Alphabet Inc. will join the Dow Jones Industrial Average. The company replaces Verizon Communications in the index. S&P Dow Jones Indices announced the change on June 24, 2026. The transition takes effect on Monday, June 29, 2026.
The inclusion increases index representation for artificial intelligence, cloud infrastructure, and digital advertising. Alphabet joins Apple and Microsoft in the 30-stock benchmark. This shift reflects the evolving landscape of the U.S. economy.
Alphabet shares rose modestly in overnight trading following the announcement. The move underscores the company's substantial market capitalization and broader market impact.