International Business Machines (NYSE: IBM) is traded at $229.32 as of February 24, 2026, while the average analyst price ...
COBOL is a computer language used for business data processing and IBM is a leader in that area.
IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...