Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

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

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 ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

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 ...

A single Anthropic blog claiming its AI model Claude can read and modernise COBOL wiped nearly $30 billion off IBM’s market ...

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

On Monday, shares of International Business Machines Corp IBM declined 13.18% in the regular session to $223.35 and gained ...

IBM shares saw their sharpest fall in over 25 years after AI startup Anthropic said its Claude Code tool can understand and modernise COBOL, a language deeply tied to IBM's mainframe business. Here is ...