Shares of IBM Corp., DoorDash Inc. and other software companies closed lower today following another broad decline in tech ...
IBM stock price dropped sharply after an AI company launched a tool to update old COBOL computer systems faster. This news also affected other tech consulting firms that earn money from legacy system ...
COBOL is a computer language used for business data processing and IBM is a leader in that area.
IBM (NYSE:IBM) shares hit a session low Monday afternoon, falling 10%, after Anthropic announced an AI tool designed to streamline COBOL code modernization. Accenture (NYSE:ACN) and Cognizant ...
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