Overview
- Shares touched about $126 in New York trading, briefly up roughly 1.6%, to push the company over the trillion‑dollar threshold on Tuesday.
- Walmart is the first major retailer to join a club otherwise dominated by technology companies.
- Higher-margin engines—third‑party marketplace, advertising and memberships—have gained traction as e‑commerce accelerates, including 28% U.S. online growth last quarter.
- Recent partnerships add AI shopping on Google’s Gemini and purchasing via OpenAI’s ChatGPT, alongside internal AI use in supply chain and scheduling.
- The stock’s double‑digit gains this year followed its inclusion in the Nasdaq‑100 and a leadership change to CEO John Furner two days earlier.