(Bloomberg) --International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a ...

IBM shares plunged earlier this week on concerns its core mainframe business was facing competition from AI. What's next for the tech titan? Seeking Alpha analysts weigh in.

Most investors jumped to a conclusion on Monday that's not supported by all the facts.

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 modernize a ...

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 ...

COBOL is a computer language used for business data processing and IBM is a leader in that area.

Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this week's Open Source.

Shares of International Business Machines tumbled 13% Monday, their worst single-day move since October 2000. The stock began declining sharply in the afternoon after Anthropic, developer of the ...

WASHINGTON, Feb 11 (Reuters) - A secret military laser-based anti-drone system prompted the Trump administration to ban air traffic for more than seven hours in and out of the Texas border city of El ...