Senate is still a toss-up, but Democrats now have slight edge, prediction market traders think
The Capitol in Washington, July 22, 2026.Aaron Schwartz | Bloomberg | Getty ImagesThe battle for the U.S.
The Capitol in Washington, July 22, 2026.Aaron Schwartz | Bloomberg | Getty ImagesThe battle for the U.S. Senate is still tight, but prediction market traders think Democrats have close to their best chances yet of taking the upper chamber.
Speculators on Kalshi now give Democrats a 55% chance to win the Senate, nearly matching a level reached in mid-April. On Polymarket, the odds are even higher, with a 59% chance that Democrats will wrest control.
First reported by CNBC: Finance.
The Cali Reporter newsletter
The stories worth your time.
California, the country, and what comes next. Join our free newsletter for reporting that keeps you informed.
More in Business
- Nvidia CEO Resignation Sparks Market Volatility
The sudden resignation of Nvidia CEO Jensen Huang has triggered significant market reactions, with both the company’s stock and Bitcoin experiencing notable declines.
- Nvidia CEO Resignation Highlights Leadership and Governance Challenges
The resignation of Jensen Huang, CEO of Nvidia, has sparked discussions about corporate governance and leadership development, with insights from McKinsey's global managing partner, Bob Sternfels.
- Unocoin Suspends Services Amid Security Probe
Unocoin, an Indian cryptocurrency exchange, has suspended deposits and withdrawals following the detection of unauthorized activity and a potential breach of its systems.