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Walmart

Walmart is a multinational retail corporation that operates a chain of discount department stores, grocery stores, and hypermarkets. Founded in 1962 by Sam Walton, Walmart has become one of the largest companies in the world, with over 11,000 stores in 27 countries. The company is led by CEO Doug McMillon. Walmart faces competition from other retail giants such as Amazon, Target, and Costco.

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Art by Mike Sullivan.
Exclusive

Amazon Curbs Misleading Markdowns Ahead of Prime Day Sale

By Ann Gehan · Apr 3, 2026 10:16am PDT
Amazon is taking steps to curb misleading markdowns on its retail site ahead of its annual Prime Day sale this summer, steps that could cut down on eye-popping Prime Day deals while addressing complaints that some discounts are overstated. Over the next two months, Amazon will closely track what shoppers have been paying for items in the run-up... Amazon is taking steps to curb misleading markdowns on its retail site ahead of its annual Prime...
Traders on the New York Stock Exchange floor. Michael Nagle/Getty Images.
The Briefing

Nvidia Stock is Cheap—What That Signals

By Martin Peers · Mar 30, 2026 5:00pm PDT · 3 comments
Here’s a startling statistic: The last time Amazon shares traded as cheaply as they are now, as a multiple of earnings, was during the 2008 financial crisis, according to Koyfin data. Indeed, Amazon’s stock is so cheap that it’s trading at a discount to Walmart for the first time ever. Considering that Amazon’s revenue is growing at roughly... Here’s a startling statistic: The last time Amazon shares traded as cheaply as they are now, as a...
Art by Mike Sullivan.
Exclusive

OpenAI’s Shopping U-Turn Could Complicate Enterprise Playbook

By Ann Gehan · Mar 23, 2026 6:00am PDT · 1 comment
OpenAI’s abrupt shopping pullback earlier this month didn’t just raise questions about its decision-making. It also affected several commerce and payments firms, including PayPal and Etsy, that have put in work to help the ChatGPT maker expand the high-profile shopping venture and are now in limbo as it sorts out what’s next. And in the case of... OpenAI’s abrupt shopping pullback earlier this month didn’t just raise questions about its...