Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Anthropic launched Claude Code, an AI tool aimed at automating modernization of COBOL ...

A single Anthropic blog claiming its AI model Claude can read and modernise COBOL wiped nearly $30 billion off IBM’s market value. COBOL, a 1959 programming language, still powers critical banking, ...

Shares of IBM tumbled over 13 per cent on Monday, wiping out more than $30 billion in market capitalisation and dragging Indian IT stocks lower, after a blog post by Anthropic stoked investor concerns ...

Investing.com -- 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 ...

Markets were rattled after a report projected a 2028 worldwide intelligence crisis, claiming AI would decimate professional roles and spark economic freefall, leading to a steep drop in IBM’s share ...

Global technology giant International Business Machines (IBM) has become the latest casualty of artificial intelligence, after its stock fell 13% on Monday's trade in the New York Stock Exchange, ...

International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when fears about artificial-intelligence disruption hammered the legacy tech giant.

IBM share price crash: Anthropic’s latest business move has hit shares of International Business Machines Corp or IBM hard. The stock tumbled on Monday after artificial intelligence startup Anthropic ...

International Business Machines or IBM became the latest victim of the rapidly expanding AI power of Anthropic on Monday as the artificial intelligence company shared an update. IBM stock price on ...

The sell-off followed a blog post from Anthropic touting its Claude Code AI assistant as a way to modernize massive codebases written in COBOL, the decades-old programming language that still powers ...