Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

What is COBOL, the high-level programming language that is behind biggest-ever fall in IBM stock value

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's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

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

Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code writes COBOL scripts. What it means for techies

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...

Why the Software Market is a High-Growth Investment Opportunity Through 2035 | Market to Surpass USD 2.47 Trillion

According to Precedence Research, the global software market size accounted for USD 823.92 billion in 2025 and is predicted ...
Le Lézard

Azul Core Helps Sasol Reduce Java Licensing Costs by 92% While Improving Security and Compliance

Azul, the trusted leader in enterprise Java for today's AI and cloud-first world, today announced that Sasol, a global integrated chemicals and energy company headquartered in South Africa, has ...
The Financial Express

Explainer: How Claude Code threatens to disrupt IBM’s mainframe biz

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

Akamai Technologies, Inc. (AKAM) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

Morgan Stanley Technology, Media & Telecom Conference 2026 March 5, 2026 1:45 PM ESTCompany ParticipantsEd McGowan ...
Moneyweb

IBM sinks most since 2000 as Anthropic touts Cobol tool

International Business Machines Corp shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...

Has good old COBOL run its course?

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

Quants: Unveiling the Market Wizards of Wall Street

Discover how quantitative analysts, or quants, use advanced mathematical models to predict market trends and identify lucrative investment opportunities.