Walmart (WMT) shares are trading near all-time highs, closing at $133.89 ahead of its February 19 earnings report. Under new CEO John Furner, the retailer is launching a major digital overhaul to streamline operations and the shopping experience.
- The initiative includes replacing paper tags with digital shelf labels and integrating AI technology from OpenAI and Google.
- Analysts maintain a bullish outlook on the stock, despite a federal lawsuit from Estée Lauder concerning counterfeit goods on Walmart's marketplace.