IBM stock falls after Anthropic says AI can now modernize old software

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.

IBM's Anthropic-induced sell-off overlooks the fact it's disrupting itself: Jefferies

IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.

IBM Stock Is Trending After Crating 13% And Claude-Maker Anthropic Is The Reason Why: Here's What Happened

On Monday, shares of International Business Machines Corp IBM declined 13.18% in the regular session to $223.35 and gained ...

IBM taps Deepgram to add real-time speech to watsonx Orchestrate

IBM Corp. and Deepgram Inc. said they will collaborate to integrate Deepgram’s voice capabilities into IBM’s watsonx ...

IBM stock sinks as Anthropic highlights Claude's ability to modernize old programming language

IBM shares tumbled after Anthropic blogged about how Claude Code could help businesses modernize legacy systems that use an older prgramming language.

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 mainframe business. This AI advancement could compress years-long, costly ...

Form & Function Aesthetics and Wellness Introduces Oxyverve for Cellular Vitality

Oxyverve enhances oxygen utilization at the cellular level, supporting mitochondrial efficiency, collagen production, ...
India West

New In Healthcare: House Calls Are Back In CA

In Los Angeles County, residents are now enjoying something reminiscent of older classic television shows, harkening back to simpler times. Remember the old Marcus Welby, MD TV show? The doctor, with ...