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Anthropic's latest Claude Code update triggers massive IBM stock selloff, shares down 13.2% in a day
IBM shares fell 13.2%, suffering their worst day since 2000, at $223.35 per share, after Anthropic shared an update regarding ...
A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...
COBOL is a computer language used for business data processing and IBM is a leader in that area.
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...
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 modernize a ...
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How IBM’s 13% Plunge On Anthropic’s COBOL Fears Sparked Bloodbath In TCS, Infosys & Other IT Stocks
Shares of IT companies came under selling pressure on Feb 24 falling by as much as 8% after a steep decline in IBM rattled ...
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Big Tech is shelling out up to $1 million for new hires who will never have to write a line of code
Some of the highest-paid tech workers now will never have to write a line of code. And it’s not because their work is being ...
Generative AI tools analyzed target networks and wrote exploit code, enabling an opportunistic attacker to have an outsized ...
After Anthropic introduced a tool for automating time-consuming COBOL modernization, IBM's stock plummeted over 13 percent.
Where does all the working time in a week actually go?
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