COBOL is a computer language used for business data processing and IBM is a leader in that area.

IBM's stock value dropped 13% following Anthropic's announcement that its Claude Code tool could modernize COBOL-run legacy ...

IBM shares saw their sharpest fall in over 25 years after AI startup Anthropic said its Claude Code tool can understand and modernise COBOL, a language deeply tied to IBM's mainframe business. Here is ...

On Monday, shares of International Business Machines Corp IBM declined 13.18% in the regular session to $223.35 and gained ...

Concerns about the disruptive impact of artificial intelligence resurfaced on Feb. 23, 2026, triggering a selloff in delivery, payments and software stocks. The wave of anxiety pushed International ...

IT stocks led the losses on Nifty today with the Nifty IT index plunging 1675 points or 5.3% to a fresh 52 week low of 29,875 ...

The Nifty IT index tanked over 3%, taking the month-to-date decline to 20%. As of yesterday's close, the IT pack has lost ₹5.05 lakh crore in market capitalisation.

Today’s Forbes Daily also covers financial market fallout from Trump’s tariffs, FedEx sues the government, Novo Nordisk tumbles, winter storm cancels flights and more.

Of interest, the iShares Expanded Tech-Software Sector ETF (IGV) continued to lose ground on Monday, down nearly 5.0% and on ...

Synopsys stock analysis: wide moat, AI-driven chip complexity growth, and Ansys deal impact. Read more macro analysis here.

The stock rallied as Advanced Micro Devices reached a deal with Meta. Meta will buy AI chips from AMD for five years, ...