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 ...

IBM Sinks Most Since 2000 as Anthropic Touts Cobol Tool

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

IBM's stock heads for worst month in 34 years - and Anthropic is partly to blame

IBM's stock ended Monday as the worst-performing member of the S&P 500 following a disruptive AI announcement from Anthropic. International Business Machines' stock is the latest big software loser ...
NDTV Profit on MSN

IBM business model at risk? Anthropic's Claude can modernise COBOL code; stocks fall 13%

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 ...
Modern Car Collector on MSN

A 2005 Mercedes CL65 AMG just sold for over $300,000

A 2005 Mercedes-Benz CL65 AMG that spent years tucked inside a $60 million car collection has sold for more than $300,000 at auction, a figure far exceeding the model’s typical market value of around ...