Walmart knocked from top of Fortune 500 list by ‘behemoth’ company

Walmart has been displaced from the top position of the Fortune Global 500 list by a behemoth company. This annual ranking identifies the largest companies in the world based on their total revenue. The shift indicates a change in the leadership of the Fortune Global 500, as the retail giant Walmart was knocked from its primary spot by another massive entity within the global business landscape's revenue-based rankings for the current year.