How a blog post about a 67-year-old programming language rattled IBM

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.
24/7 Wall St.

IBM Takes Its Lumps in 2026: Is This a Buy the Dip Opportunity?

International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price ...

IBM Faces Worst Month Since 1992 — Is Anthropic The New Dot-Com Moment?

IBM stock is down 25% in its worst month since 1992 after an AI-driven COBOL threat. Is this panic justified — or a rare ...

Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code writes COBOL scripts. What it means for techies

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ‘casualty’ of this was the legendary firm IBM, whose stocks fell.

IBM Stock Rebounds After Anthropic Claude Code Sell-Off

International Business Machines Corp (NYSE: IBM) shares are rebounding Tuesday morning after plunging more than 13% Monday, when fears about artificial-intelligence disruption hammered the legacy tech ...

IBM’s rout, 'ghost' GDP: Why AI doom loop may be just a 'scary bedtime story'

Markets were rattled after a report projected a 2028 worldwide intelligence crisis, claiming AI would decimate professional ...

Mass layoffs, economic crisis: What is the Citrini Research report which is shaking markets? 5 questions answered

By the end of the paper, despite talking about the dystopian society, Citrini Research adds that “we’re equally certain that machine intelligence will continue to accelerate." ...

IBM is tripling the number of Gen Z entry-level jobs after finding the limits of AI adoption

Gen Z jobs aren’t dead yet: $240 billion tech giant IBM says it’s rewriting entry-level jobs—and tripling down on its hiring ...

Spotify engineers no longer code, company says — AI now does the heavy lifting

Spotify has transitioned to AI-driven development, with its internal system 'Honk' handling coding tasks. Co-CEO Gustav ...
Reuters

Ghislaine Maxwell refuses to answer questions at congressional deposition, lawmakers say

WASHINGTON, Feb 9 (Reuters) - Jeffrey Epstein associate Ghislaine Maxwell refused to answer questions at a deposition before the U.S. House's Committee on Oversight and Government Reform on Monday, ...
Reuters

Ghislaine Maxwell won't answer questions during congressional deposition, lawmaker says

Feb 8 (Reuters) - Jeffrey Epstein associate Ghislaine Maxwell intends to refuse to answer questions at a Monday deposition before the House's Committee on Oversight and Government Reform, according to ...