Benzinga IBM Stock Is Trending After Crating 13% And Claude-Maker Anthropic Is The Reason Why: Here's What Happened
International Business Machines Corp. shares plunged 13% after Anthropic said its Claude Code AI tool could accelerate COBOL modernization, sparking investor fears that AI may disrupt IBM's legacy mainframe and consulting business despite the company's recent earnings beat. Importance Rank: 1 read more