(Bloomberg) --International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a ...

IBM’s stock stumbled on Monday to its largest single-day loss since the dot-com bubble burst, after Anthropic announced an AI tool it claimed would streamline updates for a decades-old business ...

International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology, after Anthropic said its Claude Code tool could be used to ...

IBM’s (IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...

IBM is set to triple entry-level hiring in 2026, a significant shift from its 2023 stance on AI replacing jobs. These roles are being redefined, with junior developers focusing more on customer ...

International Business Machines (IBM) stock has decreased by 11.5% over the past 21 trading days. This recent decline reflects heightened anxiety surrounding increasing Treasury yields, concerns ...

IBM share price crash: Anthropic’s latest business move has hit shares of International Business Machines Corp or IBM hard. The stock tumbled on Monday after artificial intelligence startup Anthropic ...

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, Accenture, and Cognizant have significant legacy system modernization practices that generate revenue from helping organizations update decades-old COBOL systems. Anthropic’s new tool, Claude ...

NEW YORK-IBM shares plunged on Feb 23, after the artificial intelligence start-up Anthropic said its Claude Code tool can help with modernising COBOL, a dated programming language that is mainly run ...

During IBM's (IBM) most recent earnings call, the company guided for reaching a free cash flow goal of $15.7B during 2026, and the analysts at Evercore don't only think that is achievable but also ...

Shares of International Business Machines tumbled 13% Monday, their worst single-day move since October 2000. The stock began declining sharply in the afternoon after Anthropic, developer of the ...