Will Alphabet’s market capitalization be between $3.50T and $4.00T at the end of October 2026?

This market will resolve according to Alphabet's public market capitalization at the close of regular trading on the final trading day of the specified month.

If the determined value falls exactly on the boundary between two brackets, this market will resolve to the higher bracket.

Public market capitalization will be determined through appropriate calculation using the final official regular-hours closing prices published for the company's listed equities on its primary exchange for the last trading day of the specified month, multiplied by the company's total number of shares outstanding at the relevant time. If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently. The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings).

If the listed company merges with or acquires another entity and remains the parent company, no change to resolution methodology applies.