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

Shares sank as much as 13 per cent, their biggest intraday drop since March 2020. With the decline, the stock is now down 26 ...

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

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

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

Analysts argue the reaction overlooks IBM’s own AI strategy. Shares of International Business Machines suffered their ...

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

Deep inside the server rooms of hundreds of the world’s biggest businesses, mainframe computers built by International ...