Latest News for: cobol

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IBM stock dives after Anthropic points out AI can rewrite COBOL fast

The Register 24 Feb 2026
... of apps written in the ancient COBOL language.
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IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL

Indian Express 24 Feb 2026
COBOL is a programming ...
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IBM Business Model At Risk? Anthropic's Claude Can Modernise COBOL Code; Stocks Fall 13%

NDTV 24 Feb 2026
IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation-threatening a core IBM mainframe and legacy IT services revenue stream tied to the ageing programming... .
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IBM posts steepest daily drop since 2000 after Anthropic says AI can modernise COBOL

The Economic Times 24 Feb 2026
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 modernize a ‌programming ⁠language run on ⁠IBM systems ... .
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Anthropic says Claude can understand COBOL, IBM stock suffers worst fall in 25 years

India Today 24 Feb 2026
Anthropic says Claude can understand COBOL IBM stock suffers worst fall in years ... .
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Explained: How IBM’s 13% plunge on Anthropic’s COBOL disruption fears sparked bloodbath in TCS, Infosys, Wipro & other IT stocks

The Times of India 24 Feb 2026
... COBOL code and disrupt IBMs legacy business.
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Explained | What is COBOL? How an Anthropic Claude blog wiped $30 billion off IBM ...

Live Mint 24 Feb 2026
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 ....
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How IBM’s 13% Plunge On Anthropic’s COBOL Fears Sparked Bloodbath In TCS, Infosys & Other ...

News18 24 Feb 2026
Shares of IT companies came under selling pressure on Feb 24 falling by as much as 8% after a steep decline in IBM rattled global markets ....
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Explained: How IBM’s 13% plunge on Anthropic’s COBOL disruption fears sparked bloodbath in TCS, Infosys, ...

The Economic Times 24 Feb 2026
... COBOL code and disrupt IBM’s legacy business.
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IBM stock falls 13.1% after Anthropic launches AI tool to modernize COBOL code

The Economic Times 24 Feb 2026
... an AI company launched a tool to update old COBOL computer systems faster.
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IBM shares sink 13%, record steepest drop in 25 years after Anthropic says AI can modernise COBOL

The Times of India 24 Feb 2026
Shares of IBM plunged 13.2% Monday, marking their steepest ...
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IBM stock suffers worst single-day drop in 25 years over Anthropic’s COBOL tool: What it is and why it wiped billions of dollar for IBM

The Times of India 24 Feb 2026
if AI can do what armies of consultants once did, a significant chunk of the company's business model faces disruption.What exactly is COBOL, and why does it still matter?COBOL stands for Common Business-Oriented Language.
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IBM stock falls 10% after Anthropic launches AI tool to modernize COBOL code

The Times of India 23 Feb 2026
... an AI company launched a tool to update old COBOL computer systems faster.
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IBM Shares Crater 13% After Anthropic Says Claude Code Can Tackle COBOL Modernization

Slashdot 23 Feb 2026
Anthropic said the shrinking pool of developers who understand COBOL had long made modernization cost-prohibitive, and that AI could now flip that ...

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