Walmart stock surged as a new CEO takes the helm and on news of a trade deal with India, a key supplier.

Walmart joins a group of mostly technology companies in the $1 trillion market cap club.

The milestone reflects the US retail giant's booming e-commerce business and investors' embrace of its AI investments.

Walmart's stock rose by 1% Tuesday to launch the company into the $1 trillion club just days after welcoming a new CEO to the helm of the retailer.

Walmart stock surged as a new CEO takes the helm and on news of a trade deal with India, a key supplier.