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Ujjwal Maheshwari

Ujjwal Maheshwari is a Sydney-based financial writer at Stocks Down Under, where he has covered ASX and forex markets for over three years. He specialises in breaking down complex market developments into clear, accessible analysis for everyday investors.

Bachelor of Commerce (Finance), University of New South Wales (UNSW)

963 articles published

Mining Stocks

New Murchison Gold (ASX:NMG) Grew Its Resource 47%, So Why Did the Shares Fall?

KEY POINTS New Murchison Gold lifted the resource at its Garden Gully project in Western Australia by 47%, to 4.42 million tonnes at 2.5 grams per tonne for 359,000 ounces of gold. Despite the upgrade, the shares fell 4.5% on Thursday to 4.2 cents, as the gold price dropped below US$4,000 an ounce…

ByUjjwal MaheshwariJune 25, 20260Comments

Consumer

A2 Milk (ASX:A2M) Declares $300m Special Dividend: Here’s the Yield

KEY POINTS A2 Milk has declared a NZ$300 million special dividend (about A$245 million), worth 41.36 New Zealand cents per share, to be paid on 24 July 2026. In Australian dollar terms that is roughly 34 cents per share, a one-off yield of about 4.8% at the current price of A$7.10. The payment…

ByUjjwal MaheshwariJune 25, 20260Comments

Industrials

Worley (ASX:WOR) Crashes Nearly 10%: Is It a Buy After the Middle East Downgrade?

KEY POINTS Worley shares fell nearly 10% on 25 June after the company lifted its expected FY26 earnings hit from the Middle East conflict to up to A$60 million, well above the A$30 to A$40 million it flagged in April. A stronger Australian dollar adds a further A$50 million hit to FY26 earnings,…

ByUjjwal MaheshwariJune 25, 20260Comments

Technology US stocks

Micron’s Record US$41.5bn Quarter Reignites the AI Memory Boom: 3 ASX Stocks to Watch

KEY POINTS Micron just posted a record quarter: US$41.5 billion in sales, US$25.11 in earnings per share, and gross margins near 85%, smashing Wall Street's forecasts. It then guided to an even bigger quarter ahead, tipping up to US$51 billion in sales, strong proof that the AI memory boom is real and not…

ByUjjwal MaheshwariJune 25, 20260Comments

Market news

Will the RBA Hike Again? May Inflation Sends a Mixed Signal

KEY POINTS The RBA has held the cash rate at 4.35% after three hikes in 2026 but kept the door open to more. Markets are pricing in at least one more hike, to 4.60%, before year-end, with the next decision due in August. The case for a hike: core inflation is still…

ByUjjwal MaheshwariJune 25, 20260Comments

Tech Stocks

ASX Tech Bounces Back: Why Xero Jumped 8% After the AI Selloff

KEY POINTS ASX tech stocks were hammered earlier this week, with Xero (ASX: XRO) sinking to a multi-year low around A$66, its lowest since the 2020 COVID sell-off. The cause was global, not local: a sharp selloff in US AI and chip stocks, plus fears the US Federal Reserve will keep interest rates…

ByUjjwal MaheshwariJune 24, 20260Comments

Consumer

Why Baby Bunting (ASX: BBN) Shares Crashed More Than 10% After Cutting Profit Guidance

KEY POINTS Baby Bunting (ASX: BBN) shares fell about 11% to A$1.47 after the company lowered its profit forecast for the year. Shoppers pulled back on big-ticket items like prams and car seats late in the year, which the company blamed on higher interest rates and fuel costs. The twist: profit is…

ByUjjwal MaheshwariJune 24, 20260Comments

Market news

Australia Inflation Falls to 4%, But One Number Has RBA Rate Hike Fears Rising

KEY POINTS Headline inflation cooled to 4.0% in May, but core (trimmed mean) inflation rose to 3.6%, the number the RBA cares about most. The softer headline is mostly fading petrol and energy costs, not proof that home-grown inflation is beaten. With core inflation above 3% and rising, the risk leans toward…

ByUjjwal MaheshwariJune 24, 20260Comments

AI Stocks

Is the AI Bubble Bursting? Why Nvidia, Micron and Chip Stocks Are Crashing

KEY POINTS A global chip sell-off dragged the US Nasdaq down 2.21% overnight, with the rout starting in South Korea, where memory giants Samsung and SK Hynix each fell more than 12%. Micron tumbled about 13% to US$1,051.77, and Nvidia lost around 4%, as investors began to ask whether the AI boom has…

ByUjjwal MaheshwariJune 24, 20260Comments

Rare Earths Stocks

3 ASX Rare Earth Stocks Set to Re-Rate After Iluka Cracks the Ex-China Pricing Question

KEY POINTS Iluka signed its first binding rare-earth sale, with a global carmaker agreeing to pay guaranteed floor prices that do not rely on government support. That answers the sector's biggest question: will the West pay for rare earths made outside China? The answer is now yes. The proof point…

ByUjjwal MaheshwariJune 24, 20260Comments