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points by deliciousturkey 1 day ago | 0 comments

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.

[–] Legend2440 1 day ago

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.

[–] projektfu 1 day ago

Carrefour appears larger because as you travel the world you will see them in the major city in every region.

Walmart, on the other hand, has a store close to most small towns in the US, as well as multiple in more metropolitan places.

[–] WarmWash 1 day ago

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

[–] ks2048 1 day ago

I think about what it would take for a small group of smart people to do what they do. Walmart? Seems hard. Meta? I could see that.

I know that’s oversimplifying and probably naive, but huge physical operations seem like more of a moat.

[–] whiplash451 1 day ago

You are probably saying this because you are coming from a tech background (my guess)

For people with a Walmart background, Meta is black magic