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 ...

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

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

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

PARIS/LONDON, Feb 17 (Reuters) - As luxury companies like LVMH and Gucci-owner Kering ⁠struggle ⁠to recover from a two-year slowdown, they are navigating ⁠increasingly sharp share price swings stoked ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

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

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Cybersecurity stocks dropped for a second day as the threat of AI loomed large with Anthropic's latest AI tool that can scan code for vulnerabilities. Investors are worried new artificial intelligence ...

South Plains Financial (SPFI) said on Monday it has approved a new stock repurchase program authorizing the buyback of up to $10M of the company’s outstanding common shares. The repurchase program ...

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...