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Walmart (WMT) Stock Surges to New All-Time High Amid OpenAI Partnership

Walmart (WMT) Stock Surges to New All-Time High Amid OpenAI Partnership

Published:
2025-10-16 02:55:01
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BTCCSquare news:

Walmart shares climbed 5.6% this week, reaching a record $108 after announcing a commerce integration with OpenAI's ChatGPT. The collaboration enables instant purchases through AI-recommended products, signaling Walmart's aggressive push into conversational commerce.

The retailer's stock has gained 32% over the past year, weathering post-earnings volatility in August. Analysts at BTIG attribute the momentum to Walmart's hybrid digital-physical strategy, initiating coverage with a $120 price target. DA Davidson similarly endorsed the stock, citing AI's potential to transform customer acquisition.

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