Overview
- Shares hit a record $126 in morning trading, pushing the retailer's market value just over $1 trillion for the first time.
- The stock is up about 12% in 2026 and roughly 24% over the past year, outperforming the S&P 500 in both spans.
- Profit growth is being driven by expansion of the third‑party marketplace and a fast‑growing advertising business.
- Walmart has rolled out AI initiatives, including announced integrations with Google's Gemini and OpenAI's ChatGPT for shopping and operational efficiency.
- The company joined the Nasdaq 100 last month, as its online offerings attract more affluent shoppers alongside its value‑oriented core customers.