Walmart now has roughly the same earnings valuation as Alphabet although the Google parent is growing much faster than Walmart. The company announced a few weeks ago that it was raising starting salaries for long-haul truckers to as high as $110,000, nearly double the national average, according to Glassdoor. Most of Walmart's retail peers haven't yet announced earnings, but Amazon (NASDAQ: AMZN) reported an operating loss of more than $1.5 billion in its North American e-commerce business, a sign that it faced stiff headwinds from inflation and excess capacity after ramping up during the pandemic.