Once Upon a Farm has registered for an IPO in the US, a decade after the organic baby-food manufacturer was set up. Berkeley, California-based Once Upon a Farm is seeking a listing on the New York Stock Exchange under the ticker symbol OFRM, according to a filing yesterday (29 September) with the US Securities and Exchange Commission (SEC). Founded in 2015 by Cassandra Curtis and Ari Raz, the business sells baby and children’s foods, including refrigerated pouches, oat bars, frozen meals and pantry snack ...

Diamond Hill Capital, an investment management company, released its “Select Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets rebounded from a sharp downturn at the start of April following the President’s “Liberation Day” tariffs announcement. As measured by the Russell 3000 Index, US stocks rose approximately 11%. Large-cap stocks saw the highest increase this quarter, rising just over 11%, while small-cap and mid-cap stocks gained approximately 8.5% each ...

Beyond Meat’s shares took another hammering as the loss-making alt-protein maker launched a debt swap and equity exchange. Investors will have the option of swapping existing zero percent convertible bonds due in 2027 into notes maturing in 2030 but carrying an interest rate of 7%, along with an exchange of up to circa 326 million in shares. In a statement yesterday (29 September), California-based Beyond Meat said the programme is aimed at eliminating more than $800m in debt. The exchange offer is open ...

Accenture, through its venture capital arm Accenture Ventures, has invested in UK-based insurtech start-up Rehuman to improve customer engagement in the insurance sector. This investment aims to help insurance companies leverage data and AI to enhance personalised customer interactions, thereby promoting stronger customer relationships. Accenture’s financial support will allow Rehuman to expand its operations and integrate AI further into insurer and broker systems. Rehuman will also participate in Acce ...

Key Points Viking Therapeutics' shares plunged after mixed phase 2 results for a GLP-1 candidate. However, the data wasn't nearly as bad as the market's reaction suggested. Viking could soar on future progress with this and other candidates. 10 stocks we like better than Viking Therapeutics › Developing GLP-1 medicines is all the rage these days in the pharmaceutical and biotech industries. The market is growing rapidly, and many (if not most) leading drugmakers are looking to capitalize on the t ...

United Natural Foods Inc. (NYSE:UNFI) stock traded higher on Tuesday after posting fiscal fourth-quarter 2025 results that beat analyst forecasts despite weaker year-over-year sales. The wholesale distributor reported net sales for the quarter of $7.70 billion, surpassing Wall Street’s estimate of $7.64 billion, which fell 5.6% from $8.16 billion a year earlier. UNFI’s fourth-quarter results were heavily affected by a cyber incident in June 2025, which the company estimates led to a reduction of approxima ...

Diamond Hill Capital, an investment management company, released its “Select Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets rebounded from a sharp downturn at the start of April following the President’s “Liberation Day” tariffs announcement. As measured by the Russell 3000 Index, US stocks rose approximately 11%. Large-cap stocks saw the highest increase this quarter, rising just over 11%, while small-cap and mid-cap stocks gained approximately 8.5% each ...

LONDON (AP) — Spotify said Tuesday that founder Daniel Ek is stepping down as CEO to become the executive chairman, in an announcement that sent its shares sliding in premarket trading. The Stockholm-based streaming giant said Ek will be replaced by two lieutenants who will become co-CEOs: Chief Product and Technology Officer Gustav Söderström and Chief Business Officer Alex Norström. The pair, who are also currently copresidents, will transition into their new jobs on Jan. 1 and will report to Ek. Spoti ...

By Joe Cash BEIJING (Reuters) -Chinese electric car makers invested more abroad than at home for the first time in 2024, new data from Rhodium Group showed on Wednesday, as fierce domestic competition makes it almost impossible for manufacturers to turn a profit. Automakers have benefited from years of subsidies and other government policies aimed at making China a global automotive power and the world's leader in electric vehicles, but overcapacity and aggressive price cutting have sent the industry int ...

By Stephen Nellis SAN FRANCISCO (Reuters) -Cerebras Systems, a Silicon Valley startup aiming to take on Nvidia by producing a dinner-plate-sized AI computing chip, on Tuesday said it raised $1.1 billion and added 1789 Capital, the venture firm where Donald Trump Jr. is a partner, as an investor. Cerebras said the funding round, which was led by Fidelity Management & Research Co and Atreides Management, brings the company's valuation to $8.1 billion. The deal added investors Tiger Global, Valor Equity Pa ...