In the latest trading session, Walmart (WMT) closed at $119.14, marking a +1.47% move from the previous day.
Walmart's appointment of John Furner as its new CEO signals that the retailer intends to expand its digital footprint, Bloomberg reported Friday (Jan. 30). Furner, who currently leads Walmart US, will become CEO of Walmart Inc. on Sunday (Feb. 1), replacing current CEO Doug McMillon, who will retire.
Walmart (NYSE:WMT) generated $681 billion in revenue during fiscal 2025, translating to $1.87 billion per day.
Amazon and Walmart are battling on two of the largest, most habitual spending categories in the U.S. economy: grocery and healthcare. The two largest retailers in the U.S. are rethinking the role of physical presence in an era defined by logistics, data and services.
Walmart and Target navigate cautious consumer spending with tech upgrades, omnichannel growth and strategic shifts.
Walmart CEO Doug McMillon retires after 40 years, leaving behind a transformed retail giant that attracts higher-income shoppers through convenience.
Walmart NASDAQ: WMT is currently defying gravity. The stock is trading near all-time highs, hovering around $118 per share, and the company is rapidly approaching a historic $1 trillion market capitalization.
Amazon is looking into opening a supercenter retail location, while closing its Amazon Go and Amazon Fresh physical stores.
WMT's expanding AI use boosts productivity in tech, e-commerce and operations, raising the question of whether efficiency gains can support margins.
Walmart (WMT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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