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Stock impact report

Walmart reaches $1tn market value [Yahoo! Finance]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: Yahoo! Finance
According to Reuters , the company's stock has risen 468% over the past ten years, driven by what the report describes as its ability to attract higher-income consumers seeking convenience and lower prices, while still retaining its traditional customer base. Over the past five years, the retailer has expanded its online marketplace to more than half a billion items, introduced one-hour delivery in selected locations and launched Walmart+, a subscription service positioned against that of Amazon. It has also built a $4bn advertising business, a move that has supported profit margins. The valuation threshold was reached shortly after the group shifted its stock listing from the New York Stock Exchange to the Nasdaq. Walmart now sits among a small cluster of US companies worth at least $1tn, which include Amazon, Meta and Microsoft. John Furner, who took up the role of global CEO on 1 February, faces the task of stepping up technology spending in a retail environment increasi Show less Read more
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