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Alphabet is joining the Dow Jones Industrial Average, replacing Verizon

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Alphabet is joining the Dow Jones Industrial Average, replacing Verizon

The Google parent will enter the 30-stock index on June 29, giving the blue-chip benchmark broader exposure to AI, cloud, and digital advertising

Justin Sullivan / Getty Images

Alphabet $GOOGL will replace Verizon $VZ Communications in the Dow Jones Industrial Average effective before the opening of trading on June 29, 2026, index manager S&P Dow Jones Indices said.

According to S&P Dow Jones Indices, the addition brings into the DJIA a company whose business touches advertising, cloud infrastructure, artificial intelligence, hardware, autonomous mobility,........

© Quartz