Big Blue has been saying this itself since 2013 IBM’s share price slumped by 13 percent on Monday, seemingly caused by ...
Shares of IBM Corp., DoorDash Inc. and other software companies closed lower today following another broad decline in tech ...
Ahead of Monday's holiday for the emperor's birthday, the Japan stock market had ended the two-day winning streak in which it had ...
IBM's stock price plummeted over 10% after Anthropic unveiled an AI tool capable of swiftly modernizing outdated COBOL computer systems.
Shares tank 13 per cent on Anthropic programming language threat. Read more at straitstimes.com. Read more at ...
Anthropic, in its latest blog post wrote that its Claude Code tool could be used to modernize legacy systems that run Common Business-Oriented Language or COBOL, a key business vertical for IBM.
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.
Shares of technology companies fell amid fears about disruption from artificial intelligence. Shares of International Business Machines plunged after AI startup Anthropic detailed how its Claude Code ...
Stocks fell as AI-disruption fears intensified; IBM down 13% amid concerns over COBOL modernization. Tech, delivery and payment shares suffered significant losses after Citrini Research's analysis.
International Business Machines Corp. shares plunged on Monday, after the artificial intelligence startup Anthropic said its ...
International Business Machines' stock is the latest big software loser that can trace its selloff to fears over new artificial-intelligence features. On Monday, IBM shares (IBM) fell 13.2% following ...