{"id":559,"date":"2026-06-24T04:21:25","date_gmt":"2026-06-24T04:21:25","guid":{"rendered":"https:\/\/longhaulmovingpros.com\/?p=559"},"modified":"2026-06-24T04:21:25","modified_gmt":"2026-06-24T04:21:25","slug":"google-takes-verizons-place-in-dow-jones-industrial-average","status":"publish","type":"post","link":"https:\/\/longhaulmovingpros.com\/?p=559","title":{"rendered":"Google Takes Verizon\u2019s Place in Dow Jones Industrial Average"},"content":{"rendered":"
\n

S&P Dow Jones Indices, the manager of the Dow Jones Industrial Average, says that on June 29, Alphabet, Inc., the parent company of Google, will be added to the list, and Verizon will be removed.<\/p>\n

Read more Are British Civil Servants Merrily Playing \u2018GTA Online\u2019 at the Taxpayer\u2019s Expense?<\/a><\/p>\n

This is the first change to the list since 2024, when Dow (no relation) and Intel were removed to make room for Nvidia and Sherwin-Williams. That\u2019s a telling change, since a paint company isn\u2019t exactly the most scintillating addition. The stated purpose of this new change is to expose the average to market dynamism more than to compile a list of important companies. CNBC says the average is seeking to reflect market activity related to AI, cloud, and advertising.<\/p>\n

Nonetheless, with only 30 members, the Dow does feel like a highly selective club, and a stamp of blue-chip approval\u2014perhaps even more than its cousin, the S&P 500, which has, yeah, 500 members.<\/p>\n

It\u2019s worth keeping in mind, however, that there are no rules for inclusion in the index, so these matters can seem pretty arbitrary.<\/p>\n

Read more Cate Blanchett Launches \u2018Human Consent Registry\u2019 to Help Protect Your Likeness From AI Industry Scraping<\/a><\/p>\n

It\u2019s also worth remembering that the average is weighted by stock price instead of market capitalization, which adds to the arbitrariness. Historically, this means big changes to the stock price of Goldman Sachs have a huge impact on the average, but only because the price of an individual share of Goldman Sachs is so high compared to the other companies. One share of Goldman Sachs, as of this writing, costs $1,089.29, while one share of Alphabet, Inc. will set you back a mere $348.17 (and it\u2019s up about 1.7% in after hours trading off the Dow announcement).<\/p>\n

\n<\/div>\n

But the change isn\u2019t purely symbolic. Anyone in possession of common financial products like the State Street SPDR Dow Jones Industrial Average ETF, or the leveraged ProShares UltraPro Dow30 will soon be holding a little bit of Google whether they intend to or not.<\/p>\n

Read more A Program to Expand Rural Internet Access Now Looks Like a Slush Fund for Tech Billionaires<\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

It’s the first change to the famous list of 30 companies since 2024.<\/p>\n","protected":false},"author":1,"featured_media":558,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"yoast_head":"\nGoogle Takes Verizon\u2019s Place in Dow Jones Industrial Average - Long Haul Moving Pros<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/longhaulmovingpros.com\/?p=559\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Google Takes Verizon\u2019s Place in Dow Jones Industrial Average - Long Haul Moving Pros\" \/>\n<meta property=\"og:description\" content=\"It's the first change to the famous list of 30 companies since 2024.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/longhaulmovingpros.com\/?p=559\" \/>\n<meta property=\"og:site_name\" content=\"Long Haul Moving Pros\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-24T04:21:25+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=559#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=559\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/#\\\/schema\\\/person\\\/ed9c8f732aec56889e8fd0602fe5af4b\"},\"headline\":\"Google Takes Verizon\u2019s Place in Dow Jones Industrial Average\",\"datePublished\":\"2026-06-24T04:21:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=559\"},\"wordCount\":374,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=559#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/longhaulmovingpros.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/64cbb4832aed217dca82ebabd06aa148.webp\",\"articleSection\":[\"Artificial Intelligence\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=559#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=559\",\"url\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=559\",\"name\":\"Google Takes Verizon\u2019s Place in Dow Jones Industrial Average - 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