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 ...

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 ...

Several megacap tech companies have grown fast enough that Walmart was unlikely to keep its lead forever. In the next year, based on total revenue, Amazon.com Inc. (NASDAQ: AMZN) will pass it.

Walmart’s reign of being the top revenue generator in the S&P 500 has been long and stable, clocking in at 12-consecutive years. But this era is likely coming to an end. As CNBC reports, Amazon ...

Walmart is eliminating scores of jobs and asking workers to move to central offices in Arkansas or California, continuing the retailer’s push to consolidate its corporate footprint. Multiple tech ...

E-commerce giant Amazon (AMZN) has finally seen its revenue surpass that of retail king Walmart – 10 years after Amazon’s market cap surpassed Walmart’s in 2015. At that time, Amazon’s ...

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 ...

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 ...

With analysts forecasting revenue of $187 billion, Amazon is set to surpass Walmart in quarterly sales for the first time, according to CNBC. However, slowing cloud growth at Microsoft and Google ...