Shares of technology and consulting giant IBM (NYSE:IBM) fell 4% in the morning session after Anthropic launched a new AI tool within Claude Code designed to automate the modernization of COBOL, a ...

IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...

IBM’s stock stumbled on Monday to its largest single-day loss since the dot-com bubble burst, after Anthropic announced an AI tool it claimed would streamline updates for a decades-old business ...

(Bloomberg) --International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a ...

International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology, after Anthropic said its Claude Code tool could be used to ...

Bengaluru: IBM has launched its AI GovTech Innovation Center in Lucknow to position AI as core infrastructure for modern governance with measurable public impact.As governments worldwide grapple with ...

IBM introduced its own AI-powered mainframe coding assistant in 2023, designed to help clients analyse and convert COBOL into modern languages such as Java. IBM shares dropped 13% after Anthropic's ...

Indian IT stocks fell up to 6% after IBM's sharp decline AI tool Claude can automate COBOL code modernization COBOL's future impacts major Indian IT firms serving global banks Did our AI summary help?

IBM's stock ended Monday down 13% as Anthropic's Claude Code threatens to dismantle a critical part of its business IBM's stock ended Monday as the worst-performing member of the S&P 500 following a ...

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