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Alphabet published to Dow Jones Industrial Average, replacing Verizon
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Alphabet will replace Verizon in the Dow Jones Industrial Average, S&P Global said Tuesday, further expanding mega-cap technology's presence in the blue-chip average.
Key facts
- Alphabet has been spending heavily on AI, including raising $141 billion in debt and equity since October
- Despite recent volatility, Alphabet's A shares are up more than 10% in 2026
- Before the Alphabet selloff, the company came off highs from the spring time, when Google had its best month on Wall Street since 2004
- Honeywell International will remain in the Dow under its new name, Honeywell Technologies, following the completion of its spin off of Honeywell Aerospace, S&P Global said
Summary
S&P Global said the Google parent's A shares, which trade under the ticker GOOGL, would take the spot in the 30-stock index ahead of the start of Monday's trading. The California-based company will join mega-cap tech peers Nvidia, Amazon, Apple and Microsoft in the blue-chip index. Alphabet has been spending heavily on AI, including raising $141 billion in debt and equity since October. But investors have grown weary recently, with Alphabet on Monday closing its worst day on the stock market in more than a year.