Anthropic launched Claude Code, an AI tool aimed at automating modernization of COBOL on mainframes, raising questions about ...
International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price ...
IBM (IBM) shares sold off on Monday on the basis that Anthropic's (ANTHRO) Claude Code product can translate COBOL, prompting concern about the tech giant's legacy business. However, investment firm ...
International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when ...
IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...
IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
Investor's Business Daily on MSN
IBM stock stung by new Anthropic tool as Wall Street's AI jitters spread
IBM is the latest victim to investor fears about Anthropic's AI code.
COBOL is a computer language used for business data processing and IBM is a leader in that area.
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
Following the recent selloff, IBM’s valuation has become more compressed, according to analysts. The stock now trades at ...
IBM stock dropped 13% on Monday after Anthropic said that its Claude Code tool could be used to automate the modernization of legacy code. IBM mainframes, computers that process a large portion of the ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results