In a slow-motion race of two retail behemoths, Amazon's trump card was its lucrative cloud-computing business.
When the new Fortune 500 rankings are released later this year, there will be a new company atop them.
Walmart had been at the top of the Fortune 500 for 13 years.
The risk for Walmart investors is not that the business will suddenly break. It is that anything merely "fine" becomes a ...
Walmart ’s stock has more than doubled in the past two years, driving its market capitalisation above $1tn. Consumers seeking a reprieve from inflation have sought out its low prices, while the ...