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

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

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

HILLSDALE, Mich.--(BUSINESS WIRE)--CNB Community Bancorp, Inc. (the “Company”; OTCQX: CNBB), the parent company of County National Bank (the “Bank”), today announced its Board of Directors recently ...

Intapp, Inc. (Nasdaq: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, today announced that its Board of Directors authorized a ...

IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline..

・The company reported a loss of $1.08 per share in Q4 on revenue of $10.22 billion, compared to the consensus estimate of a loss of $0.99 per share on revenue of $12.01 billion. ・Explaining the loss ...

Investor jitters about tech stocks and the health of the U.S. labor market sent stocks lower Thursday. The Dow industrials dropped 593 points, or 1.2%, while the S&P 500 also lost 1.2%. The Nasdaq ...

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 ...

Spire Global has won contracts to provide the National Oceanic and Atmospheric Administration's Commercial Weather Data Program with global navigation satellite system (GNSS) radio occultation and ...

Seagate TechnologySTX stock rocketed higher Wednesday after the data storage company reported fiscal second-quarter results ahead of expectations. The gains add to a massive run for Seagate, which is ...