Bloomberg Intelligence

Walmart CEO Retires, US Head to Lead Retailer Into AI Age

Nov 14, 2025
Jennifer Bartashus, a senior analyst at Bloomberg Intelligence, shares insights on Walmart's CEO transition, highlighting Doug McMillon's tech-driven cultural impact and the company's future under John Furner amid AI advancements. Madison Muller discusses Merck's $9.2 billion acquisition of Cidara Therapeutics to secure flu treatment options post-Keytruda patent loss. John Butler analyzes Verizon's significant job cuts as part of a strategic shift under new CEO Dan Schulman, focusing on consumer-first priorities in a competitive telecom landscape.
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INSIGHT

Cultural Shift Drives Walmart's Tech Push

  • Doug McMillon shifted Walmart's culture from a supplier-bully to a technology-led, experiment-driven company.
  • That cultural change enabled faster digital adoption and willingness to try and fail, per Jennifer Bartashus.
INSIGHT

Stability Likely With New CEO

  • John Furner is expected to continue Walmart's existing strategy, not pivot dramatically.
  • Walmart's strong execution — market-share gains and digital growth — reduces the chance of a sudden strategic overhaul.
ADVICE

Why Investors Favor Walmart Now

  • Investors should value Walmart for its focused expansion in digital, marketplace, and higher-income customer retention.
  • These efforts support sustained top-line growth and improved long-term valuation potential.
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