Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: 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 ...
The Financial Express

Explainer: How Claude Code threatens to disrupt IBM’s mainframe biz

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

Anthropic Vs. IBM: AI Starts To Threaten Businesses (Rating Downgrade)

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

Asean News Headlines at 10pm on Thursday (Feb 26, 2026)

Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Thursday (Feb 26, 2026) ...
Securities.io

Anthropic’s Claude Code vs COBOL: IBM Investors React

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 ...