EPISODE · Feb 23, 2026 · 4 MIN
IBM Shares Plunge 11% as Anthropic's Claude Code Threatens Its COBOL Empire
from Awesome Agents Podcast · host Awesome Agents
IBM stock suffered its worst single-day decline in years after Anthropic announced Claude Code can automate COBOL modernization, threatening billions in consulting revenue
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IBM Shares Plunge 11% as Anthropic's Claude Code Threatens Its COBOL Empire
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