Walmart is the world’s largest private employer, with about 2.1 million employees worldwide.
The company operates over 10,000 stores and clubs across more than 20 countries, employing around 1.6 million workers in the U.S. alone. Its massive global workforce underscores Walmart’s dominant position in retail and its significant influence as an employer.
This scale highlights the challenges and responsibilities that come with being the single largest private employer on the planet.
Market Wrap
Markets Rebound as Middle East Tensions Ease
Middle East Tensions Ease Amid Diplomatic Overtures:
Reports that Iran is signalling interest in de-escalating the conflict with Israel, potentially resuming nuclear talks, were welcomed by investors. This helped global equities rally and oil prices to drop, easing inflation concerns.
G7 Divisions on Trade and Geopolitics Resurface:
At the G7 summit held June 16–17 in Canada, leaders failed to issue a joint communique for the first time in over a decade—highlighting sharp divides over tariffs, Middle East policy, and Russia. U.S. President Trump’s push to retain “tariff tools” and his remarks supporting Russia’s G8 return underscored widening policy rifts, raising investor concerns over global coordination and geopolitical stability.
U.S.–UK Trade Deal Announced:
President Trump announced the finalization of a new U.S.–UK trade pact at the summit. The agreement reduces tariffs on goods like steel, aluminium, beef, and ethanol—boosting optimism around transatlantic trade flows.
Advanced Micro Devices Inc. shares surged ~8.8% after Piper Sandler raised its price target following the launch of new AI chips, highlighting renewed optimism in AMD’s growth trajectory.
Lockheed Martin Corp. shares fell ~3% as easing tensions between Israel and Iran prompted investors to scale back recent defense-sector bets. The pullback followed Friday’s sharp rally, when geopolitical escalation had boosted expectations for increased military demand.
U.S. Steel Corp. shares jumped ~5.1% after U.S. regulators approved its acquisition by Nippon Steel, combined with a $14 billion investment plan and a golden share provision securing U.S. oversight.
Roku Inc. shares rallied ~10% following news of a new ad-sales partnership with Amazon, expected to boost revenue by integrating Roku’s viewers into Amazon's ad-buying system.
Sarepta Therapeutics shares plummeted ~42% after halting Elevidys infusions due to a second patient death from liver failure, triggering investor fears over clinical setbacks and regulatory scrutiny.
Sage Therapeutics shares saw a sharp rise of ~35% after Supernus Pharmaceuticals agreed to acquire it in a $561 million deal, including potential milestone payments boosting upside.
Unlock Exclusive Insights - For Free!
Create a free account to view data on 1000s of other stocks
You can preview data without registering for the Magnificent Seven now :