IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
IBM just got hit with one of its worst single-day drops in years. Shares fell over 13.2% on Feb. 23, 2026, closing at $223.35 ...
On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
Druid AI CEO Joe Kim weighs in on why the future of enterprise agents needs a governance-first mindset that supports composability and extensibility.
Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
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IBM Stock Plunges 13% After Anthropic AI Challenges Core Business
IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline..
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