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

IBM shares fell 13.2%, suffering their worst day since 2000, at $223.35 per share, after Anthropic shared an update regarding ...

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IBM shares plunged 13% - their worst day in 25 years - after Anthropic said Claude Code could modernise Cobol systems.

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