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(Bloomberg) --International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a ...

Feb 23 (Reuters) - Shares of International Business Machines (IBM.N), opens new tab recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code ...

IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code tools can accelerate refactoring of apps written in ...

IBM’s stock stumbled on Monday to its largest single-day loss since the dot-com bubble burst, after Anthropic announced an AI tool it claimed would streamline updates for a decades-old business ...

International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology, after Anthropic said its Claude Code tool could be used to ...

IBM's stock ended Monday down 13% as Anthropic's Claude Code threatens to dismantle a critical part of its business IBM's stock ended Monday as the worst-performing member of the S&P 500 following a ...

IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...

Shares of technology and consulting giant IBM (NYSE:IBM) fell 4% in the morning session after Anthropic launched a new AI tool within Claude Code designed to automate the modernization of COBOL, a ...

Shares sank as much as 13 per cent, their biggest intraday drop since March 2020. With the decline, the stock is now down 26 per cent in February, on track for its biggest one-month percentage decline ...