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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

Energy Stocks

Oil Spikes Above US$97 on the Iran-Israel Escalation: Which ASX Oil and Gas Stocks Benefit Most?

KEY POINTS The Iran-Israel escalation has pushed Brent crude almost 5% higher, to above US$97 a barrel. Most ASX oil and gas producers benefit, but leverage varies sharply, and pure oil producers swing hardest. Karoon (ASX: KAR) offers the most direct oil exposure, while Woodside (ASX: WDS) and Santos (ASX: STO) are…

ByUjjwal MaheshwariJune 8, 20260Comments

Market news

Iran-Israel Escalation Sends Oil Above US$95: The ASX Winners and Losers

KEY POINTS Iran fired missiles at Israel and Israel struck back at targets near Tehran, Tabriz and Isfahan, the worst flare-up since April's ceasefire, sending Brent crude almost 5% higher to around US$97.60. This is a fear-driven oil spike, not stronger demand, so it splits the market into clear winners and losers. …

ByUjjwal MaheshwariJune 8, 20260Comments

Rare Earths Stocks

Lynas (ASX:LYC) Falls 3% on Interim CEO Appointment: A Leadership Gap at a Pivotal Moment?

KEY POINTS Lynas (ASX:LYC) fell about 3% on Friday after naming COO Pol Le Roux as interim CEO from 1 July. Amanda Lacaze retires after 12 years. The retirement was flagged back in January, so the focus now is that no permanent CEO has been named yet. Le Roux is…

ByUjjwal MaheshwariJune 8, 20260Comments

Bank Stocks Dividend Stocks

Will the RBA Hike Again on June 16? What It Means for ASX Bank and Dividend Stocks

KEY POINTS The RBA decides on Tuesday, 16 June, with the cash rate at 4.35% after three hikes already in 2026. The big four are split: ANZ (ASX: ANZ) and CBA (ASX: CBA) see no further hikes, NAB (ASX: NAB) pencils in an August move to 4.60%, and Westpac (ASX: WBC) sees 4.85%…

ByUjjwal MaheshwariJune 8, 20260Comments

AI Stocks

Why Did Stocks Crash on a Strong Jobs Report? The US$1 Trillion AI Selloff Explained

KEY POINTS US jobs growth came in much stronger than expected (172,000 vs about 85,000 forecasted), wiping out hopes of near-term Federal Reserve rate cuts. Higher rate expectations hit richly valued growth stocks hardest, especially AI and chip names. Nvidia (NASDAQ: NVDA), Micron (NASDAQ: MU) and Marvell (NASDAQ: MRVL) all fell as…

ByUjjwal MaheshwariJune 6, 20260Comments

Gaming Stocks

Ainsworth Game Technology (ASX:AGI) Surges 17% After Chairman and Secretary Quit Over Bonus Controversy

KEY POINTS Ainsworth Game Technology (ASX: AGI) jumped 16.79% to A$1.60 on Friday, even as the broader market fell about 0.68%. The trigger was the resignation of chairman Danny Gladstone and company secretary Mark Ludski, over reports of A$10m and A$5m payments made to them by founder Len Ainsworth after he sold his…

ByUjjwal MaheshwariJune 6, 20260Comments

Healthcare Stocks

CSL (ASX:CSL) Jumps 5.7% as Investors Pile Back Into Healthcare

KEY POINTS CSL (ASX: CSL) jumped 5.7% to A$97.91 on Friday, its best day since February 2022. Healthcare was the real story, rising 3.5% as money moved out of miners and into the sector. CSL is still down nearly 60% over the year after profit warnings, a CEO change, and about US$5…

ByUjjwal MaheshwariJune 6, 20260Comments

Gold Stocks

Northern Star (ASX:NST) Is in Play: 3 ASX Gold Stocks That Could Be Taken Over Next

KEY POINTS Elliott, one of the world's most aggressive activist investors, has built a stake worth more than A$1 billion (about 4%) in Northern Star (ASX: NST) and is pushing for a strategic review that could include a sale, plus an external CEO and a board refresh. Northern Star is already replacing its…

ByUjjwal MaheshwariJune 6, 20260Comments

Broadcom stock chart showing 13% plunge as investors rotate out of AI chip stocks

AI Stocks Tech Stocks

Broadcom Plunges 13% Despite a Record Quarter: Has the Great AI Rotation Begun?

Key Points: Broadcom (NASDAQ: AVGO) closed down about 13% even after a record quarter that beat profit forecasts, because its AI revenue outlook was strong but not the blowout the market had priced in. The result itself was good (record revenue, AI chip sales up 143%), but the stock had run about 40%…

ByUjjwal MaheshwariJune 5, 20260Comments

Tech Stocks AI Stocks

Megaport (ASX:MP1) Surges 11% as Investors Pour A$518m Into Its AI Cloud Bet, Despite the AI Selloff

KEY POINTS Megaport (ASX: MP1) rose about 11% on 5 June 2026 to around A$18.48, after spiking as much as 27% to a record A$21.16 intraday before fading. The company raised about A$518 million from big investors, with nearly all (99%) taking part. A second offer for everyday shareholders opens on 11…

ByUjjwal MaheshwariJune 5, 20260Comments

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Ujjwal Maheshwari

Oil Spikes Above US$97 on the Iran-Israel Escalation: Which ASX Oil and Gas Stocks Benefit Most?

Iran-Israel Escalation Sends Oil Above US$95: The ASX Winners and Losers

Lynas (ASX:LYC) Falls 3% on Interim CEO Appointment: A Leadership Gap at a Pivotal Moment?

Will the RBA Hike Again on June 16? What It Means for ASX Bank and Dividend Stocks

Why Did Stocks Crash on a Strong Jobs Report? The US$1 Trillion AI Selloff Explained

Ainsworth Game Technology (ASX:AGI) Surges 17% After Chairman and Secretary Quit Over Bonus Controversy

CSL (ASX:CSL) Jumps 5.7% as Investors Pile Back Into Healthcare

Northern Star (ASX:NST) Is in Play: 3 ASX Gold Stocks That Could Be Taken Over Next

Broadcom Plunges 13% Despite a Record Quarter: Has the Great AI Rotation Begun?

Megaport (ASX:MP1) Surges 11% as Investors Pour A$518m Into Its AI Cloud Bet, Despite the AI Selloff

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Ujjwal Maheshwari

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