Amazon surpassed its retail rival Walmart in quarterly sales for the first time ever. Walmart held the top spot in that department for over a decade. Amazon owes much of its success not only to its retail arm,

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Amazon.com's quarterly revenue surpassed Walmart's sales in the fourth quarter for the first time in 25 years since the year 2000.

Amazon’s most recent quarterly revenue was $8bn higher than Walmart’s Solid holiday season 2024 performance raises Amazon figures Walmart continues to battle with the high costs of physical stores It might be the world’s fourth-most valuable company,

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Walmart’s expanding same-day delivery range comes in the thick of the retailer’s fast shipping race with Amazon. Amazon reported earlier this month that it delivered more than 9 billion items either the same day or next day in 2024.

The world's biggest retailers are pumping money into artificial intelligence investments in a bid to boost efficiency.

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Arguably, the biggest reason why Walmart's stock has been on such a tear in recent years is that Wall Street is rewarding Walmart for its investments paying off. Walmart CFO John Rainey said the following on the fourth-quarter earnings call: