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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

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.

Topics:business#alphabet#business#dowjones#megacaptech#spglobal#verizon
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  1. Alphabet added to Dow Jones Industrial Average, replacing Verizon  CNBC
  2. Dow Jones Adds 5th Magnificent Seven Stock  Investor's Business Daily
  3. Alphabet to Join Dow Jones Industrial Average, Replacing Verizon  Barron's
  4. Alphabet to replace Verizon in blue-chip Dow Jones Industrial Average  Investing.com
  5. Dow swaps Verizon for Alphabet as Honeywell stays in the index  Stock Titan

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