IBM stock fell over 13% in a single trading session, raising its forward dividend yield to 3% right now.
IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.
IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline.
Just like algae blooms in the ocean and pollen in the spring, there’s been an explosion in the past year or two of new software, related tools and lingo from the IT and mainstream/consumer side. Some ...
Platform Engineering Labs today announced a major update to its open source Infrastructure-as-Code (IaC) platform, formae, ...
IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced ...
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IBM defends after 13% Anthropic-fueled stock drop: ‘New AI tools emerge every week,’ Cobol modernization challenges remain
Anthropic unveiled new Claude functionality that can modernize COBOL code faster at scale, triggering a sharp drop in IBM stock on Monday.
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 ...
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, according to data compiled by Bloomberg. “Modernizing a Cobol system once ...
Does Excel Power Query keep crashing with Error 0xC000026F? It occurs due to compatibility issues between Power Query engine ...
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