IBM's shares took a dramatic hit, declining over 13% in a single day, marking its worst loss since 2000, amid concerns about the impact of Anthropic's Claude Code on its legacy COBOL consulting revenue. With a cumulative drop of approximately 27% since February, IBM faces competitive pressures as AI advancements challenge its traditional business model. This sell-off has raised alarms across the tech sector, hinting at potential ripple effects for other companies. As IBM grapples with a high debt load and market fears, it is in a critical race to demonstrate its ability to adapt to evolving demands in the automated landscape.
“IBM’s stock heads for worst month in 34 years — and Anthropic is partly to blame”
“L'IA d'Anthropic pirate le monopole d'IBM 📉 "31 milliards de dollars de capitalisation partis en fumée" "On est entrés dans une ère où l'IA est en train de remplacer toute une série d'applications, de services et de métiers"”
“Ação da IBM registra maior queda diária em mais de 25 anos”
“Legacy software cannot catch a break 😩 $IBM”
“$IBM is the latest company in the crosshairs of sellers after Anthropic announces COBOL capabilities for Claude https://t.co/ygE2aQQjJs”
“Furlanetti: tombo de ações da IBM alerta outros setores sobre impacto da IA”
“IBM stock falls after Anthropic says AI can now modernize old software”
“IBM is the latest AI casualty. Shares are tanking 11% on Anthropic programming language threat.”
“IBM株急落、約25年ぶりの下落率に 「Claude Code」を使ったCOBOL近代化を嫌気”
“米IBM株13%急落 アンソロピックAIが「COBOL」の代替を加速”
“سهم "IBM" يهبط 27% منذ بداية فبراير ويتجه لتكبد أكبر خسارة شهرية منذ 1968 بعد إطلاق شركة "أنثروبيك" أداة "كلاود كود" من "أنثروبيك"..”
“$IBM just had its worst day since the Dotcom Bubble crash. 💥”
