Alphabet added to Dow Jones Industrial Average, replacing Verizon
u/Guy_PCS ·
Reddit — r/stocks
· June 23, 2026 at 22:40
· ⬆ 57 pts
· 💬 13 comments
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Summary
The post reports that Alphabet (GOOGL) will replace Verizon (VZ) in the Dow Jones Industrial Average on June 29.
It also notes Honeywell Aerospace will join the S&P 500, replacing Conagra Brands, while Honeywell remains in the Dow.
The author simply relays the S&P Dow Jones Indices announcement; no personal thesis or analysis is provided.
Quality assessment: This is news aggregation (no original research or DD). It is informational but not analytical.
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Key Points
* Alphabet will replace Verizon in the Dow Jones Industrial Average on June 29.
* Alphabet, the parent of Google, has one of the largest market capitalizations in the world.
* Honeywell Aerospace will join the S&P 500, replacing Conagra Brands.
* Honeywell would remain in the Dow following the completion of its spin off of Honeywell Aerospace.
* The California-based company will join megacap tech peers Nvidia, Amazon, Apple and Microsoft in the blue-chip index
S&P Dow Jones Indices said of the Alphabet addition; “Alphabet’s diversified technology and digital services portfolio spans advertising, cloud infrastructure, artificial intelligence, hardware, autonomous mobility, healthcare technology, and media distribution.”