A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...

Anthropic's AI tool Claude's ability to modernize Cobol code caused IBM shares to plummet, wiping out billions in market cap.

Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL ...

Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

With states issuing pleas for volunteer coders, we set out to learn more about the woman-invented language powering the mainframe computers that process unemployment claims, and why there’s a shortage ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

As of Tuesday's close, International Business Machines Inc. IBM is down 25% month-to-date — putting the stock on pace for its ...

Programming languages don't often make national headlines. But New Jersey governor Phil Murphy's plea earlier this month for developers familiar with the 60-year-old programming language Cobol to help ...