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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)

768 articles published

Tech Stocks

Adobe (NASDAQ:ADBE) Crashes to a 2019 Low Despite Record Revenue: Bargain or Value Trap?

KEY POINTS Adobe (Nasdaq: ADBE) beat sales and profit forecasts and lifted its full-year guidance, yet the stock still fell after the result. The real trigger was the surprise exit of CFO Dan Durn, leaving a hole in the leadership team, plus worry that the beats were modest against high expectations. AI…

ByUjjwal MaheshwariJune 13, 20260Comments

IPOs

SpaceX Soars 25% in Record Debut as Musk Becomes First Trillionaire: 3 ASX Ways to Play It

KEY POINTS SpaceX began trading on the Nasdaq on Friday under the ticker SPCX, opening 11% above its US$135 IPO price and rising as much as ~25% on day one, pushing its value above US$2 trillion. The float raised about US$75 billion, the biggest IPO in history, and made Elon Musk the world's…

ByUjjwal MaheshwariJune 13, 20260Comments

Healthcare Stocks

Monash IVF (ASX:MVF) Rises on Another Profit Cut: Buy the Dip or Value Trap?

KEY POINTS Monash IVF (ASX: MVF) cut its FY26 profit forecast again, to between A$17 million and A$18 million, as fewer Australians start IVF. The shares actually rose on the news (up 2.24% to A$0.68), a sign the bad news was already expected. A A$0.90 takeover bid from the Soul Patts and…

ByUjjwal MaheshwariJune 13, 20260Comments

Financials

Magellan (ASX:MFG) Climbs 5% as Barrenjoey Merger Clears, But the Magellan Name Is About to Vanish

KEY POINTS Magellan (ASX: MFG) shares climbed about 5% to around A$9.52 on Friday after the competition regulator unconditionally cleared its merger with investment bank Barrenjoey. The deal should complete in early July, and the company plans to rename itself Barrenjoey Group and swap its ticker from MFG to BJY, subject to a…

ByUjjwal MaheshwariJune 12, 20260Comments

Energy Stocks

Woodside (ASX:WDS) Pays A$320m to Beat China and Japan to Browse, So Why Are Shares Falling?

KEY POINTS Woodside (ASX: WDS) used its pre-emptive right to buy PetroChina's 10.67% stake in the Browse gas project, blocking a sale to Japan's Inpex and lifting its own interest to about 41%. It is paying US$225 million (around A$320 million) now, with a further US$175 million owed only if Browse gets a…

ByUjjwal MaheshwariJune 12, 20260Comments

Tech Stocks Technology

Intel (NASDAQ: INTC) Soars on a Rare Sell-to-Buy Upgrade: Buy the AI Comeback or Too Late?

Intel (NASDAQ: INTC) jumped about 10% after Bank of America did something unusual: a "double upgrade", lifting the stock straight from Underperform (Sell) to Buy and raising its target to US$135 from US$96. The twist is that Intel is already one of 2026's biggest winners, up around 190% this year and now near US$118. So…

ByUjjwal MaheshwariJune 12, 20260Comments

Gold Stocks

ASX Gold Stocks Crash as Gold Enters a Bear Market: Buy the Dip or Falling Knife?

KEY POINTS Gold has fallen more than 20% from its January record near US$5,600 into a bear market, breaking below its 200-day average for the first time since October 2023. ASX miners fall harder than bullion because of operating leverage, so the selloff has been brutal. In Australian dollars, gold is still…

ByUjjwal MaheshwariJune 12, 20260Comments

Retail

Super Retail (ASX:SUL) Bets on 900 Stores by 2031: Growth Story or Wishful Thinking?

KEY POINTS Super Retail Group (ASX: SUL) wants to grow from about 790 stores to more than 900 by 2031, mostly in regional towns, across Supercheap Auto, Rebel, BCF and Macpac. An overhaul called "Ignite" aims to cut yearly costs by around A$75 million by FY29, though it carries about A$30 million a…

ByUjjwal MaheshwariJune 11, 20260Comments

Real Estate

Can Nick O’Neil Fix Lendlease (ASX: LLC)? Why the Market Cheered a CEO Hire Despite a 53% Slide

KEY POINTS Lendlease (ASX: LLC) shares rose about 4.6% to A$2.74 after it named a new CEO, even though the stock is still down about 53% over the past year. The new boss, Nick O'Neil, joins from AustralianSuper and starts on 10 September, with Tony Lombardo stepping down by 30 June. The…

ByUjjwal MaheshwariJune 11, 20260Comments

Mining Stocks

Larvotto (ASX:LRV) Locks In a Glencore Gold Deal and Nears Production. So Why Did the Stock Fall 15%?

KEY POINTS Larvotto Resources (ASX: LRV) fell about 15% to A$1.13, even after signing a major gold deal and nearing first production. The good news: a seven-year deal for Glencore to take all of Hillgrove's gold concentrate (about 15,000 tonnes a year), with first production due in August. Its antimony is sold separately…

ByUjjwal MaheshwariJune 11, 20260Comments

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Ujjwal Maheshwari

Adobe (NASDAQ:ADBE) Crashes to a 2019 Low Despite Record Revenue: Bargain or Value Trap?

SpaceX Soars 25% in Record Debut as Musk Becomes First Trillionaire: 3 ASX Ways to Play It

Monash IVF (ASX:MVF) Rises on Another Profit Cut: Buy the Dip or Value Trap?

Magellan (ASX:MFG) Climbs 5% as Barrenjoey Merger Clears, But the Magellan Name Is About to Vanish

Woodside (ASX:WDS) Pays A$320m to Beat China and Japan to Browse, So Why Are Shares Falling?

Intel (NASDAQ: INTC) Soars on a Rare Sell-to-Buy Upgrade: Buy the AI Comeback or Too Late?

ASX Gold Stocks Crash as Gold Enters a Bear Market: Buy the Dip or Falling Knife?

Super Retail (ASX:SUL) Bets on 900 Stores by 2031: Growth Story or Wishful Thinking?

Can Nick O’Neil Fix Lendlease (ASX: LLC)? Why the Market Cheered a CEO Hire Despite a 53% Slide

Larvotto (ASX:LRV) Locks In a Glencore Gold Deal and Nears Production. So Why Did the Stock Fall 15%?

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Ujjwal Maheshwari

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