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

IBM shares plunged earlier this week on concerns its core mainframe business was facing competition from AI. What's next for the tech titan? Seeking Alpha analysts weigh in.

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

As of Tuesday's close, International Business Machines Inc. IBM is down 25% month-to-date — putting the stock on pace for its ...

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.

COBOL is a computer language used for business data processing and IBM is a leader in that area.

Fintel reports that on February 25, 2026, UBS upgraded their outlook for International Business Machines (NYSE:IBM) from Sell to Neutral. Analyst Price Forecast Suggests 39.69% Upside As of February ...

International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price ...

Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...

Feb 23 (Reuters) - Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to ...

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

IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.