Claude Code Challenges IBM Legacy Business As Valuation Discount Widens

Anthropic launched Claude Code, an AI tool aimed at automating modernization of COBOL on mainframes, raising questions about ...

IBM’s Claude Code Shock Tests Confidence In Mainframe And AI Transition

IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...
24/7 Wall St.

IBM Takes Its Lumps in 2026: Is This a Buy the Dip Opportunity?

International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price target sits at $324.95. That is a gap of roughly 41.7% between where the stock ...

IBM's Anthropic-induced sell-off overlooks the fact it's disrupting itself: Jefferies

IBM (IBM) shares sold off on Monday on the basis that Anthropic's (ANTHRO) Claude Code product can translate COBOL, prompting concern about the tech giant's legacy business. However, investment firm ...
The Financial Express

Explainer: How Claude Code threatens to disrupt IBM’s mainframe biz

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

IBM stock sinks as Anthropic rolls out yet another disruptive AI tool

IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...

IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

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

IBM Stock Tanks After Anthropic Says Claude Code Can Modernize Legacy Code

IBM stock dropped 13% on Monday after Anthropic said that its Claude Code tool could be used to automate the modernization of legacy code. IBM mainframes, computers that process a large portion of the ...

IBM stock rebounds after Anthropic Claude Code sell-off

International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when fears about artificial-intelligence disruption hammered the legacy tech giant.
Opinion
Database Trends and ApplicationsOpinion

IBM Releases the IBM Db2 Developer Extension for VS Code

IBM announced it is offering the IBM Db2 Developer Extension for Visual Studio (VS) Code-now generally available. Developers live in VS Code, but Db2 development often means switching tools to set up ...
Forbes

IBM Releases Granite Code AI Models To Open-Source Community

IBM Research recently announced it’s open sourcing its Granite code foundation models, a key element within IBM’s broader family of Granite foundation models. IBM Research introduced its Granite ...
Techrights

IBM's Fedora as a Booster of Slop Disguised as Code or Computer Programs

IBM's Fedora as a Booster of Slop Disguised as Code or Computer Programs. posted by Roy Schestowitz on Mar 09, 2026 "Sloppyleft" - an article by Alexandre Oliva (FSF) - is less th ...