AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...
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 ...
Strategy Inc (NASDAQ:MSTR) provided an update Monday on its at-the-market (ATM) equity offering program and recent bitcoin acquisitions, according to a statement based on a SEC filing. Between ...
NRX Pharmaceuticals ( (NRXP)) just unveiled an announcement. On February 17, 2026, NRx Pharmaceuticals filed a prospectus supplement covering up to $20 million of its common stock under an existing at ...
Aurora Cannabis ( (TSE:ACB)) has shared an announcement. On February 4, 2026, Aurora Cannabis Inc. entered into a sales agreement with TD Securities (USA) LLC that allows the company, from time to ...
IBM’s Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise syst ...
Java Development Kit (JDK) 26, a planned update to standard Java due March 17, 2026, has reached its second release candidate (RC) stage. The RC is open for critical bug fixes, with the feature set ...
Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.
Thank you to everyone who hosted watch parties and celebrated National Chemistry Week 2025 with us! If you were unable to attend live, ACS invites you to use the recording of this year's event ...
Boston College will begin recruiting the first class for its highly anticipated Human-Centered Engineering program, a major that will integrate BC’s core liberal arts focus and a rigorous engineering ...
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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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