Tue, 03 Feb 2026

Tue, 03 Feb 2026 Walmart becomes first retailer to hit $1tn market value

The milestone reflects the US retail giant's booming e-commerce business and investors' embrace of its AI investments.

* Walmart's market valuation exceeded $1 trillion (730 billion) for the first time, making it the largest traditional retailer to reach this milestone.
* This achievement puts Walmart into an exclusive group dominated by tech firms, including Nvidia and Alphabet.
* The company's share price rose over 3% on Tuesday following the news.
* Walmart's e-commerce business and investments in artificial intelligence (AI) have been key drivers of its success.
* Despite tariffs imposed by US President Donald Trump, which have raised prices for certain items, Walmart has managed to weather these import taxes better than some rivals due to its scale.
* The retailer's online business has helped it become a competitor to Amazon, with e-commerce sales in the US jumping 28% in the three months to October.
* Amazon's market value currently stands at $2.6 trillion, more than double Walmart's.
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