, betting that adoption of digital assets by investors will continue and provide attractive returns for long-term investors. The move also comes as the bitcoin price climbs higher. The two tend to trade in tandem because of Coinbase's reliance on trading fees.
— Paychex shares rose 5.2% after the payroll services company reported strong quarterly earnings. The company posted a profit of 91 cents per share on revenue of $1.11 billion. Analysts surveyed by StreetAccount expected earnings of 80 cents per share on revenue of $1.06 billion.
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