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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

US stocks

Comcast Spins Off NBCUniversal and Sky: Stock Opens Up 17%, Closes Up Just 5%

Comcast (NASDAQ:CMCSA) is breaking itself in two. On Monday it said it will spin off NBCUniversal and Sky into a new public company, separating its entertainment arm from its broadband and wireless business. Investors liked the idea, at least at first. The stock opened about 17% higher near US$27, then gave back most of the…

ByUjjwal MaheshwariJune 30, 20260Comments

Tech Stocks

Tesla Jumps 8% as a 3-Year Safety Probe Closes and Delivery Hopes Rise

Tesla (NASDAQ:TSLA) shares jumped about 8% on Monday to around US$409, one of the stock's best days in over a year. After a rough few months, investors had three reasons to pile back in on the same day. The biggest was a US safety regulator closing a long-running investigation. On top of that, analysts lifted…

ByUjjwal MaheshwariJune 30, 20260Comments

Tech Stocks

‘Big Short’ Investor Michael Burry Just Bought the AI Dip- 4 ASX Tech Stocks to Watch

You may know Michael Burry from the film The Big Short. He is the investor who saw the 2008 housing crash coming and made a fortune betting against it. For most of 2026, he has been betting that AI stocks had run too far and were due to fall. So it surprised a lot of…

ByUjjwal MaheshwariJune 30, 20260Comments

Gold Stocks

Gold Hits 8-Month Low: Are ASX Goldminers a Falling Knife or a Bargain?

Gold has tumbled to around US$4,000 an ounce, hitting its lowest level in eight months this week, after falling more than 11% over the past month. ASX gold miners such as Northern Star (ASX:NST), Evolution (ASX:EVN) and Ramelius (ASX:RMS) have been sold off hard alongside it. Yet here is the puzzle: the price is dropping…

ByUjjwal MaheshwariJune 30, 20260Comments

Dow Jones board showing record close above 52,000 as the ASX barely follows

Market news

Dow Tops 52,000 for the First Time, What the Big Tech Surge Means for the ASX

The Dow Jones, one of America's best-known share market indices, closed above 52,000 for the first time ever on Monday. The push past that milestone came from a strong bounce in technology stocks, helped by Google's parent company, Alphabet, joining the index. A good night on Wall Street usually translates into a brighter mood on…

ByUjjwal MaheshwariJune 30, 20260Comments

Consumer

Collins Foods (ASX:CKF) Profit Nearly Quadruples: So Why Did the Stock Fall?

Collins Foods (ASX:CKF), the company behind KFC in Australia and parts of Europe, slipped about 2.5% to A$8.15 on Tuesday, even though it just reported a record full year. Sales from its core KFC operations rose to about A$1.59 billion, statutory profit nearly quadrupled to A$47.1 million (up from A$12.4 million the year before), and…

ByUjjwal MaheshwariJune 30, 20260Comments

Tech Stocks

Life360 (ASX:360) Jumps 12% as ASX Tech Rebounds: Is the Recovery Real?

Life360 (ASX: 360) was one of the standout movers on the ASX on Monday, with shares jumping almost 12% to close at A$26.27. The family-safety app maker rose alongside a broad rebound in technology stocks, with names like WiseTech (ASX:WTC) and Pro Medicus (ASX:PME) also climbing. There was no big company announcement behind the move,…

ByUjjwal MaheshwariJune 30, 20260Comments

Space Stocks

SpaceX Joins the Nasdaq 100: How ASX Investors Can Get Exposure, and Should They?

SpaceX (NASDAQ:SPCX) will join the Nasdaq 100 on 7 July, and the headlines are everywhere. When it enters, funds that track the index must buy its shares, with J.P. Morgan estimating around US$4.3 billion of forced buying. For Australian investors, the real question is not the hype but how to get exposure and whether it…

ByUjjwal MaheshwariJune 29, 20260Comments

Tech Stocks

ASX Tech Stocks Roars Back as Xero (ASX: XRO) Jumps 4.5%: Bottom Signal or Bear-Market Bounce?

ASX tech stocks roared back to life on Monday. Xero (ASX: XRO) climbed 4.5%, and WiseTech (ASX: WTC) jumped an even bigger 7.2%, lifting the whole technology sector after a rough few weeks. It was a welcome change of pace, but the sector is still well down in 2026, and US tech had a weak…

ByUjjwal MaheshwariJune 29, 20260Comments

Energy Stocks

Karoon Energy (ASX:KAR) Rebounds 9% After a Brutal Sell-Off: Buy the Recovery or Wait?

Karoon Energy (ASX:KAR) shares jumped more than 9% to close at A$1.38 on Monday after the company got its most important oilfield, Baúna in Brazil, back to full production of about 20,500 barrels a day. It is a welcome turnaround. Just two weeks ago, the stock tumbled almost 12% after a problem at one of…

ByUjjwal MaheshwariJune 29, 20260Comments