Yahoo Finance·2026-01-10 02:09Core Viewpoint - Walmart Inc will be added to the Nasdaq 100 Index, replacing AstraZeneca Plc, with the change effective before the market opens on January 20 [1] Group 1: Walmart's Market Position - Walmart's market value has approached nearly $1 trillion, driven by steady sales growth and share gains as consumers favor lower-priced essentials [4] - The company has expanded its digital operations, with its US e-commerce business expected to achieve profitability this year, alongside growth in advertising, marketplace, and membership revenue [4] - Walmart shares have increased by 146% on a total return basis over the past three years [5] Group 2: Index Impact and Inflows - Analysts from Jefferies Financial Group estimated that Walmart's inclusion in the Nasdaq 100 could lead to nearly $19 billion in inflows as index-tracking funds and exchange-traded products rebalance their holdings [2] - The Nasdaq 100 tracks the largest non-financial companies listed on the Nasdaq exchange, underpinning hundreds of billions of dollars in investment products, with over $600 billion in assets tracked through ETFs as of December 2025 [7] Group 3: AstraZeneca's Removal - AstraZeneca's removal from the Nasdaq 100 reflects a decline from its pandemic-era peak, primarily due to fading vaccine-related revenue and a shift in investor focus towards obesity treatments from competitors [6]