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Google-Parent Alphabet to Replace Verizon in Dow Jones Industrial Average

Alphabet joined the Dow Jones Industrial Average on June 29, 2026. The company took the place of Verizon, ending the telecommunications firm's 22-year tenure in the index. This shift adds a trillion-dollar AI applications leader to the group.

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What changed

The transition from Verizon to Alphabet is now confirmed as completed.

Live updates

  1. Alphabet Replaces Verizon in Dow Jones Industrial Average

    Alphabet joined the Dow Jones Industrial Average on June 29, 2026. The company took the place of Verizon, ending the telecommunications firm's 22-year tenure in the index. This shift adds a trillion-dollar AI applications leader to the group.

    What's confirmed:

    • Alphabet entered the Dow Jones Industrial Average on June 29, 2026.
    • Alphabet replaced Verizon in the index.
    • S&P Dow Jones Indices announced the change.
    • Verizon had been part of the Dow for 22 years.
    confidence 100%

  2. Alphabet Replaces Verizon in Dow Jones Industrial Average

    Alphabet officially joined the Dow Jones Industrial Average on June 29, 2026. The company took the place of Verizon, which had been in the 30-member index for 22 years. Alphabet shares rose roughly 4% on the first day of inclusion.

    What's confirmed:

    • Alphabet replaced Verizon in the Dow Jones Industrial Average on June 29, 2026.
    • Verizon was part of the index for 22 years.
    • Alphabet stock rose roughly 4% on its first day in the index.
    • The change reflects the growing role of AI in the U.S. economy.

    Still unconfirmed:

    • This is the 54th time companies have been added or removed from the index since its inception.
    • Verizon entered the index in 2004 to replace AT&T.
    confidence 100%

  3. Alphabet to Replace Verizon in Dow Jones Industrial Average

    Alphabet will join the Dow Jones Industrial Average on June 29, 2026. The company replaces Verizon in a reshuffle to increase the index's exposure to AI and cloud technology. Alphabet joins other tech giants including Microsoft, Apple, Amazon, and NVIDIA.

    What's confirmed:

    • Alphabet will replace Verizon in the Dow Jones Industrial Average.
    • The change takes effect prior to trading on Monday, June 29, 2026.
    • S&P Dow Jones Indices announced the swap after the market closed on Tuesday, June 23.
    • Verizon held its seat in the index for 22 years after joining in 2004.
    • Alphabet joins NVIDIA, Amazon, Apple, and Microsoft in the index.

    Still unconfirmed:

    • This is the first change to the index since 2024.
    confidence 100%