Quick Read IBM (IBM) shed 15.9% year to date after Anthropic’s Claude Code tool threatened to automate COBOL modernization, IBM’s highest-margin consulting work, though Q4 revenue grew 12% to $19.69B ...

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

IBM shares rebound 5% after AI fears fade, as analysts defend its mainframe strength and downplay risks from Anthropic’s ...

Analysts are currently placing the price target for IBM stock well above its current price of $239. Yahoo! Finance shows that the average price target is at $321, and TipRanks, an aggregator of Wall ...

View International Business Machines Corporation IBM stock quote prices, financial information, real-time forecasts, and company news from CNN.

International Business Machines IBM on Thursday unveiled a quantum-centric supercomputing architecture that integrates quantum and classical computing to tackle complex scientific problems. The system ...

IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...

IBM stock dropped 13% on Monday after an Anthropic blog post highlighted another use for Claude Code. The AI firm said its tool could help companies modernize their legacy code. Anthropic's flurry of ...

Shares of IBM (NYSE: IBM) climbed after the company reported stronger-than-expected results for the fourth quarter and issued upbeat guidance. The stock is up about 35% over the past year, as of this ...

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 ...

Anthropic launched an AI tool that automates COBOL modernization, challenging IBM's long established mainframe services ...