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

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

IBM is the latest victim to investor fears about Anthropic's AI code.

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...

Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens consulting. Click for more on IBM and ANTHRO.

IBM stock fell over 13% in a single trading session, raising its forward dividend yield to 3% right now.

IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...

OpenAI introduces Harness Engineering, an AI-driven methodology where Codex agents generate, test, and deploy a million-line ...

Every conversation I have with enterprise leaders today carries an unmistakable urgency about AI transformation. The economics have changed, possibilities have expanded dramatically, and the pressure ...

After Anthropic introduced a tool for automating time-consuming COBOL modernization, IBM's stock plummeted over 13 percent.