Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. IBM (NYSE:IBM) saw its ...

Shares of International Business Machines (IBM) were hammered this week after Anthropic (ANTHRO) announced its Claude Code tool could be used to efficiently modernize systems running on COBOL, a ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

Investing.com - Evercore ISI reiterated an Outperform rating and $345.00 price target on International Business Machines stock (NYSE:IBM) on Tuesday. The target suggests significant upside potential ...

Anthropic’s announcement that its updated AI tool can modernise COBOL, an old programming language that runs on IBM’s mainframes, left Big Blue’s stocks battered on Monday. Banasree Purkayastha looks ...

On Tuesday, Anthropic published tools that let Claude read, analyze and translate legacy COBOL into modern languages like Java and Python. By the end of the trading day, investors had wiped roughly ...

Mumbai: Shares of IBM saw their sharpest single-day fall in more than 25 years after new fears emerged about how artificial intelligence could hurt one of the company’s most stable businesses. The ...

(Bloomberg) --International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a ...

Investing.com - Erste Group downgraded IBM (NYSE:IBM) to hold from buy on Tuesday, citing expectations for slower growth in the company’s infrastructure business. This comes as IBM’s stock has ...

IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced that its Claude Code tool can automate the modernisation of COBOL—the ...