The market's knee-jerk reaction makes enough superficial sense. Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL (Common ...

Anthropic’s AI-powered computing-coding agent Claude appears easily capable of competing with one of IBM’s core businesses. Worries of this threat sent IBM stock careening on Monday. A deeper dive ...

Anthropic's steady stream of new tools and updates for its Claude AI has hammered stocks this year. Claude's capabilities have wiped billions in market cap from software and cybersecurity stocks. The ...

The market boost spurred by the Supreme Court striking down President Donald Trump’s tariffs was short-lived, as all three major indexes fell Monday. The S&P 500 and Nasdaq sank by 1% and 1.1%, ...

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 shares plummeted 13.2% on Monday, marking their steepest drop since 2000, following concerns over competition from the Anthropic AI tool. Analysts say the news has rattled investors, highlighting ...

Shares of International Business Machines tumbled 13% Monday, their worst single-day move since October 2000. The stock began declining sharply in the afternoon after Anthropic, developer of the ...

The artificial intelligence “scare trade” erupted again on Monday as growing concerns about the disruptive power of AI dragged down shares of delivery, payments and software companies, and sent ...

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 ...

Investing.com -- IBM (NYSE:IBM) shares hit a session low Monday afternoon, falling 10%, after Anthropic announced an AI tool designed to streamline COBOL code modernization. Accenture (NYSE:ACN) and ...