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

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

Most investors jumped to a conclusion on Monday that's not supported by all the facts.

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.

Mainframes are no longer seen as a constraint on public sector digital transformation, with government agencies abandoning rip-and-replace strategies in favour of modernising mainframe systems with hy ...

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

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

Shares tank 13 per cent on Anthropic programming language threat. Read more at straitstimes.com. Read more at ...

Yet IBM, known as Big Blue, has become the latest US tech giant to be suffering from AI jitters. Its stock dropped 13pc on ...

IBM's ( IBM) share price plunged 13% by the closing bell on Tuesday, but the analysts at Wedbush label the sell-off as unwarranted, and the decline presents an attractive buying opportunity for ...