International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens consulting. Click for more on IBM and ANTHRO.
IBM’s stock took a hit after Anthropic, the company behind the AI model Claude, said its new tool can make fixing old COBOL ...
On the heels of IBM’s sharpest daily decline in a quarter-century, analysts cheered the resilience of the company’s mainframe ...
The Sensex crashed 1,069 points, or 1.28%, to end at 82,225.92, while the NSE counterpart Nifty 50 fell 1.12% to close at ...
News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, Tax Shelters, Insurance bonds. Fidelity’s Alex Wright: The sold-off stocks th ...
Of interest, the iShares Expanded Tech-Software Sector ETF (IGV) continued to lose ground on Monday, down nearly 5.0% and on ...
A new AI sell-off has spooked markets (^DJI, ^IXIC, ^GSPC) and the tech sector in Monday's session after a report from Citrini Research outlined a scenario of mass layoffs that could occur in 2028 due ...
Nasdaq 100, Gold Spot US Dollar, S&P 500, Dow Jones Industrial Average. Read 's Market Analysis on Investing.com ...
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Anthropic’s coding agent reshapes software development landscape
Anthropic’s Claude Code, an AI-driven coding agent that autonomously reads, writes and executes software instructions from a user’s terminal or browser interface, is accelerating change across the ...
IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.
IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...
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