- media@moneyinfocus.news
Alphabet will join the Dow Jones Industrial Average on Monday, replacing Verizon Communications in the latest adjustment to the 30-stock benchmark that tracks some of the largest publicly traded companies in the United States.
The change was announced by S&P Dow Jones Indices and increases the index’s exposure to technology-related businesses, including artificial intelligence, cloud computing, and digital advertising.
Alphabet will join other major technology companies already represented in the Dow, including Microsoft, Amazon, Apple, and Nvidia, reflecting the growing presence of technology firms among the largest companies in the U.S. equity market.
According to S&P Dow Jones Indices, Verizon’s relatively low share price reduced its influence within the price-weighted index. Unlike market capitalization-weighted benchmarks such as the S&P 500, the Dow Jones Industrial Average assigns greater influence to companies with higher share prices.
Alphabet enters the index with a share price significantly higher than Verizon’s, increasing its potential impact on daily movements in the benchmark.
The addition marks the latest update to the Dow’s composition following changes announced in 2024, when Nvidia and Sherwin-Williams replaced Dow Inc. and Intel.
Alphabet shares have gained more than 10% in 2026 despite periods of market volatility. The company remains one of the largest publicly traded firms globally and continues to invest in areas including artificial intelligence, cloud infrastructure, digital advertising, and consumer technology products.
The Dow Jones Industrial Average was created in 1896 and has undergone numerous changes over its history as the U.S. economy evolved. The index currently includes companies from sectors such as technology, healthcare, finance, consumer goods, industrials, and energy.
The latest adjustment reflects changes to the composition of the benchmark as determined by S&P Dow Jones Indices. Alphabet is scheduled to begin trading as a Dow component when the change takes effect on Monday.
Source: TradingView and S&P Dow Jones Indices.
