Walmart hits trillion dollar market cap for the first time
AI Summary
In February 2026, Walmart's stock surged, pushing the company to a $1 trillion market valuation for the first time. This milestone was reached following the announcement of a new CEO and news of potential trade negotiations with India, a key country for Walmart's supply chain and domestic markets. The stock increase was also influenced by a recently announced trade deal between the United States and India, which is expected to reduce tariffs from 50% to 18%, benefiting Walmart's strategic shift of supply chain operations to India. While details of the trade deal are still being finalized, the market reacted positively to the prospect of reduced tariffs. Walmart joins a small group of companies with trillion-dollar valuations, including Amazon as the only other retailer.
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