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  5. NXE: Hi What happened to all Uranium stocks today ? [NexGen Energy Ltd.]
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Q: Hi
What happened to all Uranium stocks today ?
Asked by Filip on January 27, 2025
5i Research Answer:

There is no company news; but National Bank put out a piece on other uranium companies, citing the possible negative impact of tariffs. In addition, the DeepSeek AI news has hurt the energy sector in general, as the expected need for increased power may not be as big as expected, if DeepSeek has achieved such efficiency breakthroughs.