Home Depot Unveils Nationwide Express Delivery with Gates Foundation Stake
Home Depot (NYSE:HD) has rolled out its nationwide Express Delivery service, offering three-hour delivery for customers across the US. This new service uses Home Depot's existing store network for rapid fulfillment, catering to both Pro and DIY customers.
The Bill & Melinda Gates Foundation Trust has initiated a significant new equity position in Home Depot, adding the retailer to its portfolio. This move points to a wider shift toward companies using logistics and technology more aggressively, as investors track 74 profitable AI stocks that aren't just burning cash.
With its large home improvement retail network in the US and internationally, Home Depot operates numerous locations that can double as local fulfillment hubs. The company's scale and $336.9b market cap help frame how logistics moves and large institutional interest fit into a mature Specialty Retail business.