AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.

Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your inbox, and ...

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

Stock futures were rising on Sunday night, ahead of some key economic reports on jobs and inflation and another looming deadline for funding parts of the federal government.

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

Overview Data science continues to rank among the highest-paying careers in the United States.Average salaries in 2026 remain in the six-figure range, with top ...

January's positive jobs data reduces the likelihood of upcoming Fed rate cuts, while Robinhood falls on revenue miss, today, Feb. 11, 2026. Jobs data surprised the markets today. January figures from ...

President Trump says tariffs have strengthened the economy, but GDP growth was actually below average during the first nine months of 2025. The S&P 500's forward price-to-earnings ratio is above 22, ...

IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...

Databricks Inc. today announced the general availability of Zerobus Ingest, a new serverless service within its Lakeflow Connect suite that simplifies and accelerates real-time data ingestion into the ...