Most investors jumped to a conclusion on Monday that's not supported by all the facts.

Quick Read IBM (IBM) trades at 22.7x trailing P/E after its COBOL dip. AI coding tools like Claude Code are disrupting traditional seat-based software sales, but legacy software companies are already ...

IBM shares fell sharply after Anthropic said its AI coding tools could accelerate COBOL modernization, raising concerns about legacy services demand.

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

February proved to be a terrible month for software stocks. IBM lost over 18% on fears that Anthropic’s Claude AI could replace IBM’s Cobol coding moat. The good news is that investors did not buy the ...

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

IIIF provides researchers rich metadata and media viewing options for comparison of works across cultural heritage collections. Visit the IIIF page to learn more. In the early days of writing COBOL ...