TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 11, 9:24 AM EST
Kalshi
During a virtual meeting, specific phrases mentioned by a company executive will determine market outcomes. The focus is on whether certain technical or operational terms are used during the address. Markets will resolve based on the precise wording used by the speaker.
Multiple markets exist, each tied to whether Joe Creed utters a specific phrase during the Caterpillar Virtual HQ Visit hosted by Wells Fargo. Each market has a primary rule stating that if Joe Creed says the specified phrase (e.g., "AI," "NVIDIA," "Robot," etc.), that market resolves to Yes. A secondary rule explains resolution via live video or official transcripts if video consensus cannot be reached. All markets share common payout criteria: the exact phrase or its plural/possessive form must be spoken by Joe Creed in an official capacity, with certain exclusions such as grammatical inflections, unaudible private conversations, or content from separate recordings. If the event is canceled, the "Event does not qualify" market resolves to Yes, and all others to No. If postponed within 14 days, markets remain open. The outcome hinges solely on the presence of the exact specified phrases during the live event.
Comparing prediction market odds to analyst forecasts reveals how collective intelligence stacks up against expert opinion. In this market, the implied probabilities reflect what traders believe about the Caterpillar CEO’s upcoming statements, potentially differing from pre-event analyst predictions about key topics or messaging. Discrepancies can arise from factors analysts may not fully account for, such as internal company knowledge or subtle shifts in strategy. Tracking these differences provides insight into the predictive power of both approaches and whether the market is efficiently incorporating available information.
On Kalshi, this market is priced through a continuous double auction, where traders buy and sell contracts representing different outcomes regarding the Caterpillar CEO’s statements. The price of each contract reflects the market’s assessment of its probability. As more traders participate, the prices adjust to reflect the collective wisdom of the crowd. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market depth and order book are visible on the platform, allowing traders to analyze supply and demand dynamics. This dynamic pricing mechanism aims to create a fair and efficient market for forecasting the CEO’s remarks.
This market resolves around Sep 25, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the resolution will be based on a review of the official transcript or video recording of the Caterpillar CEO’s Virtual HQ Visit. The outcome will be determined by whether specific statements, as defined by the market contracts, were made during the event. This ensures a transparent and objective assessment of the CEO’s remarks, allowing for accurate settlement of the market contracts.
Several signals or events could significantly move this market before Sep 25, 2026. Any pre-event statements or interviews from the Caterpillar CEO, or other company executives, could shift expectations. News reports concerning Caterpillar’s recent performance, industry trends, or strategic initiatives could also influence trading activity. Unexpected economic data releases or geopolitical events impacting the construction and mining industries might also play a role. Finally, any leaks or rumors regarding the content of the Virtual HQ Visit could cause substantial price fluctuations in this market.