IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.

International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

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

IBM says new AI tools do not address the ‘fundamental engineering challenge of running mission-critical workloads at scale.’ ・IBM charges clients to modernize their financial systems running on Cobol, ...

IBM faces a reassessment of its artificial intelligence risk after the release of Anthropic’s Claude Code tool triggered its worst trading day in more than 25 years, according to Morgan Stanley.

IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...

Focusing on the global architecture of SOA, IBM on Tuesday is introducing IBM Rational Software Delivery Platform 7.0 for the desktop. The product unveiling features a multitude of integrated products ...

IBM stock fell over 13% in a single trading session, raising its forward dividend yield to 3% right now.

IBM's push to create systems that can manage themselves is moving from the drawing board to the commercial development community. The company plans to release on Monday an open-source toolkit that ...