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Originally published by Capital Business
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business
February 4, 2026
7mo ago

Walmart becomes first retailer to hit $1tn market value

Walmart becomes first retailer to hit $1tn market value

Walmart joins an elite club of mostly tech firms, including Nvidia and Alphabet, with valuations over $1tn. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Walmart has achieved a historic milestone, becoming the first traditional retailer to reach a $1 trillion (£730 billion) market valuation. This achievement places the retail giant in an exclusive group largely dominated by technology firms.

  • Walmart's market valuation is now $1 trillion, joining a club with companies like Nvidia and Alphabet.
  • The company's success is attributed to its booming e-commerce business, appeal to price-conscious shoppers, and investments in artificial intelligence (AI).
  • Walmart's online sales in the US jumped 28% in the three months to October 31, contributing to its emergence as a competitor to Amazon.

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Part of the Day's Coverage

Walmart Reaches $1 Trillion Valuation as Comac Challenges Boeing and PepsiCo Cuts Snack Prices - February 2026

Walmart has achieved a historic milestone, becoming the first traditional retailer to reach a $1 trillion market valuation, placing it in an exclusive group dominated by tech firms. In the aviation industry, China’s state-owned planemaker Comac is positioning itself at the Singapore Airshow as a rival to Airbus and Boeing, targeting the Asia-Pacific market. Meanwhile, PepsiCo is reducing prices on some of its snack products in the US, including Doritos, Lays, and Cheetos. This decision follows consumer backlash over recent price hikes.

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