IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.
IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...
Just like algae blooms in the ocean and pollen in the spring, there’s been an explosion in the past year or two of new software, related tools and lingo from the IT and mainstream/consumer side. Some ...
International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...
On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
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IBM defends after 13% Anthropic-fueled stock drop: ‘New AI tools emerge every week,’ Cobol modernization challenges remain
Anthropic unveiled new Claude functionality that can modernize COBOL code faster at scale, triggering a sharp drop in IBM ...
Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
The biggest lesson from both vibe coding and outcome-oriented work is that technology changes faster than culture.
Platform Engineering Labs today announced a major update to its open source Infrastructure-as-Code (IaC) platform, formae, ...
When Tomahawk shut down in 2016, it was powered by a team of six. A decade later, developer J Herskowitz has vibe-coded it ...
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