Walmart Joins $1 Trillion Club After 26% Stock Rally
Walmart became the first retailer ever to hit $1 trillion in market valuation on Tuesday, riding on a year-long rally that has seen its shares rise nearly 26%, putting it…
Walmart to cut PhonePe stake by 12% in IPO, Tiger Global and Microsoft to exit
Walmart will trim its stake in PhonePe by about 12% in the Indian payments firm's much-anticipated initial public offering, while Tiger Global and Microsoft plan to exit their stakes, according…
Walmart partners with Google Gemini to simplify product discovery and shopping
Walmart and Google said Sunday that shoppers will soon be able to use Google’s artificial intelligence assistant Gemini to more easily discover and buy products from the retail giant and…
Walmart to Replace AstraZeneca in Nasdaq-100
Walmart will replace British drugmaker AstraZeneca in the Nasdaq-100 Index on January 20, the exchange operator said on Friday. The retail giant said in November it would shift its longtime…
Walmart Taps Alquist 3D to Build 8,000-Sq-Ft Pickup Hub in Tennessee
Walmart partnered with construction company Alquist 3D last year to build an almost 8,000-square-foot addition to its store in Athens, Tennessee, for online order pickup and delivery services. It is…
Walmart opened second milk processing facility in US, investment of $350 million
Walmart said on Tuesday it had opened a second milk processing facility in the United States at an investment of $350 million, as the U.S. retailer seeks to strengthen its…