Walmart’s $1 Trillion Milestone Intensifies Its Rivalry With Amazon
The retailer has many attributes of a high-flying tech stock.
A Walmart store in Pittsburg, California.
Photographer: David Paul Morris/BloombergWalmart, a company best known for its bargains, hit a trillion-dollar milestone yesterday. But its valuation isn’t the only thing it has in common with tech companies, Bloomberg News equities reporter Peyton Forte writes. Plus: Trump’s efforts to cut drug prices in the US drive them higher elsewhere , and the challenge of hosting the Winter Olympics in a world with less snow.
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