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 Clark Miller.

Visa and Mastercard Are Moving Fast Into Stablecoins

By Yueqi Yang · Nov 21, 2025 6:00am PST
Visa and Mastercard are moving quickly to embrace cryptocurrencies for payments, to take advantage of the rising popularity of stablecoins in developing countries and fend off competition from merchants trying to circumvent their networks. The companies ramped up their crypto payments business overseas and have been looking for acquisitions or... Visa and Mastercard are moving quickly to embrace cryptocurrencies for payments, to take...
Florida governor Ron DeSantis. Getty Images
The Briefing

Ron DeSantis Spotlights Key AI Question

By · Nov 20, 2025 5:00pm PST
We’re moving off the (unresolved) AI bubble debate to a much more fundamental question about AI. That is whether decisions about an enormously costly technology, which threatens to put many people out of work, should be left to tech leaders or discussed more broadly. It turns out Republicans may have the best handle on this issue, most obviously... We’re moving off the (unresolved) AI bubble debate to a much more fundamental question about AI....
Nvidia CEO Jensen Huang. Getty Images.
The Briefing

What to Expect From Nvidia Earnings

By Martin Peers · Nov 16, 2025 3:00pm PST
We’re heading into the last full workweek before Thanksgiving and plenty is going on. A short time ago, bets on prediction market Polymarket were giving an 88% chance that Google would release its much-anticipated Gemini 3 AI model this week. Google CEO Sundar Pichai on Friday fueled the speculation with this cryptic X post. Meanwhile, Microsoft... We’re heading into the last full workweek before Thanksgiving and plenty is going on. A short...
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To Court Big Brands, Walmart Throws Some Smaller Merchants Under the Bus

By Ann Gehan · Aug 18, 2025 6:00am PDT · 3 comments
For nearly 25 years, Tracey Shelley, an online merchant who sells products like Olay moisturizer, Coppertone sunscreen and Dr. Squatch deodorant, operated mainly on Amazon’s marketplace. But in the past few years, Shelley said she shifted nearly half her business to Walmart, as the retailer lobbied online sellers to sell on its site. In its... For nearly 25 years, Tracey Shelley, an online merchant who sells products like Olay moisturizer,...
Jeff Green, founder of The Trade Desk. Photo via Getty
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Walmart Backing Away From Trade Desk, an Amazon Ad Tech Rival

By Catherine Perloff and Theo Wayt · Aug 14, 2025 7:16am PDT
Amazon’s most direct rival in handling ad sales across the web, the Trade Desk, could be in danger of losing one of its most valuable clients—Walmart. Last year, Walmart renegotiated its four-year-old arrangement with the Trade Desk, under which advertisers buying spots on the Web using Walmart shopper data for targeting have to use the... Amazon’s most direct rival in handling ad sales across the web, the Trade Desk, could be in...
Left to right: Amazon CEO Andy Jassy, Walmart CEO Doug McMillon and President Donald Trump. Photos via Getty.
The Briefing

Walmart Helps Bail Out Amazon

By Theo Wayt · Apr 23, 2025 5:00pm PDT
Amazon CEO Andy Jassy needs to send a thank-you card to Walmart CEO Doug McMillon—because it looks like Walmart just helped bail out Amazon. President Donald Trump’s signal on Tuesday that he might reduce tariffs on Chinese imports from the current level of 145% followed a meeting the president held with McMillon and the CEOs of Target and Home... Amazon CEO Andy Jassy needs to send a thank-you card to Walmart CEO Doug McMillon—because it...