Walmart Hits 1 trillion USD Market Value, Joins Tech Giants

In the early 2000s, Walmart was the biggest leading company in the world. Now, as of now, the giant company has entered the 1 trillion market valuation. Because of its capacity to attract customers from all income levels, its rapid digital expansion, and its AI-driven efficiencies, Walmart’s stock price surged by 26%, making it the first retailer to reach a trillion dollar market capitalization.

As many reports have emphasized, Walmart has become the first retailer in the exclusive group of tech behemoths like Nvidia, Apple, Microsoft and Amazon to reach a valuation of one trillion USD following a significant digital and AI transformation.

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In the past five years alone, Walmart has significantly increased its digital presence by creating a 4 billion USD advertising industry that has improved margins, extending its online marketplace to over half a billion products, introducing one-hour delivery and launching Walmart+ to compete with Amazon Prime, says reports.

Last month, Walmart took AstraZeneca’s place on the Nasdaq-100 Index, which is heavily weighted toward technology. With a worth of 1 trillion USD or more, it is now a member of an exclusive club of American firms that includes Apple, Microsoft, Amazon, Nvidia, Meta, Alphabet, Tesla, Broadcom and Berkshire Hathaway, as highlighted by reports.