GOOGL Stock Sees Squeeze Before Gemini 3.5 Pro Release

Alphabet Inc.'s (GOOGL) stock took a hit last month after reports surfaced that Google had delayed its Gemini 3.5 Pro reasoning model.

The report from Bloomberg stated that engineers needed more time to improve the model's coding performance, which caused some concern about the company's product timeline.

However, prediction market traders now believe that the model will be released before August ends. According to Kalshi data, over $320,000 has been wagered on the release date of Gemini 3.5 Pro.

The probability of a launch before August 16 stands at 46%, while it rises to 63% for a release before August 21 and 76% before August 31.