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deliciousturkey • today at 6:37 PM • 2 replies • view on HN

I think it's crazy that Walmart is worth 1T. It's grocery chain operating in limited number of contries. Shouldn't be worth much more than for example, Carrefour.


Replies

Legend2440 • today at 7:21 PM

Walmart is huge compared to Carrefour. They're the world's largest employer, and their yearly net profit is $22 billion compared to $300 million.

WarmWash • today at 6:49 PM

A lot of non-tech non-AI companies have seen outsized gains this year as people use them for AI hedging.