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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

AI Stocks

Is the AI Chip Rally Getting Stretched? What Samsung’s Record Profit Means for Nvidia, AMD and Micron

AI chip stocks have been the market's biggest winners in 2026, and Samsung just gave the bulls more ammunition. The Korean giant posted a record US$58 billion quarterly profit, proof that demand for AI memory chips is running red hot. Yet many of these stocks have already soared, and warnings of an AI bubble are…

ByUjjwal MaheshwariJuly 7, 20260Comments

Space Stocks

SpaceX Joins the Nasdaq-100 Today: US$27bn of Forced Buying Meets a 3% Float. Here’s the Catch

SpaceX (NASDAQ:SPCX) officially joins the Nasdaq-100 before the market opens on Tuesday, and that single event forces every fund tracking the index to buy the stock. The scale is huge: up to US$4.3 billion from the QQQ fund alone, and as much as US$27 billion across all index trackers. Here is what makes it unusual.…

ByUjjwal MaheshwariJuly 7, 20260Comments

US stocks

Why Goldman Just Lifted Its AMD (NASDAQ:AMD) Target to US$640, and the AI Trend Behind It

AMD (NASDAQ:AMD) rallied nearly 7% on Monday, after jumping as much as 10.5% earlier in the day, when Goldman Sachs lifted its 12-month price target to US$640 from US$450, while keeping its Buy rating. The timing is what makes this interesting. AMD had just fallen almost 11% late last week as investors dumped chip stocks,…

ByUjjwal MaheshwariJuly 7, 20260Comments

US stocks

TeraWulf (NASDAQ:WULF) Signs a 20-Year, US$19 Billion Anthropic AI Lease: From Bitcoin Miner to AI Landlord?

TeraWulf (NASDAQ:WULF) climbed about 5% on Monday, after spiking as much as 16% earlier in the day, following a transformational deal: a 20-year lease with Anthropic, one of the world's leading artificial intelligence companies, to host its computing at a Kentucky data centre. The lease is expected to generate roughly US$19 billion in revenue over…

ByUjjwal MaheshwariJuly 7, 20260Comments

US stocks

Why Is Tesla (TSLA) Stock Up Today? Inside the Miami Robotaxi Rally, and Why Analysts Are Split

Tesla (NASDAQ:TSLA) was one of the market's biggest movers on Monday, jumping about 7% to around US$420 and leading a broad rebound in electric-vehicle stocks. The catalyst was the launch of its Robotaxi self-driving service in Miami. In our view, the rally is as much about relief after last week's steep selloff as it is…

ByUjjwal MaheshwariJuly 7, 20260Comments

Technology

Broadcom (NASDAQ:AVGO) Jumps as Apple Confirms a US$30 Billion Chip Deal Through 2031: Buy the AI Winner or Wait?

8 July 2026 update: Apple has now formally confirmed the deal we cover below, putting a hard number on it for the first time. Apple said the agreement is expected to exceed US$30 billion, produce more than 15 billion US-made chips, and fund a US$1.5 billion expansion of Broadcom's facility in Fort Collins, Colorado. Broadcom…

ByUjjwal MaheshwariJuly 7, 20260Comments

Technology

Microsoft (NASDAQ:MSFT) Cuts 4,800 Jobs to Fund a US$190bn AI Bet: Buy the Dip or Stay Away?

Microsoft (NASDAQ:MSFT) is cutting about 4,800 jobs, or 2.1% of its staff, in one of its biggest shake-ups in years. On paper, that looks odd, because this is a company spending a record US$190 billion this year, not one in trouble. That contradiction is the real story. These cuts are how Microsoft pays for its…

ByUjjwal MaheshwariJuly 7, 20260Comments

AI Stocks

SK Hynix Completes US$26.5bn Nasdaq Listing: Can Investors Finally Buy the AI Memory King?

Update (14 July 2026): SK Hynix has since crashed. Its Korean shares plunged 15.4%, their worst day in nearly two decades, dragging Korea's market down 9% and forcing a trading halt. The US ADRs fell about 8% from their first-day close of US$168.01. We explain why SK Hynix crashed and whether it's still a buy.…

ByUjjwal MaheshwariJuly 7, 20261Comment

US stocks

Alphabet (NASDAQ:GOOGL) Joins the Dow but Faces a Brutal Month: What Investors Are Missing

Alphabet (NASDAQ:GOOGL) joined the Dow Jones Industrial Average on 29 June, rising about 4% on its first day in the famous index and steadying after a rough mid-June pullback. The stock is up more than 10% for the year, yet June was still bumpy, dragged around by a broad tech selloff over AI spending. In…

ByUjjwal MaheshwariJuly 6, 20260Comments

AI Stocks Market news US stocks

Is the AI Selloff Over? The Week Ahead for Chips, Tech and the Fed

After a rough week, investors return to one big question: is the AI selloff over, or is there more pain to come? Chip stocks just had their ugliest run in months, and a surprisingly weak jobs report added to the uncertainty. In our view, the coming week is less about fresh news and more about…

ByUjjwal MaheshwariJuly 6, 20260Comments

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Ujjwal Maheshwari

Is the AI Chip Rally Getting Stretched? What Samsung’s Record Profit Means for Nvidia, AMD and Micron

SpaceX Joins the Nasdaq-100 Today: US$27bn of Forced Buying Meets a 3% Float. Here’s the Catch

Why Goldman Just Lifted Its AMD (NASDAQ:AMD) Target to US$640, and the AI Trend Behind It

TeraWulf (NASDAQ:WULF) Signs a 20-Year, US$19 Billion Anthropic AI Lease: From Bitcoin Miner to AI Landlord?

Why Is Tesla (TSLA) Stock Up Today? Inside the Miami Robotaxi Rally, and Why Analysts Are Split

Broadcom (NASDAQ:AVGO) Jumps as Apple Confirms a US$30 Billion Chip Deal Through 2031: Buy the AI Winner or Wait?

Microsoft (NASDAQ:MSFT) Cuts 4,800 Jobs to Fund a US$190bn AI Bet: Buy the Dip or Stay Away?

SK Hynix Completes US$26.5bn Nasdaq Listing: Can Investors Finally Buy the AI Memory King?

Alphabet (NASDAQ:GOOGL) Joins the Dow but Faces a Brutal Month: What Investors Are Missing

Is the AI Selloff Over? The Week Ahead for Chips, Tech and the Fed

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Ujjwal Maheshwari

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