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Home » Alphabet to replace Verizon in Dow Jones Industrial Average
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Alphabet to replace Verizon in Dow Jones Industrial Average

adminBy adminJune 23, 2026No Comments2 Mins Read
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A sign at Google’s headquarters on Thursday, October 23, 2025, in Mountain View, California, USA.

Benjamin Fanjoy | Bloomberg | Getty Images

alphabet I will exchange verizon in Dow Jones Industrial Averageand S&P Global on Tuesday announced further expansion of MegaCap Technology’s presence in its blue-chip average.

S&P Global said Google’s parent company’s A shares, which trade under the ticker GOOGL, will be included in its 30-stock index ahead of the start of trading on Monday. After the bell on Tuesday, the online search giant’s stock rose about 1%.

California-based company plans to join mega-cap technology peers Nvidia, Amazon, apple and microsoft Included in blue-chip stock index. S&P Global said the addition of Alphabet will strengthen the Dow’s exposure to themes such as artificial intelligence, cloud infrastructure and advertising.

Alphabet has invested heavily in AI since October, raising $141 billion in debt and equity. The company has been trying to prove that a vertically integrated AI stack can generate profits.

But investors have been fed up lately, with Alphabet ending its worst day on the stock market in more than a year on Monday. The stock underperformed both the Nasdaq and other tech megacaps this session.

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Google A shares, 1 year

Before Alphabet’s collapse, the company was coming off a spring high, when Google had its best month on Wall Street since 2004. That came after Alphabet reported better-than-expected results due to a surge in cloud revenue.

Despite recent volatility, Alphabet’s A shares are up more than 10% in 2026. The company’s stock has posted four consecutive years of gains, and the seventh positive year out of the past eight.

Verizon’s low stock price meant it accounted for only about one-half point in the price-weighted index, according to S&P Global.

honeywell According to S&P Global, Honeywell Technologies will remain in the Dow under its new name after the Honeywell Aerospace spinoff is completed. However, S&P Global said that companies that have been spun off into separate companies will not be included in the index.

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