Claude Just Dealt Another Blow to IBM Stock. Will It Be Fatal, or Should You Buy the Dip?

Claude’s COBOL shake-up just knocked IBM stock lower. Is this a smart buy-the-dip opportunity, or an early warning you shouldn’t ignore?

ETtech Explainer: Decoding Anthropic’s Claude Code update that triggered IBM selloff

A single Anthropic blog claiming its AI model Claude can read and modernise COBOL wiped nearly $30 billion off IBM’s market ...

Claude the conqueror: The AI chatbot keeps wiping out billions from exposed tech stocks

Claude, Anthropic's AI chatbot, has sparked major selling of US tech stocks as its capabilities induce fear among investors ...

Explained | What is COBOL? How an Anthropic Claude blog wiped $30 billion off IBM in a single session

A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything you need to know about COBOL and the now viral blog from Anthropic ...
The Financial Express

From crash to comeback: IBM rebounds 5% as analysts call AI-driven sell-off an overreaction

IBM shares rebound 5% after AI fears fade, as analysts defend its mainframe strength and downplay risks from Anthropic’s ...

Claude Code shock: Big Blue falls, Indian IT stocks follow

IBM's market plunge over AI concerns drags down Indian IT stocks, raising fears about legacy COBOL modernization challenges.

Anthropic's latest Claude Code update triggers massive IBM stock selloff, shares down 13.2% in a day

IBM shares fell 13.2%, suffering their worst day since 2000, at $223.35 per share, after Anthropic shared an update regarding ...