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 ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.
International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens consulting. Click for more on IBM and ANTHRO.
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