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
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Notable Quotes
"With AI, teams can modernize their COBOL codebase in quarters instead of years."
— Claude Code , Executive
"With AI, teams can modernize their COBOL codebase in quarters instead of years."
— Claude Code , Executive
"With AI, teams can modernize their COBOL codebase in quarters instead of years."
— Claude , Other
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<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> <font color="#6f6f6f">Reuters</font>
IBM shares plunged over 13% following Anthropic's announcement that its Claude Code tool can modernize COBOL, a language critical to IBM systems.
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.
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.
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.
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.
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.
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.
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.
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