Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

According to Precedence Research, the global software market size accounted for USD 823.92 billion in 2025 and is predicted ...

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 ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

U.S. Supreme Court’s tariff ruling, Carney’s new defence strategy and the top dividend-paying stocks: Business and investing ...

Discover how quantitative analysts, or quants, use advanced mathematical models to predict market trends and identify lucrative investment opportunities.

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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 ...