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