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 ...

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

Using an AI coding assistant to migrate an application from one programming language to another wasn’t as easy as it looked. Here are three takeaways.

Morgan Stanley Technology, Media & Telecom Conference 2026 March 3, 2026 3:20 PM ESTCompany ParticipantsJohn Ederer - ...

What’s obviously better is to take away all the money flagrantly wasted on ‘armies of consultants spending years mapping workflow’ and instead leave it to Claude Code, which can ‘automate the ...

Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.

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 ...

Welcome to the FTC Solar Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over ...

The shares of AI data center giant Applied Digital Corp (NASDAQ:APLD) are down 8.3% to trade at $28.91 at last check, a dismal outlook from semiconductor giant Qualcomm (QCOM) and increased AI ...

Jefferies upgraded power producer Vistra Corp. to buy on Monday, arguing that the share price doesn't accurately reflect the likelihood of future data center deals. The investment bank also increased ...

Goldman Sachs believes that demand for high-speed, short-range connectivity in artificial intelligence data centers could support further gains for Credo Technology Group . The bank initiated the ...

Valuation trends suggest the stock market could be topping out. While parallels between the AI revolution and dot-com boom can make some sense, there are notable differences between these two periods.