Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

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 ...

CardSight AI Launches Basketball Card Identification, Expanding Platform to Three Major Sports

CardSight AI adds close to 1 million Basketball cards spanning 1957-2026. Platform now covers three major sports with ...

Trump’s new global tariffs kick in at 10%; Bank of England governor says March rate cut ‘open question’ – as it happened

Rolling coverage of the latest economic and financial news ...
Decrypt

OpenAI Says Benchmark Used to Measure AI Coding Skill Is 'Contaminated'—Here's Why

OpenAI wants to retire the leading AI coding benchmark—and the reasons reveal a deeper problem with how the whole industry measures itself.

Anthropic Vs. IBM: AI Starts To Threaten Businesses (Rating Downgrade)

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