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Walmart Joins Nasdaq-100 Elite
20 Jan
Summary
- Walmart replaces AstraZeneca on Nasdaq-100 index on January 20, 2026.
- New leadership team appointed to drive innovation and a new retail era.
- Walmart partners with Google to integrate AI assistant into shopping experience.
Walmart Inc. will be added to the Nasdaq-100 Index before the market opens on Tuesday, January 20, 2026, replacing AstraZeneca PLC. This inclusion highlights Walmart's significant presence in the market. The company is also undergoing a leadership transition to usher in a new era of retail innovation.
Key executive changes include John Furner stepping in as incoming President and CEO. The company is embracing technology, notably through a partnership with Google to integrate Gemini AI into its e-commerce platforms, aiming to improve customer shopping experiences.
Walmart, a global retail giant with a market capitalization of $955 billion, reported fiscal year 2025 revenue of $681 billion. The company employs approximately 2.1 million associates worldwide and operates over 10,750 stores. For fiscal year 2026, Walmart has projected growth in net sales and operating income.
