Discover how Anthropic's AI tool threatens IBM's dominance by modernising COBOL systems, causing a 13.2% stock drop and ...

As of Tuesday's close, International Business Machines Inc. IBM is down 25% month-to-date — putting the stock on pace for its worst month since December 1992. That's worse than October 2018's 23% ...

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.

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 dated programming ...

Shares of IBM saw their sharpest single-day fall in more than 25 years after new fears emerged about how artificial intelligence could hurt one of the company's most stable businesses.

IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced ...

IBM stock closed 13.15% lower at $223.35 on NYSE wiping out more than $31 billion in market cap after the AI startup Anthropic announced that Claude can streamline COBOL code.

IBM shares saw their sharpest fall in over 25 years after AI startup Anthropic said its Claude Code tool can understand and modernise COBOL, a language deeply tied to IBM’s mainframe business. Here is ...

IBM shares plunged 13.15% to $223.35 on February 23, registering their steepest single-day fall in over two decades, wiping out more than $31 billion in market value. (IBM) has become the latest ...

IBM shares plunged 13% - their worst day in 25 years - after Anthropic said Claude Code could modernise Cobol systems.

AI fears grip Wall Street as IBM logs its worst fall in 25 years after a bearish 2028 disruption scenario sparks selloff in ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...