AGP Executive Report
Last update: an hour agoTexas Leadership Shift: Gina Hinojosa’s win ends decades of Republican control of the governor’s office. She campaigned for a pause on new data-center permits until safeguards are in place, putting the state’s AI buildout under scrutiny. James Talarico’s Senate win and Jon Rosenthal’s victory in the Railroad Commission race also mark historic changes; Rosenthal will join the oil-and-gas regulator, though Republicans retain a 2-1 majority. Markets & AI: Investors pulled back from tech stocks amid fears of tougher AI and data-center oversight. Federal action remains uncertain, but Texas policy could affect local permits and demand for power and water. Manufacturing: Waaree doubled its Texas solar-module capacity to 3.2 gigawatts, while ACT-ion opened a cathode-material pilot plant in Carrollton, adding to the state’s clean-energy supply chain. Refining: Valero agreed to buy LyondellBasell’s former Houston refinery for $320 million.
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