The Dow turned 130 in May and has undergone more than 50 adjustments since its inception. Two fatal flaws made telecom titan Verizon Communications expendable.
Google's YouTube has settled with a minor who claimed the platform caused mental health harms, ahead of the second California state-court trial over allegations the design of social media sites has fueled a mental health crisis among children, the plaintiff's attorneys said on Tuesday.
The change will take effect before the market opens on June 29, said S&P Dow Jones Indices, which manages the index.
NEW YORK, June 23, 2026 /PRNewswire/ -- Alphabet Inc. (NASD:GOOGL) will replace Verizon Communications Inc. (NYSE:VZ) in the Dow Jones Industrial Average (DJIA) effective prior to the opening of trading on Monday, June 29, 2026. Dow Jones Industrial Average constituent Honeywell International Inc. (NASD:HON) is spinning off Honeywell Aerospace Inc. (NASD:HONA) in a transaction expected to be completed on June 29.
Alphabet will join the DJIA and Honeywell Aerospace, a spinoff from Honeywell International, will join the S&P 500.
Dow Industrial's index provider hails Alphabet as ‘more representative' of communications sector.
Google-parent Alphabet will be the fifth Magnificent Seven stock to join the Dow Jones Industrial Average. Google stock is replacing Verizon.
Philippe Laffont, billionaire founder and portfolio manager of Coatue Management, framed artificial intelligence as the defining economic shift of the coming decades and predicted that the first $10 trillion company is on the horizon.
Alphabet will replace Verizon in the Dow Jones Industrial Average, S&P Global said Tuesday, further expanding megacap technology's presence in the blue-chip average.
Memory stocks get nailed