Walmart (WMT) shares hit a fresh all-time high Wednesday, adding to gains that followed news yesterday the big box retailer had become the latest company to team up with ChatGPT developer OpenAI.
Walmart U.S. CEO John Furner said the company is increasing its investments in U.S.-made products and suppliers as a strategic priority. Many businesses like Walmart are focused on keeping prices as low as possible for customers with rollbacks amid economic uncertainty.
Walmart's agentic commerce partnership with OpenAI reportedly drove the retailer's stock 5% higher, marking its biggest one-day gain since April and taking it to a record high. The partnership could also help Walmart, whose shares have already been on the rise for three years, boost its valuation to $1 trillion, Bloomberg reported Wednesday (Oct.
Walmart's U.S. head said shoppers were spending at a healthy rate and were resilient despite economic uncertainty and inflationary prices due to President Donald Trump's tariffs, Bloomberg News reported on Wednesday.
WMT's International arm surges 10.5%, fueled by booming China sales and strong Walmex and Flipkart momentum despite currency drag.
A partnership announced on Oct. 14, 2025, has sent a clear signal about the future of the retail sector. Walmart NYSE: WMT revealed it is collaborating with OpenAI to integrate shopping directly into the ChatGPT platform, complete with an Instant Checkout feature.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
When most people think of America's grocery giants, Walmart NYSE: WMT, Albertsons NYSE: ACI, and The Kroger Co. NYSE: KR come to mind. What most people would not expect is the inclusion of one of the biggest names in consumer discretionary stocks.
Walmart (WMT) will now use ChatGPT in its latest partnership with OpenAI. The stock tapped new all-time highs off the headline, and Rick Ducat adds that Walmart has shined as an outperformer compared to its consumer staple peers.
The major U.S. equities indexes rebounded Tuesday afternoon from earlier losses amid lingering worries about U.S.-China trade tensions. The Dow and S&P 500 were slightly higher, while the tech-heavy Nasdaq was little changed.
The retail giant is signaling that online shopping is about to change.
Walmart announced on Oct. 14 that it has partnered with OpenAI to create AI-first shopping experiences, allowing customers and Sam's Club members to complete purchases directly within ChatGPT using Instant Checkout. The partnership expands Walmart's use of artificial intelligence across its retail operations and reflects a broader industry shift toward conversational and predictive commerce.