Walmart Soars Beyond 'Magnificent Seven' as AI Drives Bull Market Surge
March 25, 2024
The current bull market is significantly propelled by advancements in artificial intelligence (AI).
A group of stocks known as the 'Magnificent Seven' is leading the AI-driven market surge.
Walmart, with a market capitalization of $496 billion, is investing heavily in AI and integrating it into its business model.
Walmart has developed AI route optimization technology and is marketing this solution to other companies.
Although Walmart's revenue is higher than that of the 'Magnificent Seven,' it was not listed among The Motley Fool's Stock Advisor team's 10 best stocks for future investments.
Walmart's stock has experienced a notable increase, rising over 30% in the past year.
Summary based on 2 sources
Get a daily email with more AI stories
Sources

Yahoo Finance • Mar 25, 2024
Meet a $496 Billion Artificial Intelligence (AI) Stock That's Not in the "Magnificent Seven"