IBM stock fell over 13% in a single trading session, raising its forward dividend yield to 3% right now.

IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core mainframe business. This AI advancement could compress years-long, costly ...

Big Blue has been saying this itself since 2023 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 ...

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens consulting. Click for more on IBM and ANTHRO.

IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe ...

After Anthropic introduced a tool for automating time-consuming COBOL modernization, IBM's stock plummeted over 13 percent.

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