Compare the Earnings and Free Cash Flow of Amazon and Walmart and explain which of those two businesses is more valuable. Amazon is worth way more than Walmart, but Walmart makes more money than Amazon. Amazon currently faces a cash flow issue. On the other hand, Walmart has a steadily positive cash flow and a lower capital requirement.

Please explain the reason why one of them is more valuable. Please cite specific examples from their income and cash flow statements to support your claims about their earnings and free cash flow.