Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
BusinessMirror

IBM drops most since 2000 as Anthropic touts Cobol tool

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...

Anthropic Vs. IBM: AI Starts To Threaten Businesses (Rating Downgrade)

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

Why Anthropic is behind IBM stock’s 13% plummet

Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
Moneyweb

IBM sinks most since 2000 as Anthropic touts Cobol tool

International Business Machines Corp shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...