IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL ...Middle East

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IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOL
source : Devdiscourse ( Middle East ) () 37
Shares of International Business Machines ​recorded their steepest daily ​drop in more ‌than 25 years ​on Monday, after AI startup Anthropic said its Claude Code tool could be ‌used to modernize a programming language run on IBM systems. IBM shares sank 13.2%, their biggest drop since October 18, 2000.

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