Walmart shares closed at $129.02 (down 1.65%) as the company prepares for a leadership transition under incoming CEO John Furner. This follows a historic milestone where the retailer became the first traditional firm to surpass a $1 trillion market capitalization.
- John Furner’s 2026 strategy shifts focus from physical shelves to software, prioritizing AI-driven shopping, digital labels, and expanded e-commerce.
- Despite the company's recent growth, Goldman Sachs removed WMT from its top-pick list due to concerns regarding its current valuation.