Yesterday, the largest U.S. retailer$Walmart (WMT) $The gap opened more than 2% higher to a record high of $117.6. According to the news, Walmart will replace AstraZeneca as a constituent stock of the Nasdaq 100 Index, replacing AstraZeneca's position in the Nasdaq 100 Index. The adjustment will take effect on January 20, 2026.Strategic trends: Cooperate with Google to launch AI shopping assistant Sparky to promote the transformation of "conversational e-commerce"; Expand cooperation with Google subsidiary Wing to cover emergency merchandise delivery across the United States.Market sentiment and institutional views: Among the 43 institutions, 14 "strongly recommend" and 29 "buy", with an average target price of $121.71 (a 3.2% premium to the current p
Walmart Eyes Top 10 Market Cap Next: Long-Term Hold or Fully Priced?
Walmart rose to record highs, as speculation grows that the stock could be added to the Nasdaq 100. The rally comes after Alphabet announced a partnership with Walmart and other major retailers to expand Gemini’s shopping capabilities—turning it from a smart assistant into a transaction-ready “virtual merchant.” The collaboration highlights how AI is moving closer to real-world commerce, with Walmart positioned as a key beneficiary. With shares at record highs, how likely is Walmart’s inclusion in the Nasdaq 100? Can Gemini-powered commerce meaningfully boost Walmart’s growth and margins?
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