Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Anthropic launched Claude Code, an AI tool aimed at automating modernization of COBOL ...

Shares of IBM tumbled over 13 per cent on Monday, wiping out more than $30 billion in market capitalisation and dragging Indian IT stocks lower, after a blog post by Anthropic stoked investor concerns ...

Investing.com -- IBM faces a reassessment of its artificial intelligence risk after the release of Anthropic’s Claude Code tool triggered its worst trading day in more than 25 years, according to ...

Markets were rattled after a report projected a 2028 worldwide intelligence crisis, claiming AI would decimate professional roles and spark economic freefall, leading to a steep drop in IBM’s share ...

Stocks surged to records in large part because of hope — and hype — about artificial intelligence. But in recent months, worries about aggressive spending on AI have rippled through Wall Street as ...

Global technology giant International Business Machines (IBM) has become the latest casualty of artificial intelligence, after its stock fell 13% on Monday's trade in the New York Stock Exchange, ...

Indian IT stocks fell up to 6% after IBM's sharp decline AI tool Claude can automate COBOL code modernization COBOL's future impacts major Indian IT firms serving global banks Did our AI summary help?

IBM share price crash: Anthropic’s latest business move has hit shares of International Business Machines Corp or IBM hard. The stock tumbled on Monday after artificial intelligence startup Anthropic ...

The tech sector stocks continue to bleed. This follows the sharp selloff in technology sector seen overnight in the US markets. Leading AI major, Anthropic had announced updates to the Claude Code and ...

The sell-off followed a blog post from Anthropic touting its Claude Code AI assistant as a way to modernize massive codebases written in COBOL, the decades-old programming language that still powers ...