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IBM, COBOL and Anthropic

IBM Stocks Slide 13% After Anthropic Claims Faster COBOL Modernization

IBM shares slumped on Monday, February 23, 2026, after Anthropic said its AI could speed up COBOL modernization. The stock fell about 13%, marking IBM’s sharpes

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IBM stock falls after Anthropic says AI can now modernize old software

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IBM Sinks Most Since 2000 as Anthropic Touts Cobol Tool

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Anthropic's latest Claude Code update triggers massive IBM stock selloff, shares down 13.2% in a day

IBM stock price on Monday took a hard hit and plunged to its lowest level in nearly three decades.

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IBM posts worst drop in 25 years as AI disruption fears grip Wall Street

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Infosys Share Price Live Updates: Infosys Current Market Position

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US Stocks | IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL

This sharp decline followed AI startup Anthropic's announcement that its new tool can significantly speed up the modernization of COBOL, a critical programming language used extensively in banking and...

Domain-b · 19h

IBM shares tumble as Anthropic’s AI claims on COBOL modernization unsettle investors

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IBM shares plunge 13% after Anthropic says Claude can modernise COBOL systems

17hon MSN

Explained | What is COBOL? How an Anthropic Claude blog wiped $30 billion off IBM in a single session

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

17hon MSN

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 mainframe business. This AI advancement could compress years-long, costly migration projects into months,

Yahoo Finance

Rocket Software Advances COBOL Modernization with GenAI and ARM Ready Deployment, Enabling Disruption-Free Transformation

WALTHAM, Mass., Sept. 16, 2025 (GLOBE NEWSWIRE) -- Rocket Software, a global technology leader in modernization software, today announced groundbreaking innovations to its COBOL solutions, designed to help businesses update COBOL applications without ...

ZDNet

COBOL gets a web-friendly facelift on IBM mainframes

IBM has overhauled how the 50-year-old programming language COBOL runs on its System z mainframes to give COBOL apps a web-friendly facelift. Despite COBOL's age IBM estimates that more than 200 billion lines of COBOL code are still being used across ...