Alphabet Replaces Verizon in the Dow, Expanding Megatech Presence

1 min read
Source: CNBC
Alphabet Replaces Verizon in the Dow, Expanding Megatech Presence
Photo: CNBC
TL;DR Summary

Alphabet will replace Verizon in the Dow Jones Industrial Average, joining Nvidia, Amazon, Apple and Microsoft; Honeywell remains in the Dow after spinning off Honeywell Aerospace, while Verizon is removed due to the index’s price-weighting, expanding megacap tech exposure and AI/cloud themes.

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