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Investors Will Be Negatively Surprised if Companies Start Cost Cutting, Says RBC's Calvasina

Summary by CNBC
Lori Calvasina, RBC Capital Markets, joins 'Closing Bell Overtime' to talk if the market is overbought at these levels.

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Investors will be negatively surprised if companies start cost cutting, says RBC's Calvasina

Lori Calvasina, RBC Capital Markets, joins 'Closing Bell Overtime' to talk if the market is overbought at these levels.

·United States
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BloombergBloomberg
Reposted by
Financial PostFinancial Post
Lean Left

Chevron Shifts From Regional to Centralized Hubs in Cost-Cutting

Chevron Corp. is reducing local and regional business units in favor of a more centralized model to improve performance and cut as much as $3 billion of costs by 2026.

·United States
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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
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Bloomberg broke the news in United States on Wednesday, July 9, 2025.
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