IBM Shares Plunge 11% as Anthropic's Claude Code Threatens Its COBOL Empire episode artwork

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

Episode metadata supplied by the publisher feed · Published Feb 23, 2026

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IBM Shares Plunge 11% as Anthropic's Claude Code Threatens Its COBOL Empire

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