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 ...
COBOL is a computer language used for business data processing and IBM is a leader in that area.
Claude’s COBOL shake-up just knocked IBM stock lower. Is this a smart buy-the-dip opportunity, or an early warning you ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price ...
International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...
COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...
IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...
Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...
As of Tuesday's close, International Business Machines Inc. IBM is down 25% month-to-date — putting the stock on pace for its ...
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