Resolution:

This market will resolve to “Yes” if the combined cap weight of the Magnificent Seven stocks (Apple, Microsoft, Amazon, Google [Alphabet Class A and C], Meta, Tesla, and Nvidia) in the S&P 500 index, calculated using the official S&P 500 cap weighting formula, falls below 30% on any trading day (based on market close prices) by December 31, 2025, 11:59 PM PT. Otherwise, this market will resolve to “No.”

The primary resolution source will be daily closing prices applied to the S&P 500 cap weighting formula.