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 ...
International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
COBOL is a computer language used for business data processing and IBM is a leader in that area.
International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when ...
International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price ...
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 ...
A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...
As of Tuesday's close, International Business Machines Inc. IBM is down 25% month-to-date — putting the stock on pace for its ...
Claude’s COBOL shake-up just knocked IBM stock lower. Is this a smart buy-the-dip opportunity, or an early warning you shouldn’t ignore?
Analysts argue the reaction overlooks IBM’s own AI strategy. Shares of International Business Machines suffered their ...
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