Monday, July 6, 2026GraphArchiveSubscribeDaily · No. 26

The Probable Times

What the world’s prediction markets expect — read as news

Iran Talks Go Cold, GPT-5.6 Hype Goes Hot, LeBron Odds Climb to 58%

Traders slashed the odds of a July 10 US-Iran meeting to just 3%, a 42-point weekly collapse, even as they piled into a July 9 GPT-5.6 launch and a LeBron return to Cleveland.

Markets spent the day repricing certainty itself. Hopes for an imminent US-Iran breakthrough evaporated: the odds of a diplomatic meeting by July 10 fell to just 3%, down 42 points on the week, even as traders piled $301,811 into the broader schedule and pushed the July 31 window up to 74%. Pakistan now leads as the likeliest venue, at 44%, up 36 points over seven days. Meanwhile tech speculation ran the other direction: odds that GPT-5.6 lands July 9 jumped to 60%, up 32 points in a day and 43 on the week, on $37,155 traded. On the pitch, Norway's World Cup campaign is souring fast — quarterfinal elimination odds surged to 62%, up 46 points in 24 hours — while LeBron James inched closer to a Cleveland return, now 58% likely, up 36 points on the week across $1.04 million traded.

Today’s biggest movesprobability shifts, volume-weighted
Sports

World Cup: Folarin Balogun to Play vs. Belgium?

1% 98% 24h
$34,819 traded · 24h
Geopolitics

US x Iran diplomatic meeting by July 10, 2026?

2.8% 2.9% 24h
$116,460 traded · 24h
Science & Tech

Will GPT-5.6 be released on July 9, 2026?

28% 60% 24h
$37,155 traded · 24h
Culture

Will "Little Brother" be the top US Netflix movie this week?

19% 66% 24h
$14,477 traded · 24h
Sports

Will Norway be eliminated in the Quarterfinals of the World Cup?

16% 62% 24h
$9,958 traded · 24h
Sports

Will LeBron James play for the Cleveland Cavaliers in 2026-27?

53% 58% 24h
$104,976 traded · 24h
Geopolitics

Will the next diplomatic US-Iran meeting be in Pakistan by September 30, 2026?

40% 44% 24h
$23,990 traded · 24h
Culture

Will "Young Washington" Opening Weekend Box Office be between 18m and 20m?

63% 98% 24h
$32,169 traded · 24h

Geopolitics

The July 10 window for US-Iran talks cratered to 3%, down 42 points this week, as traders push expectations toward July 31 (74%, +8 points) and even a Pakistan venue bet (44%, +36 points). Hormuz traffic normalization looks unlikely either way — markets give just 14% odds by July 31 and 2% by July 15, both down sharply over seven days. In Ukraine, Russia's capture of Kostyantynivka is increasingly priced as a matter of when, not if: 86% by September 30, 95% by year-end.

July 102.9%▼ 42 7dJuly 1734%▼ 13 24hJuly 3174%▲ 2 24h
Pakistan44%▲ 4 24hQatar26%▲ 10 24hSwitzerland18%▼ 15 7dNo Meeting by September 306.5%▼ 3 24h
Strait of Hormuz traffic returns to normal by July 31?14%▼ 1 24h
60+36%▼ 8 24h80+9%▼ 2 24h40+82%▼ 2 24h100+4%▼ 8 7d
Strait of Hormuz traffic returns to normal by July 15?1.8%▼ 2 24h
July 31, 202646%▼ 11 24hSeptember 30, 202686%▼ 1 24hDecember 31, 202695%▲ 1 24h

Politics & Elections

Samuel Alito retirement odds rose across every horizon: September 30 to 22% (+11), July 15 to 9% (+7), and December 31 to 32% (+6), even as the June 2027 marker eased to 54%. In Westminster, Ed Miliband strengthened his lead for Chancellor to 55% (+7). Fed watchers see no July surprise, with 'no change' at 90% (+8 points this week), while Trump's World Cup Final attendance sits at 92%.

