COBOL is a computer language used for business data processing and IBM is a leader in that area.
Discover how Anthropic's AI tool threatens IBM's dominance by modernising COBOL systems, causing a 13.2% stock drop and ...
IBM's stock value dropped 13% following Anthropic's announcement that its Claude Code tool could modernize COBOL-run legacy ...
IBM shares saw their sharpest fall in over 25 years after AI startup Anthropic said its Claude Code tool can understand and modernise COBOL, a language deeply tied to IBM's mainframe business. Here is ...
On Monday, shares of International Business Machines Corp IBM declined 13.18% in the regular session to $223.35 and gained ...
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The AI-Powered Hacking Spree Is Here

It turns out AI-coding tools are useful to criminals, too.
However, beneath these headline figures lies a captivating and surprising trend: Nvidia’s six-year-old Ampere (A100) chips ...
IT stocks led the losses on Nifty today with the Nifty IT index plunging 1675 points or 5.3% to a fresh 52 week low of 29,875 ...
Today’s Forbes Daily also covers financial market fallout from Trump’s tariffs, FedEx sues the government, Novo Nordisk tumbles, winter storm cancels flights and more.
Baron Discovery Fund highlights a new position in JFrog Ltd. as a leader in binary management. Read the Q4 2025 report for full investment insights.