IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...

International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price target sits at $324.95. That is a gap of roughly 41.7% between where the stock ...

IBM's future price target for 2026 remains above current levels despite competition. By 2030, IBM stock could significantly rise if it masters quantum computing. IBM's debt has increased due to ...

IBM (IBM) shares sold off on Monday on the basis that Anthropic's (ANTHRO) Claude Code product can translate COBOL, prompting concern about the tech giant's legacy business. However, investment firm ...

IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this week's Open Source.

IBM stock dropped 13% on Monday after Anthropic said that its Claude Code tool could be used to automate the modernization of legacy code. IBM mainframes, computers that process a large portion of the ...

COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...

IBM stock rebounded on Tuesday, climbing around 4% to $234.68, as investors reassessed the previous day’s steep decline and ...