Shares of Walmart remain the top S&P are today rallying after beating quarterly earnings and revenue estimates

posting big gains in e-commerce. Could its new online shopping gains now threaten the e-commerce king? is Amazon that's a question our dear

gerbosa is tackling this morning in today's tech check hey d

hey good morning Carl so Amazon Walmart they've been taking a page from each

other's playbooks for years while Walmart has pushed into e-commerce and

continues to do so at a very rapid clip, Amazon has also built up a huge real-world

footprint with its network of fulfillment centers.

Both are now building up advertising businesses have become major platforms for

third-party sellers.

They're both growing their membership programs.

They're the number one and number two largest private employers in the country.

But for decades Walmart has held the crown as America's largest retailer and company by

revenue.

Results from this past quarter though, they show that the competition between the two has never been fiercer and

that Amazon is on track to overtake Walmart in calendar first quarter.

Amazon growth's top line 13% year over year more than double the rate of Walmart's 6% growth.

And a lot of that doesn't actually have to do with e-commerce, but with AWS Amazon's

higher margin cloud computing unit that has grown by an average of 15% over the last

six quarters. In fact Amazon's online sales, they only grew by 7% last quarter

versus 21% for Walmart's e-commerce sales.

And so Walmart has been looking for its own high- margin business

outside of core retail, but they remain side businesses

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