economy
Alphabet added to Dow Jones Industrial Average, replacing Verizon
Alphabet will replace Verizon in the Dow Jones Industrial Average.
TL;DR
- Alphabet will replace Verizon in the Dow Jones Industrial Average.
- Alphabet's inclusion increases the representation of mega-cap technology in the index.
- The move is expected to enhance the Dow's exposure to AI, cloud infrastructure, and advertising.
- Alphabet has been making significant investments in AI.
- Despite recent stock performance, Alphabet's shares are up over 10% in 2026 and on track for a winning year.
- Verizon's low share price contributed to its minimal weighting in the price-weighted Dow index.
- Honeywell International will remain in the Dow under its new name, Honeywell Technologies, after a spin-off.