Shares of International Business Machines (IBM) were hammered this week after Anthropic (ANTHRO) announced its Claude Code tool could be used to efficiently modernize systems running on COBOL, a ...
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 ...
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 ...
IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. IBM entered 2026 with numbers it hasn’t posted in years. In its latest earnings release, the ...
Prefer Newsweek on Google to see more of our trusted coverage when you search. AI has threatened jobs across industries, and job growth has stalled nationwide in recent months because of it. While Gen ...
IBM Vice Chair Gary Cohn on Sunday praised President Trump’s decision to appoint Kevin Warsh as the next Federal Reserve chair, touting him as a “traditionalist.” “I think we’re very fortunate to have ...
IBM (NYSE: IBM) exceeded earnings expectations and demonstrated that its AI strategy is effective. Q4 revenue reached $19.69 billion compared to the anticipated $19.21 billion—a 12.1% increase from ...
Tech giant IBM has come forth with its earnings report for Q4 2025, closing out its latest financial year. It showed a beat on EPS and revenue expectations, and the stock has been on the move as a ...
For most people, the IBM name is a fragment of the past, something that only comes up in old '80s sci-fi movies or in documentaries of ancient tech. The company's still up and running, and it does ...
American tech giant IBM announced last month the acquisition of Confluent, a pioneering company in data streaming, for $11 billion. The buyout will allow IBM to strengthen its AI platform and cloud ...