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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

BHP (ASX:BHP) Falls Nearly 6% on US$2.3bn Jansen Hit: Buy the Dip or Steer Clear?

KEY POINTS The cost to build Jansen's next stage has blown out again, and BHP is taking a US$2.3 billion write-down. This is the third time the project has cost more or taken longer than promised, which is a fair worry. The hit is mostly a paper loss, not lost cash. BHP's…

ByUjjwal MaheshwariJune 19, 20260Comments

US stocks

Apple Is Raising Prices Over a Chip Shortage: These Stocks Could Benefit

KEY POINTS Apple says it will raise prices on some products because memory and storage chips have become too expensive. The cause is the AI boom: data centres are buying so much memory that there isn't enough left for phones and laptops. That shortage gives memory makers like Micron (NASDAQ: MU) and…

ByUjjwal MaheshwariJune 19, 20260Comments

Technology US stocks

Why Intel Stock Is Surging: The Trump-Apple Chip Deal Explained

KEY POINTS Intel (NASDAQ: INTC) stock surged after President Trump said Apple has agreed to design and build chips with Intel inside the United States. Intel is now up more than 250% in 2026, helped by a government-backed turnaround and big-name partners like Nvidia. Neither Apple nor Intel has confirmed the deal…

ByUjjwal MaheshwariJune 19, 20260Comments

Market news

Warsh Kills the Rate-Cut Hope: What the Fed’s Hawkish Turn Means for ASX Stocks

KEY POINTS The US Fed kept rates on hold but signalled it now leans towards raising them rather than cutting. That spooked markets: US shares fell, the US dollar jumped, and gold dropped almost 2%. The ASX 200 fell 0.62% today, with tech, mining, property and gold stocks leading the losses. …

ByUjjwal MaheshwariJune 18, 20260Comments

Industrials

Acrow (ASX:ACF) Raises A$70m for Two Acquisitions and Lifts Guidance: Is the Dilution Worth It?

KEY POINTS Acrow (ASX:ACF) is raising A$70 million to buy two businesses and pay down debt. That is a big raise for a company worth around A$280 million, so the dilution is real. But it now expects 21% higher sales and 15% higher profit in 2027, and the deals should…

ByUjjwal MaheshwariJune 18, 20260Comments

Market news

Friday’s Iran Peace Deal: The ASX Winners and Losers if the Hormuz Reopens (and if It Doesn’t)

KEY POINTS The US and Iran will formally sign a peace deal at Burgenstock, Switzerland, on Friday, June 19, brokered by Pakistan and Qatar. ASX markets have already rallied hard in anticipation. Oil has dropped to 14-week lows. This is not the first ceasefire. The April deal collapsed within 24 hours, and…

ByUjjwal MaheshwariJune 18, 20260Comments

Space Stocks

Only 4% of SpaceX Is Trading. That Is Why the Stock Soared, and Why It Could Fall

KEY POINTS Only about 4% of SpaceX shares are actually available to trade. The other 96% are locked up. That tiny float is the main reason the stock is up more than 40% from its US$135 float price in just days. Index funds will soon be forced to buy SpaceX from an…

ByUjjwal MaheshwariJune 18, 20260Comments

Industrials

Symal Group (ASX:SYL) Rises 8% as Shamrock Deal Adds Scale and Defence Exposure

KEY POINTS Symal (ASX:SYL) shares rose around 8% to A$2.92 after announcing the Shamrock Civil acquisition. Shamrock earns over A$220 million a year, and more than 70% of its pipeline is tied to defence work. Symal is paying A$51 million upfront, and the deal is expected to lift earnings per share in…

ByUjjwal MaheshwariJune 17, 20260Comments

Travel Stocks

Why Flight Centre (ASX:FLT) Jumped 5% on a Profit Downgrade

KEY POINTS Flight Centre cut its FY26 profit guidance to A$275 to 295 million (from A$310 to 345 million) after the Middle East conflict hurt overseas holiday travel. The biggest piece was a one-off A$50 million hit to overseas leisure in the final quarter, with smaller touring and currency impacts taking the total closer…

ByUjjwal MaheshwariJune 17, 20260Comments

AI Stocks

Qualcomm in Talks to Buy Tenstorrent for US$10bn, Lifting 3 ASX AI Chip Stocks

KEY POINTS Qualcomm (NASDAQ:QCOM) is in talks to buy AI chip startup Tenstorrent for US$8 billion to US$10 billion, well above the roughly US$3.2 billion value it sought last year. This is still only talk and could change or fall through, so treat it as a signal, not a done deal. …

ByUjjwal MaheshwariJune 17, 20260Comments