IBM Sinks Most Since 2000 as Anthropic Touts Cobol Tool

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

IBM shares sink most in 25 years as company becomes the latest AI casualty

Shares tank 13 per cent on Anthropic programming language threat. Read more at straitstimes.com. Read more at ...

IBM stock suffers worst single-day drop in 25 years over Anthropic’s COBOL tool: What it is and why it wiped billions of dollar for IBM

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

IBM shares plunge as Anthropic touts COBOL modernization efforts

International Business Machines Corp. shares plunged on Monday, after the artificial intelligence startup Anthropic said its ...
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IBM shares plunge 13% as Anthropic’s Claude AI threatens COBOL mainframe business

IBM shares plunged up to 13% after Anthropic said its Claude Code tool can help modernize COBOL systems, raising concerns about disruption to IBM’s mainframe business. The stock is now down 26% in ...