SimpleFunctions
Winner-take-all answer·2 source contracts·Polymarket 2·refreshed just now·Closes May 31, 2026 · 4d

2nd largest company end of May

Leader sits at 94% across 2 bound outcomes, runner-up at 4%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

94%

Alphabet

runner-up 4¢leader 94¢

Outcomes

2

winner-take-all

Runner-up

Apple

Spread

90pp

dominant leader

24h volume

$31K

liquid

Closes

May 31, 2026

4 days

Venue

Polymarket

2 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayAlphabet: 96% (19 days, 19 points)Alphabet: 96% on 2026-05-27Apple: 4% (19 days, 17 points)Apple: 4% on 2026-05-27
Alphabet96¢Apple4¢
Top 2 candidates by current price · 19d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability estimates the likelihood that Alphabet will be the second-largest publicly traded company by market capitalization at the end of May 2026. Market participants assign Alphabet an 87% chance of holding this position, with Apple at 3% and NVIDIA at 10%. The ranking depends primarily on relative stock price movements and market sentiment around each company's fundamentals. Tech valuations have historically been volatile, and shifts in investor preference between search/advertising (Alphabet), consumer devices (Apple), and AI chips (NVIDIA) could alter rankings. The outcome resolves based on market capitalization data published at month-end, making this sensitive to any major corporate announcements, earnings surprises, or macroeconomic shifts affecting sector rotation between now and May 31, 2026.

  • Alphabet currently trades at approximately $180+ billion ahead of Apple and NVIDIA in market cap; Apple would need significant outperformance to overtake it by month-end
  • NVIDIA's AI momentum could drive rapid valuation changes; any major contract wins or guidance beats would directly pressure Alphabet's ranking
  • Aggregate volume across three contracts remains relatively modest ($7,200 in 24h volume), suggesting limited institutional participation and potential price sensitivity to new information
  • Apple faces specific risks including iPhone sales data and services growth narrative; any disappointing earnings would reinforce current market positioning
  • Macroeconomic factors—particularly interest rate expectations and AI investment cycles—could trigger sector-wide reallocation affecting all three companies simultaneously

What moved the line

  • May 22Apple12pp618¢ · Polymarket
  • May 27Alphabet10pp8696¢ · Polymarket
  • May 27Apple9pp134¢ · Polymarket
  • May 22Alphabet7pp9285¢ · Polymarket
  • May 23Alphabet7pp8578¢ · Polymarket

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

Lateral coverage

Thin contract — here's where the deeper coverage is.

This page aggregates 2 contracts (94% headline). At low contract count, the price reflects two participants’ opinions, not a market consensus. The links below are heavier related questions where the orderbook signal is real.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: just now.