Alphabet Inc., the parent of Google, joins the Dow Jones Industrial Average as Verizon Communications is removed from the 30-stock benchmark. Multiple outlets report that the change takes effect prior to the opening of trading on Monday, June 29, 2026, with Alphabet taking Verizon’s place. The updates also note that this shift expands the index’s exposure to sectors associated with Alphabet’s business, including AI, cloud computing, and digital advertising. One source further adds that Honeywell International remains in the index as part of the broader maintenance of Dow components. The move is also described as continuing a broader tilt toward technology-oriented companies, with Alphabet becoming the fifth member of the “Magnificent Seven” group to be included in the Dow Jones Industrial Average. Taken together, the reports describe a scheduled index-rebalancing by the index provider, with no indication in the provided coverage of additional substitutions beyond the Verizon-to-Alphabet switch and the confirmation that Honeywell stays.