On July 2, Uranium Energy Corp rose 5.97% in regular trading, trading at $11.225/share, with turnover of $12.72 million. The rally was driven by broad-based strength across AI power-related stocks, with nuclear and uranium names seeing widespread gains.

On the news front, AI-linked power stocks moved broadly higher during the session, with Energy Fuels, Nano Nuclear Energy, Oklo, and Uranium Energy Corp all gaining approximately 3% or more as investor interest in nuclear energy as a power source for AI data centers continued to build. Within the Coal and Consumable Fuels sector, Centrus Energy Corp rose 6.37%, Denison Mines gained 5.96%, Energy Fuels Inc added 4.96%, Nexgen Energy Ltd. climbed 4.44%, and Cameco Corp advanced 3.57%.

On the operational front, Uranium Energy Corp recently launched production at its Burke Hollow project in Texas after receiving regulatory approval, making it the first new US in-situ recovery uranium mine in over a decade. The company is also expanding capacity at its Christensen Ranch operations in Wyoming, strengthening its domestic production footprint.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)