Today: 12 May 2026
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LSE:PNN.L 18 January 2026

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  • Corn Prices Gain Early Tuesday on Strong Planting and Export Data
    May 12, 2026, 10:47 AM EDT. Corn prices rose 3 to 4 cents Tuesday morning, continuing gains from Monday's session where futures climbed 3 to 5 cents across contracts. U.S. corn planting is ahead of average, with 57% planted versus the 5-year average of 52%, and emergence 4 points faster than normal. Export shipments declined 17% week-over-week to 1.691 million tonnes but remain 30% above last year. Key destinations include Mexico, South Korea, and Colombia. Marketing year exports lag 30% behind last year. Traders await the USDA's May WASDE report for updated corn stock and production estimates. The report is expected to show old crop stocks stable at around 2.13 billion bushels and 2026 production at about 15.985 billion bushels with yields near 183 bushels per acre.

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The AI Memory ETF That Beat Bitcoin Mania Just Hit $6.5 Billion in 36 Days

The AI Memory ETF That Beat Bitcoin Mania Just Hit $6.5 Billion in 36 Days

12 May 2026
Roundhill Investments’ Memory ETF, trading as DRAM, has reached $6.5 billion in assets just 36 days after launch, fueled by investor demand for AI memory chip exposure. The fund, recently down 4.8% at $52.44, is heavily weighted toward Samsung, SK Hynix, and Micron. A leveraged version has been filed with the SEC. DRAM has drawn over $150 million in retail net buying this month, outpacing flows into Nvidia and Micron.
Intel Stock Pulls Back as AI Foundry Rally Meets Valuation and CPI Pressure

Intel Stock Pulls Back as AI Foundry Rally Meets Valuation and CPI Pressure

12 May 2026
Intel shares fell 2.8% to $125.84 Tuesday morning after a sharp rally fueled by reports of advanced-packaging work with SK hynix and speculation about new foundry customers. The drop followed gains driven by optimism over AI server demand and a possible chipmaking deal with Apple. Intel recently reported Q1 revenue of $13.6 billion, up 7% year-over-year, and forecast Q2 revenue of $13.8–$14.8 billion.
Nvidia’s Record Run Is Now a Test of How Much AI Spending the Market Still Trusts

Nvidia’s Record Run Is Now a Test of How Much AI Spending the Market Still Trusts

12 May 2026
Nvidia shares climbed 1.2% to near $222 after a record close, as investors positioned ahead of May 20 earnings and focused on strong AI hardware demand from hyperscalers. CEO Jensen Huang was excluded from Trump’s China delegation, highlighting ongoing export risks, but the company’s outlook already assumes no China data center revenue. Nvidia guided first-quarter fiscal 2027 revenue to $78 billion, plus or minus 2%.
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