COBOL is a computer language used for business data processing and IBM is a leader in that area.

IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.

Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...

IBM shares fell 13.2%, suffering their worst day since 2000, at $223.35 per share, after Anthropic shared an update regarding ...

Feb 23 (Reuters) - Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to ...

On the heels of IBM’s sharpest daily decline in a quarter-century, analysts cheered the resilience of the company’s mainframe business.

Nifty IT and tech stocks plummet as AI disrupts sector and IBM slides 13%; track support and resistance levels for recovery ...

The Datrix Group martech company is among the organizations selected globally in the BI and Advanced Analytics category ...

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when ...

Just like algae blooms in the ocean and pollen in the spring, there’s been an explosion in the past year or two of new software, related tools and lingo from the IT and mainstream/consumer side. Some ...

FedEx sues U.S. for full refund of IEEPA tariffs. Hims & Hers Health discloses SEC investigation over copycat GLP-1s; stock ...