The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...
A new zSeries module serves as a dedicated processor for Java applications and debuts in time for the 40th anniversary of the mainframe. Michael Kanellos is editor at large at CNET News.com, where he ...
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IBM stock stung by Anthropic fears. Analyst says AI 'can't replace' the mainframe
IBM is the latest victim to investor fears about Anthropic's AI code.
Investing.com -- IBM (NYSE:IBM) shares rose 4% Tuesday, recovering from Monday’s sharp decline after analysts defended the company’s mainframe business against concerns raised by Anthropic’s COBOL ...
In context: Despite being designed in 1959, the COBOL programming language is still widely used in applications deployed on mainframe computers. COBOL offers secure, reliable and transactional ...
Following the recent selloff, IBM’s valuation has become more compressed, according to analysts. The stock now trades at roughly 18 times projected 2026 earnings and about 16 times this year’s free ...
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