Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.

IBM (NYSE: IBM) today unveiled a new generation of IBM FlashSystem, co-run by agentic AI, designed to support autonomous storage. IBM said the new products offer resilience through sustained ...

Good morning. Kyndryl Holdings is the latest Fortune 500 company to face an accounting and internal control review, prompting a delay in its filings. The tech company, formerly IBM’s managed IT ...

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The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...

Microsoft and other hyperscalers are pouring billions of dollars into AI projects, and that's putting a damper on valuations Microsoft's capital expenditures could total $115 billion in the 2026 ...

IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline..

David Wyshner, the finance chief of IBM spin-off Kyndryl, is leaving his position as the company undertakes a review of its cash management practices, according to a pair of SEC documents filed Monday ...