COBOL is a computer language used for business data processing and IBM is a leader in that area.

Discover how Anthropic's AI tool threatens IBM's dominance by modernising COBOL systems, causing a 13.2% stock drop and ...

IBM's stock value dropped 13% following Anthropic's announcement that its Claude Code tool could modernize COBOL-run legacy ...

Salesforce posted accelerating growth and pushed up its long-range revenue target thanks to a recent acquisition.

IBM shares saw their sharpest fall in over 25 years after AI startup Anthropic said its Claude Code tool can understand and modernise COBOL, a language deeply tied to IBM's mainframe business. Here is ...

On Monday, shares of International Business Machines Corp IBM declined 13.18% in the regular session to $223.35 and gained ...

The KBW Regional Bank Index was clobbered 7.1% this week, with losses from February 9th highs at 10.0%. Read more here.

It turns out AI-coding tools are useful to criminals, too.

However, beneath these headline figures lies a captivating and surprising trend: Nvidia’s six-year-old Ampere (A100) chips ...

Today’s Forbes Daily also covers financial market fallout from Trump’s tariffs, FedEx sues the government, Novo Nordisk tumbles, winter storm cancels flights and more.