IBM stock has tumbled 20.6% in three months after Anthropic's Claude Code threatened its legacy COBOL moat - can hybrid cloud and watsonx offset the risk?

IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.

IBM will modernize digital pricing systems at 235 military commissaries worldwide under a five-year contract with the Defense ...

Claude’s COBOL shake-up just knocked IBM stock lower. Is this a smart buy-the-dip opportunity, or an early warning you shouldn’t ignore?

Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI ...

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

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

IBM continues to deepen its partnerships with health systems, leveraging artificial intelligence to address some of healthcare’s most pressing challenges. With collaborations spanning from New York ...

Misconfigurations and access control issues trigger many enterprises security problems, according to IBM’s X-Force security ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...

As of Tuesday's close, International Business Machines Inc. IBM is down 25% month-to-date — putting the stock on pace for its worst month since December 1992. That's worse than October 2018's 23% ...