00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Walmart became the first retailer to reach a $1 trillion market valuation on Tuesday
00:07as its shares climbed nearly 26% over the past year, according to Reuters.
00:12The stock has risen 468% over the past decade, outpacing the S&P 500,
00:18as Walmart attracted higher-income shoppers while retaining lower-income customers.
00:23Over the past five years, the company expanded its online marketplace to more than half a billion
00:28items, launched one-hour delivery, introduced Walmart Plus, and built a $4 billion advertising
00:33business. Walmart invested billions in AI-driven supply chain automation, helping it beat U.S.
00:39same-store sales estimates for 15 straight quarters. The retailer accounts for $1 and $4 spent on
00:46groceries in the U.S. and recently joined the NASDAQ 100 Index. Shares traded at $127.10
00:53in afternoon trading. For all things money, visit Benzinga.com.
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