AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

According to Precedence Research, the global software market size accounted for USD 823.92 billion in 2025 and is predicted ...

Azul, the trusted leader in enterprise Java for today's AI and cloud-first world, today announced that Sasol, a global integrated chemicals and energy company headquartered in South Africa, has ...

A wild finish to the week saw technology surge 4% on Friday, measured by the State Street Technology Select Sector SPDR ETF. The ETF still closed the week in the red however, down 1.9% on its ...

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

Discover how quantitative analysts, or quants, use advanced mathematical models to predict market trends and identify lucrative investment opportunities.

The recent pressure on the software sector means some stocks backed by strong fundamentals are now trading at bargain levels. Two high-profile examples are Microsoft and Oracle whose shares have ...

Cybersecurity stocks dropped for a second day as the threat of AI loomed large with Anthropic's latest AI tool that can scan code for vulnerabilities. Investors are worried new artificial intelligence ...

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...