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Dive into a clear, no‑nonsense comparison of Amazon (AMZN) and Walmart (WMT) as we unpack what these two retail giants truly are—and aren’t. Are they the same kind of company, or are they playing entirely different games? We explore their shared strengths—everyday low prices, fast-growing ad businesses, and membership ecosystems like Prime and Walmart+—alongside their biggest differences, from Amazon’s tech and AWS dominance to Walmart’s grocery empire and 10,000+ physical stores. You’ll see how Walmart’s hybrid model is rapidly closing the e‑commerce gap, powered by 20–27% online growth. Then we look ahead to 2026: Amazon’s potential rebound driven by AWS recovery, AI demand, and projected 11%+ revenue growth Walmart’s steady, defensive 3–5% climb, fueled by Walmart+ and its booming Walmart Connect ad platform Who has the better upside from here? We break down the risks, advantages, and why many analysts still view Amazon as the comeback story, even after Walmart’s recent outperformance. Finally, we run a historical performance showdown—comparing 5‑ and 10‑year returns and revealing what 100 shares bought in 2015 would be worth today. © 2026 Jim Bauer