(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’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code tools can accelerate refactoring of apps written in ...

IBM's stock ended Monday down 13% as Anthropic's Claude Code threatens to dismantle a critical part of its business IBM's stock ended Monday as the worst-performing member of the S&P 500 following 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 ...

New funding accelerates Solace’s expansion establishing healthcare advocacy as essential infrastructure for closing the gaps between diagnosis and treatment. REDWOOD CITY, Calif.--(BUSINESS ...

The first production representative MQ-25 taxied under its own power at Boeing’s facilities, following a series of rigorous ground trials over several months. The Stingray’s first flight slipped into ...

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 ...

Software segment growth driving Q4 sales strength IBM's Q4 sales, profit beat LSEG-compiled estimates Growth in hybrid cloud decelerating Slowdown in hybrid cloud resulting from US government shutdown ...

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 ...

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 Navy confirms Boeing’s MQ-25 will not fly in 2025 as expected, shifting the pivotal test to early 2026 while ground checks and certification continue. The first flight of the U.S. Navy’s Boeing MQ ...