financial commentary; explains the price-weighting mechanics that make Alphabet at ~$345 per share far more influential than Verizon at ~$46
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US News & World Report · United States · Alphabet joins Dow Jones Industrial Average on June 29, Dow tops 52,000 for first time
Notes that the Dow is now heavier in digital advertising, cloud computing and AI sectors with Alphabet replacing the last dedicated telecom utility in the index.
“Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech.”