US Stock Market Move | Walmart Inc. (WMT.US) market value has exceeded 1 trillion US dollars for the first time, with a cumulative increase of 13% this year.
On Tuesday, Walmart (WMT.US) increased by 1.1%, with a year-to-date cumulative increase of 13%, and its market value surpassed the $1 trillion mark for the first time.
On Tuesday, Walmart Inc. (WMT.US) rose by 1.1%, with a year-to-date increase of 13%, surpassing a market value of 1 trillion US dollars for the first time. Some analysts pointed out that the recent investment in the field of artificial intelligence has helped boost the company's stock price. Walmart Inc. is promoting the introduction of AI technology in various aspects of its operations, which is currently being used to speed up processes such as scheduling and supply chain management. Earlier this year, Walmart Inc. announced a partnership with Alphabet to provide an AI-enhanced shopping experience on the Alphabet Inc. Class C Gemini platform; and more recently, they collaborated with OpenAI to allow consumers to browse and purchase their products directly through ChatGPT.
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Shareholder Nanjing Xingnaheyuan of Xueda (Xiamen) Education Technology Group (000526.SZ) intends to reduce their shareholding by no more than 0.5%.

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US Stock Market Move | Airlines stocks rise, JetBlue Airways Corporation (JBLU.US) up nearly 8%

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