Spain has advanced to the quarter-finals of the 2026 FIFA World Cup, eliminating Portugal and ending the international career of Cristiano Ronaldo. The decisive goal came late in the match from midfielder Mikel Merino. The contest was held at AT&T Stadium in Arlington, Texas.
Spain will now face the winner of the United States versus Belgium in Los Angeles on July 10th. The result has already impacted prediction markets, which had priced in Portugal's elimination at this stage with overwhelming certainty.
Market focus now shifts to Spain's prospects for further advancement. Current pricing reflects increased confidence in the Spanish squad's continued success in the tournament.