September 3022%▲ 11 24hJuly 159%▲ 7 24hDecember 3132%▲ 6 24hJune 30, 202754%▼ 2 24h
Ed Miliband55%▲ 7 24hPat McFadden9%▼ 5 24hYvette Cooper12%▼ 3 24hWes Streeting7.4%▼ 3 24h
Abdul El-Sayed80%▼ 6 24hHaley Stevens20%▲ 7 24h
Fed Decision in July? $629,419 · 24h
No change90%▲ 8 7d25 bps increase9.7%▼ 8 7d
President Trump to Attend World Cup Final?92%▲ 1 24h
No change70%▲ 2 24h25 bps increase24%▼ 1 24h25 bps decrease3.6%▼ 1 24h50+ bps decrease2.4%

Economy & Crypto

NVIDIA holds its grip on 'largest company' honors at 82%, though Apple has quietly added 9 points over the week to reach 12%. Traders remain convinced the Fed stays put through 2026: a 78% chance of zero rate cuts, versus just 14% for a single 25-bps trim.

NVIDIA82%▲ 1 24hApple12%▲ 9 7dAlphabet5.3%▲ 2 7d
1 (25 bps)14%▲ 2 7d2 (50 bps)4.2%0 (0 bps)78%

Science & Tech

GPT-5.6's release date is the market's favorite guessing game: the July 9 contract rocketed to 60%, up 32 points in a day and 43 on the week, while the 'by July 15' threshold sits at 87%. Traders still expect Anthropic to hold the best-model crown, both for July (86%) and year-end (64%), though the latter has softened 5 points this week.

GPT-5.6 released on...? $131,134 · 24h
July 960%▲ 32 24hJuly 713%▼ 10 24hJuly 82.5%▼ 6 24hJuly 105.3%▲ 4 24h
GPT-5.6 released by...? $272,662 · 24h
July 813%▼ 24 24hJuly 1074%▲ 28 7dJuly 712%▼ 15 24hJuly 1587%▲ 1 24h
1470+72%▲ 7 24h1490+22%▼ 1 24h1480+53%▲ 12 24h1500+5.5%▼ 2 24h
156048%▲ 14 24h158026%▼ 12 24h160011%▼ 4 24h
OpenAI10%▼ 2 24hAnthropic64%▼ 5 7dGoogle14%▼ 1 24hMeta2.3%
OpenAI2.5%▲ 1 24hAnthropic86%▼ 1 24hGoogle11%▲ 1 7d

Sports

World Cup drama abounds: Folarin Balogun's start against Belgium swung to near-certain (98%, +98 points), while Norway's quarterfinal exit odds jumped to 62% (+46 points in a day). The US edged ahead of Mexico as the likeliest host nation to advance furthest, 55% to 46%. Off the pitch, LeBron James's move to Cleveland strengthened to 58% (+36 points this week) on over $1 million traded, and Naomi Osaka surged to 25% (+19 points) as Women's Wimbledon favorite.

World Cup: Folarin Balogun to Play vs. Belgium?98%▲ 98 24h
Quarterfinals62%▲ 46 24hSemifinals22%▲ 11 24hFinal11%▲ 9 24hChampion5%▲ 3 24h
NBA: LeBron James Next Team $1,037,766 · 24h
Cleveland Cavaliers58%▲ 4 24hPhiladelphia 76ers6.5%▼ 2 24hMiami Heat8.8%▼ 1 24hMinnesota Timberwolves3%▼ 1 24h
United States55%▲ 21 24hMexico46%▼ 20 24h
Naomi Osaka25%▲ 19 24hJessica Pegula16%▲ 7 24hCoco Gauff9.9%▲ 6 24hKarolína Muchová9.8%▲ 5 24h
Lana Del Rey28%▼ 5 24hPhoebe Bridgers31%▼ 22 24hAlana Haim95%▼ 3 24hMax Martin93%▲ 3 24h

Culture

Netflix's weekly crown flipped hard: 'Little Brother' surged to 66% (+47 points) favorite, overtaking 'Enola Holmes 3', which collapsed 44 points to 34%. 'Young Washington' traders now see near-certainty (98%, +35 points) that its opening weekend lands between $18-20 million, abandoning the $20-22 million band almost entirely.

Little Brother66%▲ 47 24hEnola Holmes 334%▼ 44 24h
18-20m98%▲ 35 24h20-22m2.8%▼ 23 24h
Avengers: Doomsday18%▲ 5 24hToy Story 53.1%▼ 3 7d

Nothing moves markets like a sequel, a jump shot, or the promise of diplomacy — today, only two of the three delivered.

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