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Walmart hits $1 trillion in market value for the first time
Walmart joined an elite group of U.S. companies valued above $1 trillion, driven by a 26% share rise and strong growth in e-commerce and AI investments, analysts said.
- On Tuesday, Walmart, Arkansas-based retail giant, hit a market cap above $1 trillion, with shares rising as much as 1.6% to $126 after a rally that more than doubled the stock in two years.
- Walmart's ecommerce investments worth tens of billions helped it compete with Amazon, while tariffs imposed by President Donald Trump caused a one-third pass-through to consumers, Jefferies estimated a 7 to 7.5 per cent price rise.
- Analysts say Walmart's scale is evident, with nearly 11,000 stores worldwide and forecasted $700 billion revenue this month, supported by its strategy of investing through uncertain times.
- Index inclusion boosted Walmart's valuation, attracting passive funds and increasing the Walton family's 44 per cent stake worth about $443 billion, the company said.
- In leadership terms, Walmart recently switched its listing, entering the ranks of mega-cap firms like Apple and Microsoft, with Walmart surpassing $1 trillion in market cap.
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Walmart cracks into the $1 trillion club
Customers shop at a Walmart in Little Rock, Arkansas.Will Newton/Getty ImagesWalmart's stock price rose about 3% on Tuesday, pushing the retailer's valuation to $1 trillion.The company has boosted its shares by redefining itself with an emphasis on tech and convenience.A recent leadership transition — including a new CEO — signals a future focus on AI and e-commerce.The latest entrant to the four-comma club doesn't make software or semiconductor…
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Company has set up artificial intelligence, investing billions in automation of the supply chain to help supply its stores with fresher products and improve delivery times
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Coverage Details
Total News Sources40
Leaning Left6Leaning Right2Center14Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 27%
C 64%
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