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 ...
IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...
How Wall Street feeds the AI bubble, Nvidia smashes expectations, IBM snagged in SaaS-pocalypse, Meta inks chips deal with AMD.
IBM experienced a volatile week as investor sentiment around artificial intelligence shifted rapidly. Concerns emerged that a lucrative segment of IBM's business could be threatened by new AI tools, ...
Instead of falling victim to the technology, software’s established players have every shot at leveraging it to their own advantage.
The sudden sell-offs for both IBM stock and DoorDash have a common culprit.
The company in this discussion, however, is another tech giant: Microsoft (MSFT). Year-to-date (YTD), MSFT stock has declined by 17%. This correction seems like a good opportunity to accumulate. After ...
As the world is being rapidly transformed by AI, Union IT minister Ashwini Vaishnaw has said this is a once-in-a-generation ...
Tariff escalation, AI disruption and BTC weakness pressure XRP, with $1.0 critical support as traders watch Fed policy, BoJ ...
Helfert: What’s changed is the market’s growing concern that the key AI risk isn’t near-term earnings destruction, it’s acceleration of the fade rate—the speed at which a company’s excess profits ...
Months after his 70-hour workweek remarks sparked debate, Murthy addressed concerns about AI replacing white-collar jobs.
The rise of automated tools from startups like Anthropic has sparked anxiety regarding potential disruption to the business ...