Walmart enters the trillion dollar market value club as the first retailer to achieve this milestone, with its stock price rising 468% over the past decade.

Retail giant Walmart's market value surpassed $1 trillion on Tuesday, making it the first retailer in the world to reach this scale, and joining the ranks of tech giants like Nvidia and Google parent company Alphabet. The company's stock price has risen by nearly 26% in the past year. Walmart's market value soared, benefiting from its strategy of attracting high-income consumers seeking quality and convenience, while also firmly holding onto its core low-income customer base. Over the past decade, its stock price has accumulated a 468% increase, far surpassing the S&P 500 index's increase of 264%, partially due to this dual-track strategy that competitors find difficult to replicate. Over the past five years, the company has expanded its online product assortment to over 500 million items, introduced one-hour delivery service, launched the Walmart+ membership service to compete with Amazon's Prime, and built a $4 billion advertising business, boosting profitability. Walmart has also early on made significant investments in artificial intelligence, pouring billions of dollars into supply chain automation to improve product freshness, speed up delivery, enhance inventory forecasting, and improve product search capabilities, giving it a leading edge on the operational side and continuously exceeding estimates for same-store sales market growth compiled by LSEG for 15 consecutive quarters. As consumers increasingly turn to online purchasing of groceries, investors' optimistic expectations for Walmart's AI investments further boost its stock price.