Anthropic launched Claude Code, an AI tool aimed at automating modernization of COBOL on mainframes, raising questions about ...

Anthropic launched an AI tool that automates COBOL modernization, challenging IBM's long established mainframe services ...

Still one of the biggest names in the computing world, IBM (NYSE:IBM) shed over 16% year to date heading into mid-March, a jarring reversal for a stock that closed Q4 earnings at $314.84 with momentum ...

IBM announced that it has signed a definitive agreement to acquire application modernization capabilities from Advanced, bringing a combination of talent, tools, and knowledge to enhance IBM ...

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 ...

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

IBM's stock value dropped 13% following Anthropic's announcement that its Claude Code tool could modernize COBOL-run legacy systems.

Investors fear that the new capabilities could disrupt IBM’s mainframe business. ・Jefferies reiterated ‘buy’ on IBM after the stock slide. ・Retail investors turn ‘extremely bullish,’ arguing that the ...

COPPELL, TX, UNITED STATES, January 2, 2026 /EINPresswire.com/ — Today, Programmers.io announced a major reinforcement of their investment and a redefined ...