By WSJ Staff
Coinbase $(COIN)$: Shares rallied 10% premarket after S&P Dow Jones Indices said the crypto exchange will join the S&P 500 on May 19.
Boeing $(BA)$: The aviation company's shares edged higher premarket after Bloomberg reported China scrapped a ban on airlines taking delivery of Boeing planes.
Hertz $(HTZ)$: The rental-car company posted a steeper-than-expected quarterly loss and warned of cooling demand from businesses and international travelers. Shares fell about 7% before the bell.
Bayer (XE: BAYN) The German company's latest quarterly results topped Wall Street's expectation, driven by cost-cutting and demand for kidney and cancer drugs. Shares climbed 10% in Frankfurt.
Honda (JP:7267); $(HMC)$: The Japanese automaker projected U.S. tariffs will wipe about $3 billion off its annual profit, but shares edged higher in Tokyo alongside a broader rally in Japanese stocks.
Alibaba $(BABA)$, PDD Holdings $(PDD)$, JD.com $(JD)$: U.S.-listed Chinese stocks came under pressure early Tuesday as the rally sparked by the U.S. and China's agreement to slash tariffs fizzled.
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(END) Dow Jones Newswires
May 13, 2025 04:42 ET (08:42 GMT)
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