Deep inside the server rooms of hundreds of the world’s biggest businesses, mainframe computers built by International ...

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 ...

Shares sank as much as 13 per cent, their biggest intraday drop since March 2020. With the decline, the stock is now down 26 ...

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

Investors fear that the new capabilities could disrupt IBM’s mainframe business. ・Jefferies reiterated ‘buy’ on IBM after the stock slide. ・Retail investors turn ‘extremely bullish,’ arguing that the ...

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

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 ...

A small Minneapolis mainframe computer software startup is poised to change the way enterprises use and share data across the cloud. VirtualZ Computing Inc. claims to be the first and only ...

When you think of mainframes, you probably think of spinning tape drives, reams of computer cards, and text-only, green-on-black 3270 terminals. IBM's latest mainframe, the LinuxONE Emperor 5, is not ...