Shares of International Business Machines tumbled 13% Monday, their worst single-day move since October 2000. The stock began ...

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

The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

IBM shares plunged 13% - their worst day in 25 years - after Anthropic said Claude Code could modernise Cobol systems.

As of Tuesday's close, International Business Machines Inc. IBM is down 25% month-to-date — putting the stock on pace for its ...

IBM stock closed 13.15% lower at $223.35 on NYSE wiping out more than $31 billion in market cap after the AI startup Anthropic announced that Claude can streamline COBOL code.

IBM shares saw their sharpest fall in over 25 years after AI startup Anthropic said its Claude Code tool can understand and modernise COBOL, a language deeply tied to IBM's mainframe business. Here is ...

IBM shares plunged 13.15% to $223.35 on February 23, registering their steepest single-day fall in over two decades, wiping ...

FedEx sues U.S. for full refund of IEEPA tariffs. Hims & Hers Health discloses SEC investigation over copycat GLP-1s; stock ...

AI fears grip Wall Street as IBM logs its worst fall in 25 years after a bearish 2028 disruption scenario sparks selloff in ...

Salesforce posted accelerating growth and pushed up its long-range revenue target thanks to a recent acquisition.