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 ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, according to data compiled by Bloomberg. “Modernizing a Cobol system once ...
Coffee has become more than just a pre-game boost for these current and retired NFL players. Their caffeine-fueled ventures ...
AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
Big Blue has been saying this itself since 2023 IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code ...
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's stock ended Monday as the worst-performing member of the S&P 500 following a disruptive AI announcement from Anthropic.
Following the recent selloff, IBM’s valuation has become more compressed, according to analysts. The stock now trades at ...
CEO of Extra Special People announces book release and nationwide Joy Parade book tour sponsored by Loverly Grey ...
A 2020 report in Science Daily summarized the preceding research, noting that “caffeine increases the ability to focus and problem solve, but it doesn’t stimulate creativity. In addition to the ...
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