Walmart CEO Retiring. He Built An E-commerce Empire To Rival Amazon

Group 1: Walmart - Doug McMillon, President and CEO of Walmart, will retire on January 31, 2026, after 12 years in the role [1] - McMillon began his career at Walmart approximately 30 years ago as an hourly, in-store employee [1] - John Furner, the current CEO of Walmart U.S., has been announced as McMillon's successor [1] - Following the announcement, shares of Walmart experienced a decline [1] Group 2: Nvidia - Sellers have begun to impact Nvidia stock and other AI stocks after significant price increases [2] - Nvidia is set to report earnings amidst a broader sell-off in the AI sector [2]