Walmart Is America’s Biggest Retailer. But Amazon Is Catching Up.

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 15 May 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for May 15. For a decade, Walmart has held the title of America’s biggest company by revenue. But Amazon isn’t far behind. Retail reporter Sarah Nassauer explains. And U.S. inflation eased in April, with core prices posting their smallest increase since April 2021. Citigroup economist Veronica Clark has more. Plus, President Biden and former President Donald Trump agree to debates in June and September. Annmarie Fertoli hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So how do we get AI right?
0:02.0	Well, we need the right volume of data, the software to train it, and massive compute power, or...
0:10.0	Another one buys the dust.
0:12.0	Are you ready?
0:13.0	Are you ready for this?
0:14.0	Are you hanging on the edge of your seat?
0:16.0	But with HE Green Lake, we get access to supercomputing to power AI at the scale we need,
0:21.0	helping generate better insights.
0:22.6	All right.
0:25.4	Nice teamwork guys.
0:26.9	Search HPE Green Lake.
0:28.0	US inflation E. U.S. inflation eased in April with core price gains hitting their lowest level in years.
0:39.0	And Walmart is America's biggest retailer, but Amazon isn't far behind.
0:44.6	It's not a threat to Walmart's business to be the number two largest company in the country,
0:51.4	right?
0:52.4	But there are some business implications,
0:54.0	and there's also just some cultural identity implications for the company.
0:58.0	Plus, Slovakia's prime minister is in critical condition after being shot.
1:03.0	It's Wednesday, May 15th.
1:05.0	I'm Anne-Marie Fertoli for the Wall Street Journal.
1:07.0	This is the PM edition of What's News, the top headlines and business stories that moved the world today.
1:13.0	All eyes are on inflation these days,
	...

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