On July 24, 2015, Amazon’s market cap surpassed Walmart’s. It took nearly 10 years for its revenue to do the same. The once-scrappy online retailer had already expanded into cloud services and ...
Amazon is likely to experience a first when it reports earnings Thursday evening. Analysts predict the company’s quarterly revenue will surpass its retail rival Walmart, which has held the top ...
Analysts surveyed by LSEG are expecting Amazon to report revenue of $187 billion for its latest quarter on Thursday. Walmart is projected to post quarterly revenue of $180 billion, when the ...
Amazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its brick-and-mortar rival by another key metric: revenue. For the past dozen years ...