Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market got the news right and the conclusion wrong.
Investing.com - Jefferies reiterated a Buy rating and $370.00 price target on International Business Machines Corp. (NYSE:IBM) following concerns about artificial intelligence code assistants ...
After Anthropic introduced a tool for automating time-consuming COBOL modernization, IBM's stock plummeted over 13 percent.
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IBM defends after 13% Anthropic-fueled stock drop: ‘New AI tools emerge every week,’ Cobol modernization challenges remain
Anthropic unveiled new Claude functionality that can modernize COBOL code faster at scale, triggering a sharp drop in IBM stock on Monday.
TURKU, Finland, Feb. 10, 2026 /PRNewswire/ -- Vaadin, the leading provider of Java web application frameworks, today announced the general availability of Swing Modernization Toolkit, a solution that ...
SUNNYVALE, Calif.--(BUSINESS WIRE)--Azul, the trusted leader in enterprise Java for today’s AI and cloud-first world, today warned enterprises of a growing Java application modernization crisis driven ...
Swing Modernization Toolkit addresses a growing challenge for enterprises: millions of lines of business-critical Java Swing code that still work but face increasing pressure from users who expect ...
IBM will modernize digital pricing systems at 235 military commissaries worldwide under a five-year contract with the Defense ...
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