Alphabet replaces Verizon in the Dow Jones Industrial Average. GameStop CEO eschews performance award. Cerebras margins disappoint despite a major new OpenAI deal.
Alphabet (GOOGL) joins Dow Jones Industrial Average June 29, ousting Verizon. Stock down 10% from highs but holds Strong Buy rating with 23% upside potential.
Alphabet joins the Dow on June 29, replacing Verizon, as a 6% stock crash from AI talent losses raises questions about Google's competitive edge. The post Alphabet Joins the Dow While its Stock Takes a Hammering appeared first on BeInCrypto.
/PRNewswire/ -- Alphabet Inc. (NASD:GOOGL) will replace Verizon Communications Inc. (NYSE:VZ) in the Dow Jones Industrial Average (DJIA) effective prior to the ...