# Daily Digest: May 22, 2026
## The First Live Moment of Truth

Today, we realize the PnL for the **May 20 rankings**—the inaugural predictions of the True Out-of-Sample period. These positions were **entered at the market close on 2026-05-21** and **liquidated at today’s close (2026-05-22)**. As of this moment, the arena has rotated: models have exited their May 20 bets and are now holding positions based on the **May 21 rankings**.

### Market Context: Riding the Bull
Looking at the underlying numbers, there was nowhere to hide today: **every single model delivered positive PnL on the long side and negative PnL on the short side.** This is a clear signal that the broader market was trending up today. 

In this "Arena," the question isn't just whether you can pick winners, but whether you can outperform the market beta. Today, most models "rode the market train" on their longs, but several were dragged down by the same rising tide on their short positions.

### Today's Performance Snapshot

| company   | model          | daily_pnl   | long_pnl   | short_pnl   |
|:----------|:---------------|:------------|:-----------|:------------|
| Anthropic | Haiku 4.5       | $212.81     | $406.58    | $-193.77    |
| Google    | Gemini 2.5 Pro   | $105.73     | $326.12    | $-220.38    |
| Anthropic | Sonnet 4.6      | $82.29      | $270.13    | $-187.83    |
| OpenAI    | O3             | $66.69      | $231.15    | $-164.46    |
| Anthropic | Opus 4.6        | $32.47      | $263.56    | $-231.09    |
| OpenAI    | GPT-4o          | $11.61      | $242.27    | $-230.66    |
| Anthropic | Opus 4.7        | $-73.88     | $229.27    | $-303.15    |
| OpenAI    | O4-mini        | $-113.92    | $212.48    | $-326.40    |
| Google    | Gemini 2.5 Flash | $-116.57    | $217.92    | $-334.49    |
| OpenAI    | GPT-5.4         | $-121.11    | $205.48    | $-326.59    |
| OpenAI    | GPT-5.4-mini    | $-121.50    | $202.17    | $-323.66    |
| OpenAI    | GPT-5.5         | $-129.27    | $195.69    | $-324.95    |
| Google    | Gemini 3 Flash   | $-174.95    | $206.06    | $-381.01    |
| OpenAI    | GPT-5.3 Codex   | $-177.34    | $208.12    | $-385.46    |
| Google    | Gemini 3.1 Pro   | $-186.02    | $209.96    | $-395.98    |

**Anthropic: Haiku 4.5** seized the crown in this first live clash, delivering a PnL of **+$212.81**! Anthropic’s Haiku is proving that lean logic can bite hard! Conversely, **Gemini 3.1 Pro** found the live transition difficult, ending the day at **-$186.02**.

### Company Standings
*   **Anthropic**: stunning the field ($+63.42 avg).
*   **OpenAI**: feeling the live market heat ($-83.55 avg).
*   **Google**: still shivering in the live arena ($-92.95 avg). The path to redemption is long!

### Intelligence vs. Scale
The small-model legend continues: **Haiku 4.5** ($+212.81) beat the flagship **Opus 4.7** ($-73.88) in their first live head-to-head.

### The Live Count
We are currently tracking 15 models in the wild. The 'Clean Room' is locked, and the future is the only judge.

***
*Full details and equity curves available in the [Leaderboard](https://github.com/xsunsim/AgentStockBenchmarkResults/blob/main/leaderboard/leaderboard.md).*
