Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
A new zSeries module serves as a dedicated processor for Java applications and debuts in time for the 40th anniversary of the mainframe. Michael Kanellos is editor at large at CNET News.com, where he ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
In context: Despite being designed in 1959, the COBOL programming language is still widely used in applications deployed on mainframe computers. COBOL offers secure, reliable and transactional ...
IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.
IBM stock fell over 13% in a single trading session, raising its forward dividend yield to 3% right now.
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