Reported about 5 hours ago
After nearly a decade since its market cap surpassed Walmart’s, Amazon's revenue has now overtaken Walmart's, reporting fourth-quarter sales of $187.8 billion, a 10% increase. This milestone highlights Amazon's successful expansion beyond just online retail into cloud services and AI, with significant growth in both sectors. Investors who bet on Amazon's growth story have seen an impressive 802% increase since 2015, compared to Walmart's 331%.
Source: YAHOO