AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
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IBM defends after 13% Anthropic-fueled stock drop: ‘New AI tools emerge every week,’ Cobol modernization challenges remain
Anthropic unveiled new Claude functionality that can modernize COBOL code faster at scale, triggering a sharp drop in IBM ...
International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...
COBOL is a computer language used for business data processing and IBM is a leader in that area.
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.
Feb 23 (Reuters) - Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to ...
IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.
On Monday, shares of International Business Machines Corp IBM declined 13.18% in the regular session to $223.35 and gained ...
IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...
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