Sunday, July 19, 2026GraphArchiveSubscribeDaily · No. 39

The Probable Times

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

Gulf Tensions Spike as Traders See Iran Action Almost Certain

Markets now price an 84% chance of Iranian military action against a Gulf state, up 58 points this week, even as odds of a US-brokered halt collapsed to 10%.

Prediction markets turned sharply hawkish on the Gulf: traders now put the odds of Iranian military action against a Gulf state at 84%, up 10 points on the day and 58 over the week, while the chance Washington halts offensive operations by July 24 collapsed to just 10%, down 39 points overnight. In Whitehall, Shabana Mahmood's hold on the Chancellorship tightened to 89% (+6 on the day, +83 over the week) as Ed Miliband's odds withered to just 2%. Beijing's AI race flipped direction, with Alibaba retaking the lead for best Chinese model at 60% (+14 points) as Moonshot slid to 39% (-14) despite a strong week. Meanwhile NVIDIA edged back ahead of Apple, 53% to 44%, in the race for world's largest company by month's end, though it remains 38 points below its position of a week ago.

Today’s biggest movesprobability shifts, volume-weighted
Sports

Will Lionel Messi win the Golden Ball at the 2026 FIFA World Cup?

31% 91% 7d
$310,686 traded · 24h
Sports

Will Lionel Messi be the top goalscorer at the 2026 FIFA World Cup?

58% 7.2% 24h
$2,007,586 traded · 24h
Sports

Will Dplus Kia win the EWC League of Legends Tournament

1.2% 70% 7d
$18,376 traded · 24h
Politics & Elections

Will Ed Miliband be the next Chancellor of the Exchequer of the UK in 2026?

68% 2% 7d
$14,330 traded · 24h
Geopolitics

Iran military action against a Gulf State on July 19?

26% 84% 7d
$7,400 traded · 24h
Geopolitics

US announces halt in Iran offensive operations by July 24?

49% 10% 24h
$26,625 traded · 24h
Economy & Crypto

Will NVIDIA be the largest company in the world by market cap on July 31?

92% 53% 7d
$21,665 traded · 24h
Geopolitics

Will Moonshot have the best Chinese AI model at the end of July 2026?

<1% 39% 7d
$14,845 traded · 24h

Geopolitics

Gulf risk dominates: traders see an 84% chance of Iranian action against a Gulf state today, up 58 points this week, while hopes of a US halt to offensive operations by July 24 cratered to 10% (-39). Iran airspace closure by August 31 firmed to 56% (+14), and Houthi shipping attacks by August 31 hold at 54% (+32/7d). Ukraine's Syrskyi is given 68% odds of departing by year-end (+37/24h). Beijing's AI contest reversed course: Alibaba surged to 60% (+14) as best Chinese model, overtaking Moonshot's slide to 39% (-14) despite a strong week.

July 2410%▼ 39 24hJuly 3122%▼ 24 24hAugust 3160%▼ 14 24hJuly 214.5%▼ 6 24h
July 1520%▼ 40 24hJuly 1984%▲ 10 24hJuly 2364%▲ 24 24hJuly 2070%▲ 10 24h
December 3168%▲ 37 24hJuly 3141%▲ 29 24h
Moonshot39%▼ 14 24hAlibaba60%▲ 14 24hDeepSeek1.8%
August 3156%▲ 14 24hJuly 3135%▲ 8 24h
August 3154%▼ 1 24hJuly 3130%▲ 14 7dJuly 172.8%▲ 2 24h

Politics & Elections

Shabana Mahmood's grip on the UK Chancellorship extended to 89% (+6/24h, +83/7d), leaving Ed Miliband at a mere 2% (-66/7d) and Yvette Cooper at 5%. The Home Secretary race stays muddled, with Wes Streeting favored at 32% and 'no successor' odds fading to 7%. In the Cook Islands, the ruling party surged to 86% (+35) for election victory. South Carolina's Senate primary remains Darline Graham Nordone's to lose at 65%. The Fed is priced for no July move at 94% (+15/7d).

