Alphabet added to Dow Jones Industrial Average, replacing Verizon

Live updates

1. 1h ago

   Alphabet shares rise 4% during Dow Jones debut

   Alphabet officially replaced Verizon in the 30-member Dow Jones Industrial Average. The company's stock rose roughly 4% on its first day in the index. This transition reflects a broader shift toward Big Tech and AI.

   What's confirmed:

   • Alphabet replaced Verizon in the Dow Jones Industrial Average.
   • Alphabet shares rose roughly 4% on the first day of its inclusion in the index.
   • The Dow Jones Industrial Average is a 30-member index.

   Still unconfirmed:

   • The index's inclusion of Alphabet carries limited mechanical impact.
   • The stock remains under pressure due to major AI questions.
   • The move is a signal of the index's shift toward cloud computing and AI.
   confidence 100%
2. 5d ago

   Alphabet Replaces Verizon in Dow Jones Industrial Average

   Alphabet, the parent company of Google, is joining the Dow Jones Industrial Average. The company replaces Verizon in the 30-stock index. The transition is scheduled for June 29.

   What's confirmed:

   • Alphabet will replace Verizon in the Dow Jones Industrial Average.
   • Alphabet is the parent company of Google.
   • Alphabet is scheduled to enter the index on June 29.
   • S&P Global announced the change on Tuesday.
   • Honeywell International will remain in the Dow Jones Industrial Average.

   Still unconfirmed:

   • Retail investors are eyeing a $400 level for GOOGL stock.
   confidence 100%