Mainframes are no longer seen as a constraint on public sector digital transformation, with government agencies abandoning rip-and-replace strategies in favour of modernising mainframe systems with hy ...
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
A Missouri state accounting system that was supposed to integrate all state financial operations on one platform is late and ...
Yet IBM, known as Big Blue, has become the latest US tech giant to be suffering from AI jitters. Its stock dropped 13pc on ...
Shares sank as much as 13 per cent, their biggest intraday drop since March 2020. With the decline, the stock is now down 26 ...
IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
Shares tank 13 per cent on Anthropic programming language threat. Read more at straitstimes.com. Read more at ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than ...
Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...
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Anthropic's latest Claude Code update triggers massive IBM stock selloff, shares down 13.2% in a day
IBM shares fell 13.2%, suffering their worst day since 2000, at $223.35 per share, after Anthropic shared an update regarding ...
With AI buying up the worldwide supply of DRAM and hard drives, a wide swath of industries from automotive to cellular to PCs ...
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