With 99 hedge fund holders as of Q1 2026, Walmart Inc. (NASDAQ:WMT) is among the Top 10 Stocks That Members of Congress Own.
Walmart Inc. (NASDAQ:WMT) announced an important expansion of its retail media platform on May 28 through a more flexible approach to off-site advertising purchases
Walmart Connect will now allow advertisers to activate Walmart audiences and utilize closed-loop measurement across third-party platforms, beginning with integrations involving Yahoo DSP, VIZIO inventory, and Magnite’s technology platform. On the same day, Walmart Inc. (NASDAQ:WMT) announced the expansion of its 30-minute-or-less delivery service across 33 U.S. markets, significantly strengthening its e-commerce and last-mile delivery capabilities. Customers can now access more than 100,000 eligible products through the rapid-delivery program, including groceries, household essentials, electronics, health products, pet supplies, and prescription medications.
During the first quarter alone, Walmart completed millions of deliveries within 30 minutes across more than 19,000 ZIP codes, highlighting the growing consumer demand for convenience and the company’s ability to leverage its extensive store network to meet that demand. Walmart Inc. (NASDAQ:WMT) was founded in 1962 and is headquartered in Bentonville, Arkansas. The company operates a retail ecosystem with thousands of stores, e-commerce platforms, and membership-based warehouse clubs.