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IBM, COBOL

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

IBM shares fell sharply — marking their steepest daily drop since 2000 — after Anthropic said its AI coding tools could significantly speed up modernization of legacy COBOL systems.

· 2d · on MSN

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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How IBM’s 13% Plunge On Anthropic’s COBOL Fears Sparked Bloodbath In TCS, Infosys & Other IT Stocks

Shares of major IT companies came under intense selling pressure on February 24, falling by as much as 8 percent 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, Wipro & other IT stocks

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Infosys Share Price Live Updates: Infosys Current Market Position

1don 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

1don 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 ...