Alibaba's ( BABA) cloud unit on Wednesday launched AI coding subscription plans that offer access and the ability to freely ...
IBM stock is down 25% in its worst month since 1992 after an AI-driven COBOL threat. Is this panic justified — or a rare ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
IBM ( IBM +2.70%) stock got hit hard in Monday's trading as fears that artificial-intelligence (AI) technologies could disrupt the company's common business-oriented language (COBOL) tech stack. The ...
International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...
International Business Machines Corp (NYSE: IBM) shares are rebounding Tuesday morning after plunging more than 13% Monday, ...
Short for Common Business-Oriented Language, COBOL is a dominant code system developed in the late 1950s often used in business data processing, such as payment processing and retail transaction ...
Today’s Forbes Daily also covers financial market fallout from Trump’s tariffs, FedEx sues the government, Novo Nordisk tumbles, winter storm cancels flights and more.
A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything you need to know about COBOL and the now viral blog from Anthropic ...
Surprisingly strong software growth sent IBM shares surging in early trade on Thursday. IBM’s stock IBM rose 9% to $321 — moving above its 50-day average of $302 — as the company’s adjusted earnings ...
IBM's leader has trumpeted an AI-on-the-mainframe future as generative AI fills in the COBOL gap left by earlier generations of techies. Arvind Krishna, IBM chairman, president, and chief executive ...
IBM beat analysts' revenue and profit expectations for the fourth quarter of 2025. Management projects free cash flow growth from 2025 to 2026. Shares are still attractive for those seeking AI ...