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 ...

The surge of attention around recent artificial intelligence releases has amplified fears across markets even though the ...

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...

The Detroit project envisioned using JavaScript as an extension language for Java applications. Now it’s being revived with ...

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.

IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.

IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline.

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, ...

The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...

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