Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

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

Why Anthropic is behind IBM stock’s 13% plummet

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

Trump’s new global tariffs kick in at 10%; Bank of England governor says March rate cut ‘open question’ – as it happened

Rolling coverage of the latest economic and financial news ...
TMCnet

TASKING Integrates Modern AI Technology to Enable Robust Software Verification and Validation (V&V)

The TASKING toolchain has been designed with a foundation that enables OEMs to develop functionally safe and secure systems. Modern AI capabilities are supported within the toolch ...

IBM falls most since 2000 after Anthropic COBOL AI claims; Thomas says translation isn’t modernization

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 ...
Analytics Insight

Java Vs. JavaScript: Core Differences Every Developer Should Know (2026)

Java and JavaScript are entirely different languages despite their similar names. Java is compiled and widely used for ...