Walmart to Join Nasdaq 100 Index on January 20, Replacing AstraZeneca
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Nasdaq Index Change: Walmart will join the Nasdaq 100 Index on January 20, replacing AstraZeneca, which is expected to attract approximately $19 billion in inflows, further enhancing its market position.
- Market Value Growth: Walmart's market capitalization is nearing $1 trillion, with steady sales growth, particularly as online sales are projected to become profitable this year, showcasing its strong performance in the retail sector.
- Leadership Transition: CEO Doug McMillon will retire in February, with John Furner taking over amid rapid AI changes and global economic uncertainties, which is expected to drive the company towards an AI-driven transformation.
- Investment Product Dependency: The change in the Nasdaq 100 Index affects hundreds of billions in investment products, with assets tracking the index expected to exceed $600 billion by 2025, making Walmart's inclusion increasingly attractive to investors.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






