Walmart stock price trades sideways despite a potential $25 billion new investment

Walmart (NYSE: WMT) stock price is trading nearly unchanged on the week despite media reports that the giant is looking to invest up to $25 billion in Tata Group’s new “super app”. Fundamental analysis: Reliance continues to attract attention According to the latest media reports, Walmart is currently in discussions with Tata Group and the two companies could agree to roll out the super app as a joint venture, leveraging on the teamwork between both companies’ e-commerce units, the report said. The decision comes after Reliance Industries Ltd secured more than $20 billion in investments from major companies such as