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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)

774 articles published

Gold Stocks

ASX Gold Miners Slammed as the US Dollar Roars: Buy the Dip or Stay Away?

KEY POINTS Gold has fallen more than 25% from its January peak to about US$4,150, pulling ASX gold miners down with it. The cause is a strong US dollar and a tougher Fed, not weaker demand for gold. Gold's long-term supports, like heavy central bank buying and global tensions, are still in…

ByUjjwal MaheshwariJune 22, 20260Comments

Tech Stocks Semiconductor stocks

Memflation: How the AI Boom Sent Memory Chip Prices Up 125%, and Which Stock Wins

KEY POINTS AI demand has drained the world's memory supply, with Gartner tipping DRAM prices up about 125% and NAND up 234% in 2026. The clear winners are the three big makers, Micron, SK Hynix and Samsung, with sold-out capacity and rare pricing power. On the ASX, next-generation memory plays like Weebit…

ByUjjwal MaheshwariJune 22, 20260Comments

Tech Stocks

Accenture Crashes 18% on AI Fears: What It Means for ASX IT Stocks

KEY POINTS Accenture (NYSE:ACN) fell about 18% to around US$128, its lowest price since 2017, after a weak outlook and slowing new work. The big fear is that AI is starting to replace some of the consulting work these firms sell. The warning dragged IT stocks worldwide, and the ASX slipped on…

ByUjjwal MaheshwariJune 20, 20260Comments

Oil and Gas Stocks

Oil Crashes to a 3-Month Low as Hormuz Reopens: 3 ASX Energy Stocks Now Looking Cheap

KEY POINTS Oil has crashed to a three-month low as the US-Iran deal reopens the Strait of Hormuz and drains the war premium from prices. This looks like fear pricing unwinding, not a collapse in demand, so the selloff may be overdone. ASX energy stocks have given back almost all their conflict-driven…

ByUjjwal MaheshwariJune 20, 20260Comments

Space Stocks

SpaceX Falls 18% From Its Peak: Is the IPO Hype Already Over?

KEY POINTS SpaceX (NASDAQ:SPCX) has dropped about 18% from its 16 June high of US$225.64 to US$185 at its latest close, just days after the biggest IPO ever. The fall looks like normal profit-taking, not a problem with the business. There is no simple ASX version of SpaceX, so most local exposure…

ByUjjwal MaheshwariJune 20, 20260Comments

Defence Stocks

Electro Optic Systems (ASX:EOS) Jumps 14% on US$124m Order and UAE Laser Weapons JV

KEY POINTS EOS (ASX: EOS) shares jumped about 14% to around A$10.66 after a US$124 million Slinger counter-drone order and a new laser-weapons joint venture in the UAE. The order is the biggest Slinger deal the company has ever won, and it comes from a customer that is also becoming a shareholder. …

ByUjjwal MaheshwariJune 19, 20260Comments

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