A Missouri state accounting system that was supposed to integrate all state financial operations on one platform is late and ...

In response, IBM said that translating COBOL was the easy part and that the real work is "data architecture redesign, runtime ...

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.

IBM shares slumped on Monday, February 23, 2026, after Anthropic said its AI could speed up COBOL modernization. The stock ...

The S&P 500 rose 0.81% to end at 6,946.13, while the Nasdaq Composite jumped 1.26% to 23,152.08. The Dow Jones Industrial ...

Of interest, the iShares Expanded Tech-Software Sector ETF (IGV) continued to lose ground on Monday, down nearly 5.0% and on ...

News: COBOL is back in the AI era. Anthropic’s claim jolts IBM, Nasscom reframes tech debt as a $1.6T services prize, and ...

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

The selloff in Nifty IT stocks showed no signs of easing on Tuesday, February 24, as the index fell for the fifth consecutive ...

IBM stock closed 13.15% lower at $223.35 on NYSE wiping out more than $31 billion in market cap after the AI startup Anthropic announced that Claude can streamline COBOL code.

IBM shares plunged 13.15% to $223.35 on February 23, registering their steepest single-day fall in over two decades, wiping ...