“Testing and control sit at the center of how complex hardware is developed and deployed, but the tools supporting that work haven’t kept pace with system complexity,” said Revel founder and CEO Scott ...

Comfort Systems stands out among infrastructure stocks—data center electrical growth, modular building edge, and strong ...

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

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

IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline.

Rolling coverage of the latest economic and financial news ...

Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.

IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced ...

SpaceX is seeking to hold an IPO later this year, in a deal that could raise as much as $50 billion to fund AI data centers ...

The Singapore government will expand its support for the equity market as part of a broader push to strengthen its position as a financial hub. The government will inject an additional 1.5 billion ...

Investor jitters about tech stocks and the health of the U.S. labor market sent stocks lower Thursday. The Dow industrials dropped 593 points, or 1.2%, while the S&P 500 also lost 1.2%. The Nasdaq ...

The shares of AI data center giant Applied Digital Corp (NASDAQ:APLD) are down 8.3% to trade at $28.91 at last check, a dismal outlook from semiconductor giant Qualcomm (QCOM) and increased AI ...