The sell-off followed a blog post from Anthropic touting its Claude Code AI assistant as a way to modernize massive codebases written in COBOL, the decades-old programming language that still powers ...

IBM's sharp selloff underscores how artificial intelligence (AI) is beginning to challenge long-standing technology moats in enterprise computing, raising broader questions about who controls ...

International Business Machines’ stock is the latest big software loser that can trace its selloff to fears over new artificial-intelligence features. Back To Top ...

Feb 23 (Reuters) - Shares of International Business Machines (IBM.N), opens new tab recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code ...

International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when fears about artificial-intelligence disruption hammered the legacy tech giant.

Let’s uncover how the IBM stock crash unfolded as AI driven modernization and legacy COBOL migration fears shake investors. Summary is AI generated, newsroom reviewed. IBM stock crash erased $31 ...

Anthropic’s Claude Code can now automate COBOL code modernization, threatening a major revenue stream for IBM, Accenture, and Cognizant IBM shares fell over 11% after the announcement; Accenture and ...

The move followed comments from Anthropic that its Claude Code tool can help companies modernize legacy systems built on COBOL. Common Business-Oriented Language, or COBOL, is a programming language ...

International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology, after Anthropic said its Claude Code tool could be used to ...

🔴 Top 3 Attrition Risk Factors: 1. Overtime is the #1 driver Employees working overtime leave at 30.53% vs 10.44% for those who don't — nearly 3x the rate. Reducing mandatory overtime could have an ...