IBM shares fell 13.2%, suffering their worst day since 2000, at $223.35 per share, after Anthropic shared an update regarding ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

COBOL is a computer language used for business data processing and IBM is a leader in that area.

IBM's market plunge over AI concerns drags down Indian IT stocks, raising fears about legacy COBOL modernization challenges.

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

IBM shares are climbing on Tuesday, but not enough to compensate for sharp Monday declines experienced in the wake of an Anthropic product announcement. Shares of IBM tumbled 13.2% on Monday after Ant ...

IBM shares tumbled after Anthropic blogged about how Claude Code could help businesses modernize legacy systems that use an ...

💥BREAKING: This tweet from Claude AI just wiped out over $15 BILLION from cybersecurity stocks. Millions of jobs and companies just got replaced. https://t.co/uxfqUTHI0U pic.twitter.com/Ak55FTSG7p ...

Feb 23 (Reuters) - Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.

COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...