Key Takeaways Shipping ETFs like BWET surged as geopolitical tensions lifted freight rates and boosted ton-mile demand.AI-led themes powered gains in BOTT, ASMH and FLKR amid strong robotics, chip and Asia tech momentum.Energy security bets and data center demand pushed uranium ETFs like URNM higher.Wall Street has delivered a moderate performance over the past month (as of Feb. 2, 2026). The S&P 500 has gained 1.1%, the Dow Jones has added 0.9%, the Nasdaq Composite has advanced 0.8%, while the Russell 200 ...

Core Insights - The uranium industry is experiencing a significant boom due to favorable regulations promoting domestic nuclear power, leading to substantial share price increases for major uranium miners like Cameco Corp., which has seen a 161% rise in the past year [3] - By 2026, the uranium market is expected to face a demand surge that exceeds production levels, creating a potential investment opportunity as the supply squeeze is likely to drive uranium prices higher [4] Industry Overview - Several uranium mining companies have seen their shares more than double in the last year, driven by easing regulations and a supply squeeze [6] - The Sprott Junior Uranium Miners ETF (URNJ) has increased by 89% over the last year, providing investors with exposure to smaller uranium producers that may benefit from regulatory easing [6] Investment Opportunities - Investors may consider ETFs like URNJ or URNM to capitalize on strong demand, as these funds offer access to a variety of uranium producers and attractive dividend yields [7] - URA is highlighted as one of the oldest and largest uranium ETFs, maintaining its appeal due to its performance record, fees, and dividend yield [7]

Core Insights - The Sprott report highlights a significant and growing gap between uranium supply and demand, with a current deficit of 5.4 million pounds projected to expand to 197 million pounds by 2024, driven by increasing demand rather than decreased production [1] - Rising demand for uranium is attributed to factors such as the growing adoption of AI technologies and the shift towards clean energy solutions, particularly nuclear energy [1] - The Sprott Uranium Miners ETF (URNM) offers investors focused exposure to the uranium sector, with a year-to-date NAV increase of 59.89% as of October 31, 2025, indicating strong performance amid the widening supply-demand gap [2] Industry Overview - The North Shore Global Uranium Mining Index tracks companies involved in uranium mining, exploration, and production, with a focus on junior miners [4] - The Nasdaq Sprott Junior Uranium Miners Index (NSURNJ) monitors the performance of small and mid-cap companies engaged in various uranium-related activities, including mining and royalties [4]