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IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL - Reuters

IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL - Reuters

IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL Reuters

February 24, 2026 at 02:42 AM Original source
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IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL - Reuters
Reutersvia rss

<a href="https://news.google.com/rss/articles/CBMiwAFBVV95cUxQN1NQQ2V5a0FEcnBuczBkblk4VXlXLWM5ZGlxdGFKXzhFRW9mR0gtOGItRUdxRmdsVDV1bWZxLTBZVXRZajlwYWdPX1lkd1RYZWtRNzVZVUZpNlV5N0FvdVhQNW9SQjBVV3BQWmhqcXFlTWJoNkdXM2c3d3RsQU9GXzV1dmVOd242NGVnZmFKUjBLckFCR29wVERJVmxsQjVCRGFpMUNxcE1sV0huNFdXcUEzaXd6MmEzWnFjSGZzMm4?oc=5" target="_blank">IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

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IBM posts steepest daily drop since 2000 after Anthropic says AI can modernise COBOL
The Economic Timesvia ai

IBM shares fell 13.2%, marking their largest drop since October 2000, after Anthropic announced its Claude Code tool could modernize COBOL, a language widely used on IBM mainframes.

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US Stocks | IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL
The Economic Timesvia ai

IBM shares plunged over 13% following Anthropic's announcement that its Claude Code tool can modernize COBOL, a language critical to IBM systems.

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IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL
The Indian Expressvia ai

IBM shares experienced their steepest decline in over 25 years after Anthropic's Claude Code tool was announced to modernize COBOL, a language prevalent on IBM mainframes.

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IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL
Channel News Asiavia ai

IBM shares sank 13.2%, their biggest drop since October 2000, after Anthropic announced its Claude Code tool could modernize COBOL, a language used on IBM systems.

80%
Forbesvia ai

IBM's stock experienced its largest single-day loss since the dot-com bubble burst, following Anthropic's announcement of an AI tool to modernize COBOL, a language IBM systems rely on.

80%
IBM posts steepest daily drop since 2000 after Anthropic says AI can modernise COBOL
The Economic Timesvia ai

IBM shares fell 13.2%, marking their steepest drop in over 25 years, after Anthropic announced its Claude Code tool can modernise COBOL, a language widely used on IBM mainframes.

80%
IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL
Yahoo Financevia ai

IBM shares declined by 13.2%, their largest drop since October 2000, following Anthropic's announcement that its Claude Code tool can modernise COBOL, a language prevalent on IBM systems.

80%
IBM shares hit 25-year low as AI promises to update ageing mainframe code
Malay Mailvia ai

IBM shares fell 13.2%, marking their steepest drop in over 25 years, after Anthropic's Claude Code tool was announced to modernise COBOL, a language used on IBM mainframes.

80%