Walmart Joins $1 Trillion Club as Tech, Frugal Shoppers Fuel Gains

A rally in Walmart Inc. shares pushed its market capitalization past $1 trillion on Tuesday for the first time ever, vaulting the world’s largest retailer into a category typically occupied...

By Peyton Forte, Jaewon Kang · Bloomberg Markets

A rally in Walmart Inc. shares pushed its market capitalization past $1 trillion on Tuesday for the first time ever, vaulting the world’s largest retailer into a category typically occupied by Big Tech firms such as Nvidia Corp. and Alphabet Inc.