IBM (IBM) shares sold off on Monday on the basis that Anthropic's (ANTHRO) Claude Code product can translate COBOL, prompting concern about the tech giant's legacy business. However, investment firm ...
IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
IBM shares rebound 5% after AI fears fade, as analysts defend its mainframe strength and downplay risks from Anthropic’s ...
International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...
On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.
When Tomahawk shut down in 2016, it was powered by a team of six. A decade later, developer J Herskowitz has vibe-coded it ...
Investor's Business Daily on MSN
IBM stock stung by Anthropic fears. Analyst says AI 'can't replace' the mainframe
IBM is the latest victim to investor fears about Anthropic's AI code.
Platform Engineering Labs today announced a major update to its open source Infrastructure-as-Code (IaC) platform, formae, ...
IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced ...
After Anthropic introduced a tool for automating time-consuming COBOL modernization, IBM's stock plummeted over 13 percent.
The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...
Java and JavaScript are entirely different languages despite their similar names. Java is compiled and widely used for ...
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