
On one side, Amazon (AMZN) is pouring nearly $200 billion into capital expenditures, doubling down on AI chips, cloud infrastructure, satellites, and ultra-fast delivery. On the other, Walmart (WMT) just crossed $700 billion in annual sales, is gaining share from higher-income households, and is turning advertising and memberships into powerful profit engines. Both are investing heavily in artificial intelligence (AI) and expanding their business at a rapid pace.
But if you are buying one stock to hold for the next decade, one has the stronger long-term case.