Feb 23 (Reuters) - Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to ...

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

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

IBM's next-gen FlashSystem storage arrays combine agentic AI, hardware-native ransomware detection, and record capacity for ...

Before AI layoffs, there was IBM. In 1993, the tech giant laid off 60,000 people—a record that still stands today. Read the full story of the biggest corporate cutback in history.

IBM stock fell over 13% in a single trading session, raising its forward dividend yield to 3% right now.

COBOL is a programming language widely used on IBM mainframes across banking, insurance and government systems ...

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

After Monday's rout, IBM's 14-Day Relative Strength Index (RSI) fell into "oversold" territory at 24, indicating the stock might have been due for a short-term bounce. The stock has tended to exceed ...

Stocks surged to records in large part because of hope — and hype — about artificial intelligence.

IBM's mainframe systems are still widely used due to their reliability and security. IBM's latest mainframes feature powerful AI acceleration, enabling real-time AI inference workloads. IBM expects ...