(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 ...
Shares of technology and consulting giant IBM (NYSE:IBM) fell 4% in the morning session after Anthropic launched a new AI tool within Claude Code designed to automate the modernization of COBOL, a ...
While the artificial intelligence industry touts that AI will replace entry-level jobs, not every company is scaling back hiring these positions. In IBM’s case, it’s going all in. Hardware giant IBM ...
International Business Machines Corp. raised nearly $7.5 billion in the corporate bond market, kicking off what is expected to be a flood of borrowing from the tech sector in 2026. The US firm on ...
IBM (NYSE: IBM) exceeded earnings expectations and demonstrated that its AI strategy is effective. Q4 revenue reached $19.69 billion compared to the anticipated $19.21 billion—a 12.1% increase from ...
As expected, IBM reported solid Q4 earnings with 12% reported growth somewhat boosted by acquisitions, while constant currency sales only grew at a 9% clip. The initial assumption driving the stock ...
Throughout its 115-year life IBM has shown itself to be a master of reinvention. In the mid-1990s the mainframe pioneer rescued itself from collapse by shifting its focus to the booming business of IT ...
IBM stock surged last year as the tech giant's strategy started to pay off. The AI business is booming, and IBM boosted its outlook as a result. The company laid out a detailed quantum computing ...
IBM is an AI pioneer, but it's been slow to find a viable business model. The tech giant is now betting on a mix of AI consulting and software to deliver AI solutions to enterprise clients. IBM's AI ...
The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for generative and agentic AI. Source: IBM IBM has AI on its mind with plans to ...
IBM Corp. today announced two new quantum processors at its annual Quantum Developer Conference that are aimed at delivering scalable quantum computation capabilities next year and fault-tolerant ...