Apple’s Comeback, Tesla’s Tumble, and a Bank Dividend Bonanza

​Wednesday’s trading session is shaping up to be anything but boring, with Apple clawing back lost ground, Tesla teetering under pressure, and big banks sweetening the deal for investors.

Apple: Down but Far from Out
Apple might be one of the worst-performing Dow stocks of 2025—down 17% year-to-date and 20% off its late-December high—but two top chart analysts think the tide could be turning. Carter Worth predicts a short-term jump of 6% to 8%, while Katie Stockton sees a bigger move, projecting a 14% to 16% “counter-trend relief rally.” The stock closed at $207.82 but crossed the $209 mark after hours.

Bank Stocks: Dividends Are Booming
Thanks to recent stress tests showing strong financials, major U.S. banks are handing out higher dividends:
-Goldman Sachs: From $3 to $4 a share
-Morgan Stanley: Up to $1, with a buyback approved
-Wells Fargo: Rising to $0.45 from $0.40
-JPMorgan: Increasing to $1.50 a share
-Citigroup: Bumping up to $0.60 from $0.56
-Bank of America: From $0.26 to $0.28

The market liked it. Most of these names hit new highs this week and are up between 9% and 15% over the past month.

Tesla: On the Ropes
Tesla is enduring a rough stretch. Shares are down 13% this month, off 38% from their December peak, and Tuesday marked the sixth consecutive day of losses. The stock fell another 5% on the day. Delivery numbers for Q2 are expected Wednesday, which could either revive sentiment—or deepen the slump.

Jim Cramer weighed in on the ongoing feud between Elon Musk and Donald Trump, saying “Tesla is a total dice roll,” and predicting that Trump’s supposed support for autonomous vehicles may be off the table for now.

Other Movers to Watch
-Rivian: Down 7.3% in a month and nearly 28% from its July 2024 high. Q2 delivery data is coming.
-Centene: Plunged 25% after hours following its withdrawal of its 2025 earnings forecast. The Senate’s deep Medicaid cuts added fuel to the fire.
-Verint: Surged 12% after hours on reports that private equity firm Thoma Bravo may acquire the company. Even so, the stock remains 24% down for the year.

Bottom line: Apple may be ready to rally, but Tesla is skating on thin ice. Banks are celebrating with dividend hikes, and the broader market is waiting for delivery reports and earnings news to drive the next wave. Buckle up.