Westwood

Westwood Holdings CEO Brian Casey appeared on CNBC to discuss Texas' rise as a financial hub, referred to as 'Y'all Street', and an exchange-traded fund tracking the AI power ecosystem. The fund focuses on companies supplying the electricity and infrastructure needed to support artificial intelligence growth, an area drawing growing investor interest.

A Westwood rigs round-up reports that the market for harsh-environment semisubmersible drilling rigs is close to being fully contracted, with almost no units left for hire. The tightness reflects strong offshore drilling demand as energy firms secure available units, supporting dayrates and charter terms for owners of the remaining harsh-environment fleet.