Kalshi could be worth $42 billion—if it can survive the Supreme Court unscathed

Good morning. On Fortune’s radar today:

• Exclusive: Disney is no longer the king of the theme park world.
• Kalshi valuation could be $42 billion.
• We got our hands on Meta’s new AI-powered smart glasses and wristband.
• AI hyperscalers have roughly one more year to start showing ROI.
• Markets: Global bond selloff forces stock markets into the red.
• The U.S.’s most important job market data is usually wrong.
• The civil war inside Dolly Parton’s estate.

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This story was originally featured on Fortune.com