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 ...

The AI-driven software sell-off that ravaged markets in early February isn't over, with IBM stock tanking on Monday as Anthropic highlighted another disruptive use case for its AI agent. IBM shares ...

On Monday, shares of International Business Machines Corp IBM declined 13.18% in the regular session to $223.35 and gained 0.94% in after-hours trading. The stock was seen trending overnight. The ...

IBM shares are climbing on Tuesday, but not enough to compensate for sharp Monday declines experienced in the wake of an Anthropic product announcement. Shares of IBM tumbled 13.2% on Monday after ...

International Business Machines Corporation IBM has declined 27% over the past six months against the industry’s growth of 60.7% due to macroeconomic challenges and a sudden development in the ...

The IBM campus in North Carolina. In late February, the company experienced a stock market shock it hadn’t felt in 25 years. N&O file photo AI-generated summary reviewed by our newsroom. Read our AI ...

IBM and Anthropic have partnered in an effort to accelerate the development of enterprise AI applications, by integrating Anthropic’s Claude large language models (LLMs) into IBM software products, ...

Anthropic's steady stream of new tools and updates for its Claude AI has hammered stocks this year. Claude's capabilities have wiped billions in market cap from software and cybersecurity stocks. The ...