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 ...

International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when ...

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

IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.

International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price ...

IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...

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?

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

Artificial intelligence company Anthropic announced that its Claude platform can streamline COBOL code, a key profit center ...

COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...

Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...

Discover how Anthropic's AI tool threatens IBM's dominance by modernising COBOL systems, causing a 13.2% stock drop and ...