Walmart becomes the first retailer to join $1 trillion club

BENTONVILLE, Ark. (KNWA/KFTA) There’s a new member of the trillion-dollar club.

On Tuesday, Walmart became the first retailer to pass the $1 trillion market cap threshold.

CNBC reports that Walmart’s stock has jumped more than 24% in the last year, and roughly 11% so far in 2026.

The milestone comes just days after the new Walmart CEO, John Furner, assumed the position, succeeding longtime CEO Doug McMillon.

Walmart joined the Nasdaq 100 index in December after spending more than five decades on the New York Stock Exchange.

11 other companies are in the trillion-dollar club, with almost all of them being technology companies, according to Investopedia.

The companies Walmart joined in the club are:

– Nvidia
– Alphabet
– Apple
– Microsoft
– Amazon
– Meta
– Taiwan Semiconductor Manufacturing Company
– Broadcom
– Tesla
– Berkshire Hathaway