AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
Investing.com -- IBM (NYSE:IBM) shares rose 4% Tuesday, recovering from Monday’s sharp decline after analysts defended the company’s mainframe business against concerns raised by Anthropic’s COBOL ...
According to Precedence Research, the global software market size accounted for USD 823.92 billion in 2025 and is predicted ...
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
Coforge Limited (NSE: COFORGE), a global digital services and solutions provider, today announced expanded new capabilities for Coforge CodeInsightAI, its agentic AI-powered code intelligence and ...
U.S. Supreme Court’s tariff ruling, Carney’s new defence strategy and the top dividend-paying stocks: Business and investing ...
Jim Cramer is a big fan of social media company Reddit , which reported a beat on the top and bottom lines Thursday. "I like the company very much, and I wish I could buy it today for my Charitable ...
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