Amazon surpasses Walmart as Fortune 500 leader

Amazon has surpassed Walmart to become the top company on the Fortune 500 list, based on fiscal 2025 revenue, ending Walmart's 13-year streak at number one. Amazon’s revenue reached approximately $717 billion, slightly higher than Walmart’s $713 billion, with growth driven by e-commerce, cloud computing, advertising, and third-party services. This marks the first time since 2013 that Walmart does not hold the top spot.

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