IBM stock has tumbled 20.6% in three months after Anthropic's Claude Code threatened its legacy COBOL moat - can hybrid cloud and watsonx offset the risk?

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

Most investors jumped to a conclusion on Monday that's not supported by all the facts.

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 ...

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

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

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 ...

Investing.com -- IBM (NYSE:IBM) shares rose 4% Tuesday, recovering from Monday’s sharp decline after analysts defended the ...

When the next generation of IBM mainframe, the z17, makes its anticipated summer debut, it will be outfitted with multiple technologies aimed at making the Big Iron mainframe the ultimate AI server.

In late February and early March 2026, International Business Machines Corporation expanded its board to fourteen directors with the election of Ramon Laguarta and announced new AI-focused ...

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.

IBM stock fell over 13% in a single trading session, raising its forward dividend yield to 3% right now.