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This is Scott Becker with the Becker Business Podcast and the Becker Private Equity Podcast. We talk about companies investing, business startups, private equity and a lot more here. And thank you for listening. Today's discussion is Walmart versus Amazon. So this is fascinating to watch. Walmart remains the number one company by sales in the country ahead of Amazon still. We know Amazon have been closing that gap over the years, but Walmart has proven to be tremendously resilient. They've been just incredibly resilient and continued to grow. So, so here's what's going on now in terms of their stock. Amazon made all kinds of efforts to become really a tech company versus a retail company. But as its tech side starts to soften just a little bit, AWS isn't growing as fast as it was and there's so much competition in that world. We're seeing the divergence between Walmart and Amazon. Amazon of course is still incredibly valuable. But Walmart, which is really a retailer but has moved very aggressively into E commerce over the last decade, is up this year 21% and just finished an all time high yesterday. Amazon in contrast, is down 2%. So fascinating to watch these two things diverge. Thank you for listening to the Becker Business and the Becker Private Equity Podcast. We keep watching this. A separate footnote on Amazon. Mackenzie Scott, the former wife of Jeff Bezos, also sold 42% of her shares in Amazon. I don't see it as anything to do with the relationship with Jeff Bezos, but just an interesting footnote that she's unloaded a lot of her shares as well. We hold the Amazon shares directly today. Today where I wish I hold I held Nvidia shares directly and I wish I held Walmart shares directly, but I don't. Thank you for listening to the Becker Business and the Becker Private Equity podcast. Thank you very, very much.
