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S&P/ASX 200 on track for seventh consecutive month of gains

S&P/ASX 200 on track for seventh consecutive month of gains Amazon on Thursday released first-quarter results that exceeded analysts’ expectations, with sales soaring 44% year-over-year to US$108.5 billion and profits more than tripling to US$8.1 billion. Brent crude oil price rose 1.3% to US$68.16 a barrel on Thursday. S&P/ASX 200 (INDEXASX:XJO) dipped 0.60% to 7,039.5 points by 12.51 pm even as US markets rose overnight on strong corporate earnings data. Locally, this is a second weekly decline a row, but the ASX 200 remains firmer for the month with a gain of 3.6%. This would make it a seventh straight month of gains with the market rising about 20% in this time.

9Spokes International Ltd poised for growth off the back of increased interest in SMB digitalisation

9Spokes poised for growth off the back of increased interest in SMB digitalisation The company is pursuing several market opportunities to leverage its platform into core banking applications to facilitate loan origination and loan management. Cash balance at the end of the March quarter was $9.27 million. 9Spokes International Ltd (ASX:9SP) experienced strong pipeline growth in the March quarter off the back of its regional sales focus, which incorporates direct sales teams and partners. This strategy has already resulted in a strengthened direct and partners sales pipeline with a number of opportunities at varying stages – including five qualified opportunities.  During the quarter the company announced a Framework Services Agreement with Clydesdale Bank Plc, a subsidiary of Virgin Money UK PLC, and a first Statement of Work to determine project scope for a working capital health proposition.

S&P/ASX 200 rises as jobless rate continues to tumble

S&P/ASX 200 rises as jobless rate continues to tumble
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

S&P/ASX 200 rises as jobless rate continues to tumble

S&P/ASX 200 rises as jobless rate continues to tumble
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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