Google just took crown Verizon held for 22 years
Alphabet is replacing Verizon in the Dow Jones Industrial Average, marking the end of a 22-year tenure for the telecommunications firm.
Velocity
How fast coverage is spreading — measured hourly from article rate × source diversity. How this works →
📍 How it ended
Alphabet joined the Dow Jones Industrial Average as the index removed Verizon. The change concluded the departure of the telecommunications company after its 22-year tenure as a component.
Epilogue added 136d ago, after coverage quieted.
The brief
Alphabet, the parent company of Google, has officially joined the Dow Jones Industrial Average. Coverage from Yahoo Finance, Real Investment Advice, Business Insider, The Motley Fool, and Axios identifies this as a significant shift in the index's composition.
Outlets highlight the long-standing nature of Verizon's inclusion and note that other components of the index remain under scrutiny. Future developments remain dependent on index performance and potential shifts in market composition.
Reports have mentioned speculation regarding future candidates for inclusion, such as SpaceX, though coverage does not specify further adjustments to the index at this time.
Synthesized by PULSE from the headlines below under a strict no-invention contract. ✓ fact-checked: unsupported claims removed (83% supported) Updated 136d ago.
Quick answers
What happened to Verizon's position in the Dow?
Verizon was removed from the Dow Jones Industrial Average, ending a 22-year tenure.
Who replaced Verizon in the index?
Alphabet, the parent company of Google, was added to the Dow Jones Industrial Average.
Are there other companies being considered for the index?
Coverage mentions speculation regarding SpaceX as a potential future addition, though no formal plans have been confirmed.
Coverage (6)
- The Dow Jones Industrial Average Changes Forever Today: Google Parent Alphabet Is In, Verizon Is Out, and a Longtime Component Is on Thin Ice Yahoo Finance · 139d ago
- Alphabet Joins The Dow Jones Industrial Average Real Investment Advice · 139d ago
- Alphabet stock is finally joining the Dow. What took so long? Business Insider · 139d ago
- The Dow Jones Industrial Average Changes Forever Today: Google Parent Alphabet Is In, Verizon Is Out, and a Longtime Component Is on Thin Ice The Motley Fool · 139d ago
- Alphabet Is Joining the Dow Jones Industrial Average. 3 Surprising Reasons Why SpaceX Could Be Next. Yahoo Finance · 139d ago
- Dow set to add Alphabet and drop Verizon Axios · 139d ago
Topics
Related trends
AT&T begins shutting down landline services in Middle Tennessee this weekend, here's what to know
AT&T begins shutting down landline services in Middle Tennessee this weekend as carriers nationwide retire copper networks.
Owlet issues warning to parents after child dies from loose cable attached to smart baby monitoring camera system
Owlet issues an urgent warning to parents following a child's death tied to a smart monitor cable.
Microsoft outage 'stark reminder' of how much we rely on tech
A massive global Microsoft outage triggers widespread disruptions, sparking urgent warnings from IT experts and officials worldwide.
US producer prices rise moderately in October, but inflation broadens out
Wholesale prices rose 0.3% in October, pushing the annual rate to 6.5%, according to recent financial coverage.
Jensen Huang Lost His Job. Wall Street Lost Its Biggest Prize.
Nvidia CEO Jensen Huang has resigned following revelations of romantic relationships and a classified Rubio memo.
Musk says Nvidia will lose 'critical' deals without Jensen Huang
Coverage from The Motley Fool and Yahoo Finance details corporate movements and investor risks surrounding Nvidia and Jensen Huang.