Anthropic launched Claude Code, an AI tool aimed at automating modernization of COBOL on mainframes, raising questions about ...

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 (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 ...

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 ...

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 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 ...

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 ...

IBM announced it is offering the IBM Db2 Developer Extension for Visual Studio (VS) Code-now generally available. Developers live in VS Code, but Db2 development often means switching tools to set up ...

IBM Research recently announced it’s open sourcing its Granite code foundation models, a key element within IBM’s broader family of Granite foundation models. IBM Research introduced its Granite ...