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 ...

If you’re like many investors who held software stocks at the core of the portfolio, you may have hesitated when Anthropic released its Cowork agent earlier this year. Whether it’s Claude Code, the ...

Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this week's Open Source.

COBOL is a computer language used for business data processing and IBM is a leader in that area.

News: At Nasscom Technology & Leadership Forum 2026 leaders argued AI can cut the cost and risk of modernising Cobol-era ...

Plunge in IBM shares comes as fears of an artificial intelligence bubble grips the stock market Matthew Field is a Senior ...

Who's to blame – the vibey platforms or the humans who ignore security warnings? Vibe-coding platform Lovable has been accused of hosting apps riddled with vulnerabilities after saying users are ...

IBM stock analysis: why its mainframes and enterprise software are insulated from AI disruption, with strong FCF and growth ...

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 ...

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.