Benzinga·2026-02-20 07:41Group 1: Amazon's Market Position - Amazon has overtaken Walmart to become the top company in the Fortune 500 list for the first time in 13 years, with a total revenue of $716.9 billion compared to Walmart's $713.2 billion, which saw a 4.7% increase from the previous year [1] - In 2010, Amazon's revenue was only $34.2 billion, while Walmart's was $422 billion, highlighting the significant growth Amazon has experienced, particularly during the pandemic [2] Group 2: Amazon's Retail Strategy - Amazon is focusing on expanding its same-day online delivery service and plans to open over 100 new Whole Foods stores in the coming years [2] Group 3: AWS Contribution - Amazon Web Services (AWS) reported $45.6 billion in operating income on $128.7 billion in revenue for 2025, marking a 20% year-over-year increase, and while it contributes less than 20% of Amazon's total revenue, it accounts for over half of the company's operating profit [3] Group 4: Walmart's Adaptation - Walmart is adapting to changing consumer patterns, with U.S. e-commerce growing 27% year-on-year and global online sales up 24%, making e-commerce 23% of Walmart's U.S. sales, a record high [4] - Walmart is investing in AI-driven shopping, partnering with OpenAI for in-app browsing and checkout within ChatGPT, and has introduced its own generative AI assistant, Sparky, for personalized shopping support [5] Group 5: Stock Performance - Year-to-date, Walmart's stock has increased by 10.74%, while Amazon's stock has declined by 9.55% amid a broader tech sell-off [6]