Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...

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

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 ...

Still one of the biggest names in the computing world, IBM (NYSE:IBM) shed over 16% year to date heading into mid-March, a ...

Detailed price information for Intl Business Machines (IBM-N) from The Globe and Mail including charting and trades.

COBOL is a computer language used for business data processing and IBM is a leader in that area.

If you’re like many investors who held software stocks at the core of the portfolio, you may have hesitated when Anthropic released its Cowork agent earlier this year. Whether it’s Claude Code, the ...

The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

Claude, Anthropic's AI chatbot, has sparked major selling of US tech stocks as its capabilities induce fear among investors of widespread disruption.

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 modernize a ...