(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 stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...

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 ...

In brief: Amid multiple depressing reports of AI causing job layoffs and white-collar workers under threat, here's some rare positive news: IBM is tripling the number of entry-level workers it plans ...

IBM is set to triple entry-level hiring in 2026, a significant shift from its 2023 stance on AI replacing jobs. These roles are being redefined, with junior developers focusing more on customer ...

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 ...

IBM on Wednesday topped Wall Street fourth-quarter estimates. The technology and consulting firm expects full-year revenue growth to exceed 5% and free cash flows to increase by $1 billion. IBM's ...

Cloud unit sales growth slows to 14% in Q3 from Q2's 16% IBM shares fall ~5% in extended trading Q3 revenue and profit beat LSEG estimates AI-driven mainframe boosts infrastructure sales Oct 22 ...

IBM says its IDE early adopters have seen a 45% boost in productivity Clause is the LLM of choice for AI assistance The companies also released MCP/agentic AI guidance for enterprises IBM and ...

Tech behemoth IBM is teaming up with AI research lab Anthropic to bring AI into its software. Armonk, New York-based IBM announced it will be adding Anthropic’s Claude large language model family into ...

IBM has made a comeback in the past five years under the leadership of CEO Arvind Krishna. Now, Big Blue is betting that quantum computing will be the next big thing. But will IBM succeed against ...