# Alphabet Joins the Dow Jones Industrial Average, Replacing Verizon — All Five Biggest Tech Giants Now in the Index

*2026-06-25 06:02 UTC · Business · 1 min read*

> Alphabet will replace Verizon in the Dow Jones Industrial Average on June 29, completing the index's Big Tech transformation with all five largest U.S. tech giants now represented.

Alphabet Inc., the parent company of Google, will join the Dow Jones Industrial Average (DJIA) effective June 29, 2026, replacing Verizon Communications. S&P Dow Jones Indices cited Alphabet's scale, stock price, and breadth of operations as making it a better fit for the Communication Services sector. Verizon's weighting in the DJIA had dwindled to just 0.5%, rendering it virtually negligible in the price-weighted index.

The DJIA's price-weighting methodology drove much of the rationale: Alphabet trades at roughly $350 per share compared to Verizon's $47, giving Alphabet far greater influence over the index's daily moves. The change marks a historic milestone — for the first time, all five of the largest U.S. technology companies by market capitalization (Nvidia, Amazon, Apple, Microsoft, and Alphabet) will hold seats on the iconic 30-stock benchmark simultaneously.

On the same date, Honeywell International will finalize the spin-off of its aerospace division, with the remaining parent entity continuing in the DJIA under the new name Honeywell Technologies Inc. The dual change reshapes one of the world's most closely watched financial indexes to better reflect the modern economy.

## Sources

- [finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/alphabet-replace-verizon-dow-jones-112538377.html)
- [press.spglobal.com](https://press.spglobal.com/2026-06-23-Alphabet-Set-to-Join-and-Honeywell-International-to-Remain-in-Dow-Jones-Industrial-Average)

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TechTools News · https://techtools.cz/tools/news/article/1887-alphabet-joins-the-dow-jones-industrial-average-replacing-verizon-all-five
Česká verze: https://techtools.cz/tools/news/clanek/1960-alphabet-vstupuje-do-indexu-dow-jones-misto-verizonu-v-prestiznim-indexu-je