Amazon Inc (AMZN) is set to join the Dow Jones Industrial Average (DJIA), replacing Walgreens Boots Alliance Inc (WBA). Amazon's stock surged over 100% since the beginning of 2023 after a 51% drop in 2022. Walgreens, on the other hand, has seen a significant decline in its shares over the past years. The inclusion of Amazon in DJIA reflects the evolving nature of the American economy, increasing consumer retail and tech exposure in the index. Amazon joins other tech giants like Apple (AAPL) and Microsoft (MSFT) in the DJIA. The performance of tech stocks, including those in the 'Magnificent 7', significantly impacted the S&P 500's gains last year. The article questions the impact of DJIA membership on stock performance, citing the mixed results of Apple and Microsoft after their inclusion.