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Walmart outlines big AI ambitions as it reports mixed results
Walmart reached a $1 trillion valuation driven by AI tools like Sparky and e-commerce growth, with revenues up 5.6%, though profits fell 19.4%, executives said.
- Walmart reported mixed fourth-quarter results, with revenues rising 5.6 percent to $190.7 billion and profits declining 19.4 percent, projecting slower earnings growth, analysts say.
- Rainey said advertising and e-commerce expansion, including growth of the Marketplace for third-party sellers, helped drive results in Walmart's US retail division this month.
- On Thursday, Sparky, Walmart's AI assistant, lifted order volumes by 3 percent, according to company claims.
- After reaching a $1 trillion valuation last month, Walmart moved to the Nasdaq and shares rose 2.6 percent in mid-morning trading.
- Rainey said they plan to lean into growth, amid leadership changes, while CFRA cautioned about opportunities and risks for retailers.
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Walmart outlines big AI ambitions as it reports mixed results
Walmart's newly installed leadership team on Thursday emphasized plans to build up artificial intelligence integration, lifting shares of the retail behemoth despite a cautious forecast.
·Missoula, United States
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Walmart, consumers and AI Walmart, consumers and AI amele.nebia game 19/02/26 - 16:27 CB+
Coverage Details
Total News Sources21
Leaning Left1Leaning Right2Center8Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
C 73%
R 18%
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