IBM's stock price recorded its worst single-day drop in 25 years! Anthropic claims it can transform Cobol systems
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IBM's stock price recorded its worst single-day performance in over 25 years on Monday, plummeting by 13%. This decline was due to the artificial intelligence startup Anthropic stating that its Claude Code tool can help modernize Cobol systems. IBM's stock price has already fallen by 27% in February, potentially marking its largest single-month decline since 1968. Market risk warning, investment should be cautious
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