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 ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
Investing.com -- IBM (NYSE:IBM) shares rose 4% Tuesday, recovering from Monday’s sharp decline after analysts defended the ...
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.
Following the recent selloff, IBM’s valuation has become more compressed, according to analysts. The stock now trades at ...
IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
Jim Rhyne is IBM’s lead architect for non-Java application development tools and for CICS, IBM’s enduring mainframe transaction-processing middleware. Here’s more of his recent interview with ...
IBM stock fell over 13% in a single trading session, raising its forward dividend yield to 3% right now.
A mainframe version of the OpenSolaris operating system is now available for download, IBM and Sun announced Monday. Both Solaris and the System z mainframe have a huge footprint in the financial ...
IBM today is marking the 40th anniversary of its first mainframe by introducing the zSeries 890 mainframe server for midsize enterprise customers. “We’re introducing a brand-new IBM eServer zSeries ...
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