IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...
IBM shares fell 13.2%, suffering their worst day since 2000, at $223.35 per share, after Anthropic shared an update regarding ...
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 ...
A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...
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?
As of Tuesday's close, International Business Machines Inc. IBM is down 25% month-to-date — putting the stock on pace for its ...
Analysts argue the reaction overlooks IBM’s own AI strategy. Shares of International Business Machines suffered their ...