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7/10

Amazon Surpasses Walmart as Largest U.S. Company by Revenue

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Amazon has officially overtaken Walmart to become the largest company in the United States by annual revenue. This milestone marks the end of Walmart's 17-year reign at the top of the list, a position it had held consistently since 2009. The shift highlights a significant transformation in the American economy, reflecting the transition from traditional brick-and-mortar retail to e-commerce dominance. Amazon's rapid growth trajectory over the past two decades has culminated in this historic flip in rankings. While analysts had long anticipated this move, the official data reinforces investor confidence in Amazon's massive scale and diversified business model. The development underscores the increasing influence of technology-driven platforms over conventional retail giants in the global financial landscape.

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news.detail.sourcesSection:wsj.comfortune.com