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

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...

Most investors jumped to a conclusion on Monday that's not supported by all the facts.

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

Shares sank as much as 13 per cent, their biggest intraday drop since March 2020. With the decline, the stock is now down 26 ...

Over periods up to 10 years, tech doesn’t reliably outperform coal, gas and oil – and over longer terms tech usually underperforms energy.

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

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

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 ...

Anthropic has unveiled a slew of updates to its Claude AI tool, while announcing a slew of plugins for existing enterprise services. ・The rapid-fire release of features boosting its arsenal comes ...

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 ...

Amdahl’s reputation alone made the industry pay attention. Known as the architect of IBM’s System/360 mainframe family, he ...