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WMT Jun 2025 48.330 call
- Yahoo Finance Video
How the Fortune 500 has evolved: Opening Bid
The Fortune 500 is one of the oldest and most prestigious lists in the financial media world. First published in May 1955, the Fortune 500 ranks companies based on their annual revenue. The top ten companies on the inaugural list included industrial giants like General Motors (GM), U.S. Steel (X), Chrysler, and oil powerhouses such as Jersey Standard (now Exxon Mobil (XOM)), and Gulf Oil. Fast forward to today, and the list has undergone a remarkable transformation, reflecting the rise of technology titans like Microsoft (MSFT), Nvidia (NVDA), and currently holding the top spot is discounted retailer Walmart (WMT). While the Fortune 500 showcases a company's revenue size, which is crucial for investors, it also sheds light on the visionary leaders steering these corporate giants. Yahoo Finance Executive Editor Brian Sozzi sits down with Fortune Editor-in-Chief Alyson Shontell to uncover the story behind the world's biggest companies and their trailblazing leaders. This post was written by Angel Smith
- Reuters
IPOs of Walmart's Flipkart, PhonePe could take couple of years, Walmart exec says
Initial public offerings of Walmart's Flipkart marketplace and PhonePe digital payments platform could take a couple of years, a Walmart executive said. "This is something we're looking at over the next couple of years,” Walmart’s executive vice president for corporate affairs, Dan Bartlett, said on the sidelines of the company's shareholder meeting near its Bentonville, Arkansas, headquarters, late on Thursday.
- Barrons.com
Walmart and Costco Are Thriving but the Rest of the Staples Sector Is Not
Inflation- and cost-conscious consumers are a problem for staples companies. But not for big retailers luring shoppers with bargains.
