S&P Global announced on June 23 that Alphabet, the parent company of Google and YouTube, will join the Dow Jones Industrial Average on June 29, replacing Verizon. The historic reshuffle makes the Dow more reflective of the technology-driven US economy, adding Alphabet alongside Apple, Microsoft, Amazon, and Nvidia. It is the first change to the prestigious 30-stock index since 2024.
World · Jun 24 · L1-L4