current compute in the short ter