Shabana Mahmood89%▲ 6 24hEd Miliband2%▼ 3 24hYvette Cooper4.9%▼ 1 24h
No next Home Secretary in 20266.9%▼ 6 24hJohn Healey4.2%▼ 8 24hWes Streeting32%▼ 4 24hPat McFadden2.1%▼ 3 24h
Cook Islands Party86%▲ 35 24hDemocratic Party11%▼ 30 24hCook Islands United Party2.2%▼ 7 24h
Russell Fry14%▲ 6 24hRalph Norman22%▲ 2 24hDarline Graham Nordone65%▼ 3 24h
Fed Decision in July? $999,418 · 24h
25 bps increase4.7%▼ 16 7dNo change94%▲ 15 7d
Clarity Act signed into law in 2026?40%▲ 1 24h

Economy & Crypto

NVIDIA reclaimed a slim edge over Apple, 53% to 44%, in the race for world's largest company by end of July, though its lead is 38 points softer than a week ago. Looking to December, NVIDIA holds 56% versus Apple's 32%. Traders assign 85% odds to zero Fed rate cuts in 2026 (+7/7d), and gold's climb to $6,000 by year-end is priced at just 8% (-4/7d). SpaceX remains the favorite for 2026's largest IPO at 86%.

NVIDIA53%▲ 4 24hApple44%▼ 3 24h
Apple32%▼ 2 24hNVIDIA56%▲ 4 24hAlphabet10%▼ 4 7d
0 (0 bps)85%▲ 7 7d1 (25 bps)12%▼ 3 7d2 (50 bps)2.1%▼ 2 7d
↑ $6,0008.5%▼ 4 7d↑ $7,0005.5%▼ 4 7d↑ $8,0003.2%▼ 1 24h↑ $10,0002.6%▼ 1 24h
Anthropic15%▲ 1 24hSpaceX86%▼ 2 7d
Will GameStop acquire eBay?12%

Science & Tech

Starship's thirteenth flight test drifted from a July 20 window (30%, -20 points) toward July 23 (86%, +12), with markets giving the booster an 86% chance of exploding on descent. Anthropic's grip on the best AI model title looks near-total — 98% for July, 90% for August — leaving Google (5%) and Moonshot (2%) as afterthoughts.

July 2030%▼ 20 24hJuly 2386%▲ 12 24hSuccessful splash down?78%▲ 8 24hSuper Heavy booster explodes?86%▲ 5 24h
Anthropic98%▲ 1 24h
Moonshot1.7%▼ 2 24hGoogle5.1%▼ 2 24hAnthropic90%▲ 2 24h

Sports

With the World Cup final hours away, markets have swung decisively to Kylian Mbappé for the Golden Boot (94%, +52/24h) and France for top-scoring nation (92%), while crowning Lionel Messi favorite for the Golden Ball at 91% — moves that likely owe as much to the approaching deadline as the pitch. Freshest of all: Dplus Kia's odds to win the EWC League of Legends title rocketed to 70% (+64 points in a day) as Karmine Corp climbed to 29%.

Lionel Messi7.2%▼ 50 24hKylian Mbappe94%▲ 52 24h
Dplus Kia70%▲ 64 24hKarmine Corp29%▲ 27 24h
Argentina7.6%▼ 49 24hFrance92%▲ 50 24h
Lionel Messi91%▲ 60 7dKylian Mbappé2.5%▲ 1 24hRodri5.1%▲ 4 7dLamine Yamal1.9%
Sam Burns41%▲ 35 24hScottie Scheffler2.8%▼ 11 24hRyan Fox10%▲ 10 24hSi Woo Kim16%▲ 10 24h
Unai Simón86%▼ 1 24hEmiliano Martínez14%▲ 2 24h

Culture

'The Odyssey' is now all but certain to open above $115m (99%, +75/7d), with traders converging on a $125-130m weekend take (48%, +16/24h). Its year-end prospects remain modest, though — just 9% odds of finishing 2026's highest-grossing film, versus Spider-Man: Brand New Day's commanding 75%.

115-120m6.3%▼ 17 24h125-130m48%▲ 16 24h120-125m38%▲ 5 24h130-135m12%▼ 4 24h
The Odyssey9%▲ 2 24hSpider-Man: Brand New Day75%▲ 3 7dAvengers: Doomsday12%▼ 1 24h
>115m>99%▲ 3 24h

Markets remain more certain about Messi's footwork than Washington's next move in the Gulf.

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