International Business Machines (NYSE:IBM) released quarterly results that exceeded consensus expectations on both earnings ...

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...

ServiceNow (NYSE:NOW) is accelerating its AI agenda with the acquisition of Pyramid Analytics to integrate advanced business analytics and AI into its platform. The deal follows earlier purchases of ...

An AI-driven sell-off has spread well beyond software stocks. Here are the industries that have been affected.

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

Shares of U.S. software companies that entered into partnerships with AI startup Anthropic on Tuesday helped lead a rebound in the sector that has been hammered by fears about the disruptive impact of ...

Shares of US software firms partnered with AI startup Anthropic surged, leading a sector rebound, following fears over AI's disruptive impact. Details are here.

RBC initiates Eli Lilly at outperform RBC says the weight loss pharmaceutical maker is best positioned to fight obesity. "We ...

Cybercriminals are leaning harder on the simplest ways into company networks, and using AI tools to do it quicker, IBM has warned. In its 2026 X-Force Threat Intelligence Index published on Wednesday, ...

The firm said the risk-reward profile for IBM shares is now more balanced. IBM shares have declined 22% in 2026 and underperformed the S&P 500 by almost 27% over the past 12 months following a series ...

Is investor anxiety over AI squashing IT services overblown? Dire predictions have rattled stocks, but the truth lies between apocalypse and AI-impact denial. Legacy systems and regulatory ...