Updated
Updated · CNBC · Jul 7
Kalshi Traders Give Nasdaq-100 50% Odds of Ending 2026 Above 30,000
Updated
Updated · CNBC · Jul 7

Kalshi Traders Give Nasdaq-100 50% Odds of Ending 2026 Above 30,000

1 articles · Updated · CNBC · Jul 7

Summary

  • Kalshi traders see only even odds that the Nasdaq-100 will finish 2026 above 30,000, even with the index sitting about 1% below that level in Tuesday trading.
  • Those muted bets reflect expectations for a cooler second half after the tech-heavy gauge already climbed about 18% this year and more than 33% from its March 30 Iran war-related low to June 2.
  • Kalshi pricing also implies limited upside beyond current levels: traders assign 40% odds that 2026's high tops 32,000 and about 27% odds the index reaches 33,000 by year-end.
  • UBS said Tuesday the broader market rally can continue, but leadership may shift away from technology as investors look beyond semiconductors and reassess the next phase of the AI trade.

Insights

With the AI stock rally cooling, which overlooked sectors are now poised to lead the market's next major growth phase?
Is the market's pivot from big tech a lasting change, or just a temporary pause in the AI-fueled bull run?
Can prediction markets survive legal challenges to become mainstream financial tools, or will they be regulated as simple gambling?