Walmart became the first retailer to join the $1 trillion market cap club Tuesday.

Shares of the world’s largest traditional retailer gained 3%, helping it join a small group of primarily tech firms with a 13-figure valuation. The company has seen rising sales over the past year, despite struggles from competitors like Target, as it attracts more high-income shoppers and leans into AI technology.

That success has enriched the Walton family. Founder Sam Walton’s oldest son and former chair, Rob, is worth around $146 billion as of Tuesday.

Disney named Josh D’Amaro, the head of its theme parks, as its next CEO, set to take the reins after longtime chief executive Bob Iger steps down in March. The appointment of D’Amaro, who oversaw a massive $60 billion investment in the company’s parks and experiences division in 2023, ended a closely-watched search for Iger’s successor.

President Donald Trump signed legislation to end the partial government shutdown after it was approved by the House on Tuesday. The shutdown debate centered around the Trump Administration’s immigration crackdown, but Democrats agreed to a new funding package that separated Department of Homeland Security funding from five other agencies—with a two-week deadline to negotiate DHS reforms.

Gold and silver rebounded Tuesday after last week’s selloff, though the precious metals haven’t yet returned to the record highs they recently reached. The metals are seeing a “renewed wave of buying” following the plunge, one investor strategist told The Guardian, as analysts had predicted the losses would be short-lived.

PayPal is suffering from increasingly crowded competition in the payments market. The company’s shares fell 17% on Tuesday, and for the first time since it split from eBay in 2015, PayPal is worth less than its former parent company. The financial........

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