Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market got the news right and the conclusion wrong.
Discusses the Impact of Agentic AI on IT Services and Tech Industry Disruption March 11, 2026 9:30 AM EDT Good afternoon. Good morning, if you're joining us from the U.S. Hello, and welcome. Thank you ...
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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 ...
COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...
IBM just got hit with one of its worst single-day drops in years. Shares fell over 13.2% on Feb. 23, 2026, closing at $223.35 ...
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Beretta Holding S.A. ("Beretta Holding" or "we"), a family-owned group leading the global premium light firearms, optics and ammunition industry and the largest shareholder of Sturm, Ruger & Company, ...
Wanjiru faces probation after Dennis frames her for his own financial errors. Silence becomes her shield as auditors uncover a dark pattern of professional betrayal.
AI has sparked a new round of conversation about Cobol, with tools emerging that claim to translate legacy code and, with it, solve the modernisation challenge. It is worth being precise about what ...