Amazon dethrones Walmart as biggest global company

Supreme Court rules against Trump's tariffs as blizzard grounds flights across the U.S.

Published on Feb. 23, 2026

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Amazon has officially surpassed Walmart as the largest global company by revenue, with its revenue growing at nearly 10 times the pace of Walmart's over the past decade. The Supreme Court has ruled against President Trump's tariffs, potentially providing relief for companies burdened by higher costs. Meanwhile, a blizzard has grounded thousands of flights across the U.S., which could cost airlines money.

Why it matters

The shift in the global company rankings reflects Amazon's diversification beyond e-commerce into cloud computing, entertainment, and AI, while Walmart has struggled to keep pace. The Supreme Court ruling on tariffs could ease inflationary pressures, and the airline disruptions highlight the financial impact severe weather can have on the industry.

The details

Amazon's revenue has increased at almost 10 times the pace of Walmart's over the past decade, allowing it to surpass the retail giant as the world's largest company by revenue. The Supreme Court ruled against President Trump's tariffs, potentially providing relief for companies burdened by higher costs from the duties. Thousands of flights have been canceled due to a blizzard from Delaware to Boston, which could cost airlines money, though they have waived change and cancellation fees ahead of the storm.

  • Over the past decade, Amazon's revenue has increased at almost 10 times the pace of Walmart's.
  • The Supreme Court ruled against President Donald Trump's tariffs on Monday.

The players

Amazon

An e-commerce and technology company that has diversified into cloud computing, entertainment, and AI, allowing it to surpass Walmart as the world's largest company by revenue.

Walmart

A retail giant that has struggled to keep pace with Amazon's rapid revenue growth over the past decade.

President Donald Trump

The former U.S. president whose tariffs were ruled against by the Supreme Court.

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The takeaway

The shift in the global company rankings and the Supreme Court's ruling on tariffs reflect the evolving landscape of the business world, with Amazon's diversification and the potential easing of inflationary pressures. Meanwhile, the airline disruptions underscore the importance of companies being prepared for the financial impact of extreme weather events.