Walmart Hits $1 Trillion Valuation, Becomes First Retailer in Elite Tech Club

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CNBC TV18•03-02-2026, 23:06
Walmart Hits $1 Trillion Valuation, Becomes First Retailer in Elite Tech Club
- •Walmart achieved a $1 trillion market valuation, making it the first retailer to join this exclusive group of U.S. companies.
- •The company's stock has rallied nearly 26% over the past year, driven by aggressive investments in AI and automation.
- •Walmart's digital transformation has allowed it to attract wealthier consumers with faster delivery and expanded online offerings.
- •Billions have been invested in its supply chain, using AI to enhance produce freshness and delivery logistics.
- •Walmart replaced AstraZeneca in the tech-focused Nasdaq-100 Index, solidifying its position as a tech heavyweight.
Why It Matters: Walmart's strategic AI and digital transformation efforts propelled it to a $1 trillion valuation, joining tech giants.
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