Alphabet (GOOGL) Prices the Largest Equity Capital Raise in US Corporate History at $84.75 Billion
Corroborated by 3 sources from 3 publishers
TL;DR
Reports differ across sources; according to finance.yahoo.com, s&P Dow Jones Indices said Alphabet's portfolio — spanning advertising, cloud infrastructure, artificial intelligence, hardware, autonomous mobility, healthcare technology, and media distribution — makes it a stronger representative of the Communication Services sector than Verizon.
Sources
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Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/alphabet-googl-prices-largest-equity-115727678.html
2
CNBC 15838368
https://www.cnbc.com/video/2026/06/29/alphabet-joins-the-dow-as-ai-doubts-weigh-on-shares.html
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Yahoo Finance News
https://finance.yahoo.com/markets/world-indices/articles/alphabet-debuts-dow-jones-industrial-152012819.html
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Investing.com News
https://www.investing.com/news/stock-market-news/alphabet-debuts-in-dow-jones-industrial-average-as-index-tilts-toward-tech-4765822
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Investing.com News
https://www.investing.com/news/stock-market-news/alphabet-joins-dow-jones-industrial-average-shares-rise-37-4765884
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Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/alphabet-joins-dow-jones-industrial-162950956.html
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Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/alphabet-adds-168-billion-dow-171633200.html
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CNBC 15838342
https://www.cnbc.com/video/2026/06/29/alphabet-is-best-positioned-in-all-areas-to-benefit-from-ai-says-mizuhos-jordan-klein.html
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Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/alphabet-shares-rise-dow-debut-190400209.html
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CNBC 15838421
https://www.cnbc.com/video/2026/06/29/alphabet-surges-in-dow-debut-helping-lift-index-toward-record.html